The rent prices in real estate in Kippa-ring, 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 Kippa-ring has risen strongly during the last 6 months. In October, the average price per m² was $0.63. In the following month the price per m² rose considerably to $0.78. The price for the following two months in (December, January) had a considerable rise of 208 %. The price per m² has had a considerable fall of 62 % 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 $1.09 to $0.68 during February, and March.
When referring to the price in Kippa-ring (suburbs), this has risen considerably in the last 6 months. In our first sample month during October, the average price is $452. In November This price remains at $469. During the following two months (December, January) the average price had a considerable rise of 163 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 90 %, going from $605 to $544 in February and March.