The rent prices in real estate in Wellington Point, 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 Wellington Point has risen strongly during the last 6 months. In September, the average price per m² was $0.7. In October this price barely changed remaining at $0.7 per m². In the following two months the price per m² has practically remained the same, going from $0.7 to $0.69 per m². The price per m² has had a considerable rise of 165 % 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 $0.69 to $1.14 during January, and February.
When referring to the price in Wellington Point (suburbs), this has risen in the last 6 months. In our first sample month during September, the average price is $728. In October This price remains at $720. In the following two months the average price has hardly changed with regard to the previous two months from $724 to $709. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 137 % during the last two months.