The rent prices in real estate in Emerald, in the Queensland region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per m² in Emerald has risen strongly during the last 6 months. In October, the average price per m² was $0.57. In November this price barely changed remaining at $0.59 per m². The price for the following two months in (December, January) had a considerable rise of 1359 %. The price per m² has had a considerable fall of 0 % 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 $4.23 to during February, and March.
When referring to the price in Emerald (suburbs), this has fallen in the last 6 months. In our first sample month during October, the average price is $421. In November This price remains at $428. During the following two months (December, January) the average price had a considerable rise of 125 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $478.5 to $194, which means a 41 % fall.