The rent prices in real estate in Kelvin Grove, 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 Kelvin Grove has had a strong fall during the last 6 months. In October, the average price per m² was $0.97. In November this price barely changed remaining at $1.01 per m². The price for the following two months in (December, January) had a considerable rise of 122 %. 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 $1.1 to during February, and March.
When referring to the price in Kelvin Grove (suburbs), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $569. In November This price remains at $583. In the following two months the average price has hardly changed with regard to the previous two months from $576 to $595.5. During the last two months the average price has fallen greatly compared to the previous four going from $585.75 to , which means a 0 % fall.