The rent prices in real estate in Sandstone Point, 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 Sandstone Point has had a strong fall during the last 6 months. In October, the average price per m² was $2.5. In the following month the price per m² rose considerably to $3. The price for the following two months in (December, January) had a considerable fall of 55 with regard to the previous two months. The price per m² has had a considerable fall of 71 % 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 $2.12 to $1.5 during February, and March.
When referring to the price in Sandstone Point (suburbs), this has fallen in the last 6 months. The average price during our first sample month during October, is $1,505. During November the price went through a considerable rise reaching $2,254. During the following two months (December, January) the average price had a considerable fall of 60 % 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 $1,503.25 to $1,127, which means a 75 % fall.