The rent prices in real estate in Teneriffe, 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 Teneriffe has risen strongly during the last 6 months. In October, the average price per m² was $1.49. In November this price barely changed remaining at $1.49 per m². The price for the following two months in (December, January) had a considerable rise of 427 %. The price per m² has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $3.93 to $3.94 during February y March
When referring to the price in Teneriffe (suburbs), this has fallen in the last 6 months. In our first sample month during October, the average price is $955. In November This price remains at $963. During the following two months (December, January) the average price had a considerable rise of 117 % 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 $1,040 to $479, which means a 46 % fall.