The rent prices in real estate in Kanimbla, 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 Kanimbla has had a strong fall during the last 6 months. In November, the average price per m² was $0.46. In December this price barely changed remaining at $0.46 per m². In the following two months the price per m² has risen 109 %, going from $0.46 to $0.5 per m². 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 $0.48 to during March, and April.
When referring to the price in Kanimbla (suburbs), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $447. In December This price remains at $447. During the following two months (January, February) the average price had a considerable fall of 56 % 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 $349.75 to , which means a 0 % fall.