The rent prices in real estate in St George, 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 St George has had a strong fall during the last 6 months. In September, the average price per m² was $0.48. In the following month the price per m² fell considerably to $0.38. The price for the following two months in (November, December) fell 88 % with regard to the previous two months. 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 $0.41 to during January, and February.
When referring to the price in St George (suburbs), this has fallen in the last 6 months. The average price for September is $310. During October the price had a slight fall till $268. During the following two months (November, December) the average price fell 85 % 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 had a strong increase of 115 % during the last two months.