The rent prices in real estate in St Lucia, 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 St Lucia has risen strongly during the last 6 months. In October, the average price per m² was $1.02. In November this price barely changed remaining at $1.06 per m². In the following two months the price per m² has practically remained the same, going from $1.04 to $1.03 per m². The price per m² has had a considerable rise of 271 % 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 $1.03 to $2.8 during February, and March.
When referring to the price in St Lucia (suburbs), this has fallen in the last 6 months. In our first sample month during October, the average price is $690. In November This price remains at $693. During the following two months (December, January) the average price had a considerable fall of 40 % 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 202 % during the last two months.