The rent prices in real estate in Ormiston, 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 Ormiston has had a strong fall during the last 6 months. In November, the average price per m² was $0.89. In the following month the price per m² fell considerably to $0.69. The price for the following two months in (January, February) fell 90 % with regard to the previous two months. The price per m² has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $0.75 to $0.73 during March y April
When referring to the price in Ormiston (suburbs), this has risen considerably in the last 6 months. The average price during our first sample month during November, is $555. During December the price went through a considerable rise reaching $656. During the following two months (January, February) the average price had a considerable rise of 122 % 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 114 % during the last two months.