The rent prices in real estate in Kedron, 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 Kedron has had a strong fall during the last 6 months. In October, the average price per m² was $0.85. In November this price barely changed remaining at $0.86 per m². In the following two months the price per m² has risen 106 %, going from $0.86 to $0.91 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 $0.88 to during February, and March.
When referring to the price in Kedron (suburbs), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $673. In November This price remains at $657. In the following two months the average price has hardly changed with regard to the previous two months from $665 to $693.5. During the last two months the average price has fallen greatly compared to the previous four going from $679.25 to $351, which means a 52 % fall.