The rent prices in real estate in Forest Lake, 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 Forest Lake has had a strong fall during the last 6 months. In October, the average price per m² was $17.96. In the following month the price per m² fell considerably to $15.06. The price for the following two months in (December, January) had a considerable fall of 4 with regard to the previous two months. The price per m² has had a considerable fall of 7 % 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 $8.57 to $0.64 during February, and March.
When referring to the price in Forest Lake (suburbs), this has fallen considerably in the last 6 months. The average price for October is $20,160. During November the price had a considerable fall till $16,903. During the following two months (December, January) the average price had a considerable fall of 3 % 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 $9,575.75 to $595, which means a 6 % fall.