The rent prices in real estate in Ripley, 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 Ripley has had a strong fall during the last 6 months. In October, the average price per m² was $3.29. In the following month the price per m² fell considerably to $1.69. The price for the following two months in (December, January) had a considerable rise of 127 %. 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 $2.83 to during February, and March.
When referring to the price in Ripley (suburbs), this has fallen considerably in the last 6 months. The average price for October is $3,456. During November the price had a considerable fall till $1,620. During the following two months (December, January) the average price had a considerable rise of 135 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $2,980.25 to $265.5, which means a 9 % fall.