The rent prices in real estate in Redland Bay, 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 Redland Bay has risen strongly during the last 6 months. In September, the average price per m² was $0.6. In the following month the price per m² rose considerably to $1.68. The price for the following two months in (November, December) had a considerable fall of 53 with regard to the previous two months. The price per m² has risen 109 % 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 $0.87 to $0.94 during January, and February.
When referring to the price in Redland Bay (suburbs), there have hardly been any changes in the last 6 months. In our first sample month during September, the average price is $613. In October This price remains at $614. In the following two months the average price has hardly changed with regard to the previous two months from $613.5 to $613.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $613.5 and $629.5 between January and February.