The rent prices in real estate in Hillcrest, 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 Hillcrest has risen strongly during the last 6 months. In October, the average price per m² was $0.59. In November this price barely changed remaining at $0.6 per m². The price for the following two months in (December, January) had a considerable rise of 346 %. 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 $1.33 to during February, and March.
When referring to the price in Hillcrest (suburbs), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $527. In November This price remains at $528. During the following two months (December, January) the price has had an average rise from $527.5 to $560. During the last two months the average price has fallen greatly compared to the previous four going from $543.75 to $268.5, which means a 49 % fall.