The rent prices in real estate in Newport, 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 Newport has had a strong fall during the last 6 months. In November, the average price per m² was $0.86. In the following month the price per m² fell considerably to $0.64. The price for the following two months in (January, February) had a considerable fall of 0 with regard to the previous two months. 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 $0.38 to during March, and April.
When referring to the price in Newport (suburbs), this has fallen considerably in the last 6 months. The average price for November is $1,030. During December the price had a considerable fall till $703. During the following two months (January, February) the average price had a considerable fall of 0 % 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 had a strong increase of 234 % during the last two months.