The rent prices in real estate in Hermit Park, 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 Hermit Park has risen strongly during the last 6 months. In October, the average price per m² was $0.8. In November this price barely changed remaining at $0.81 per m². In the following two months the price per m² has risen 110 %, going from $0.81 to $0.88 per m². The price per m² has had a considerable rise of 4056 % 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 $0.85 to $34.27 during February, and March.
When referring to the price in Hermit Park (suburbs), this has risen considerably in the last 6 months. The average price for October is $2,128. During November the price had a slight fall till $2,002. During the following two months (December, January) the average price had a considerable fall of 62 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 274 % during the last two months.