The rent prices in real estate in Newstead, in the Queensland region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per m² in Newstead has risen during the last 6 months. In October, the average price per m² was $9.49. In November this price barely changed remaining at $9.48 per m². In the following two months the price per m² has practically remained the same, going from $9.48 to $9.56 per m². The price per m² has risen 115 % 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 $9.52 to $10.94 during February, and March.
When referring to the price in Newstead (suburbs), this has risen in the last 6 months. The rent price in October is $943, rising in November till $1,008. In the following two months the average price has hardly changed with regard to the previous two months from $975.5 to $958.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 121 % during the last two months.