The rent prices in real estate in Moranbah, in the Queensland region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per m² in Moranbah has fallen during the last 6 months. In November, the average price per m² was $2.12. In the following month the price per m² rose considerably to $2.65. The price for the following two months in (January, February) had a considerable fall of 83 with regard to the previous two months. The price per m² has had a considerable fall of 72 % 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 $2.18 to $1.57 during March, and April.
When referring to the price in Moranbah (suburbs), this has risen considerably in the last 6 months. The average price during our first sample month during November, is $1,015. During December the price went through a considerable rise reaching $1,477. During the following two months (January, February) the average price had a considerable fall of 81 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has increased 113 % during the last two months.