The rent prices in real estate in Doonan, in the Queensland region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per m² in Doonan has had a strong fall during the last 6 months. In November, the average price per m² was $1.43. In the following month the price per m² fell to $1.28. The price for the following two months in (January, February) had a considerable fall of 79 with regard to the previous two months. The price per m² has fallen 86 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per m² of $1.22 to $1.04 during March, and April.
When referring to the price in Doonan (suburbs), this has risen in the last 6 months. In our first sample month during November, the average price is $894. In December This price remains at $921. In the following two months the average price has hardly changed with regard to the previous two months from $907.5 to $948.5. Based on an analysis of the first four prices and the last two months the average price has increased 108 % during the last two months.