The rent prices in real estate in Urangan, 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 Urangan has risen strongly during the last 6 months. In October, the average price per m² was $0.66. In November this price barely changed remaining at $0.66 per m². The price for the following two months in (December, January) had a considerable fall of 50 with regard to the previous two months. The price per m² has had a considerable rise of 337 % 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 $0.5 to $1.67 during February, and March.
When referring to the price in Urangan (suburbs), this has risen in the last 6 months. In our first sample month during October, the average price is $516. In November This price remains at $516. In the following two months the average price has hardly changed with regard to the previous two months from $516 to $517.5. Based on an analysis of the first four prices and the last two months the average price has increased 113 % during the last two months.