RTA data shows median rent for a 3 bedroom house in Gladstone dropped from $440 per week in the September quarter 2013 to $320 per week a year later, a 27% drop.Over the same period weekly median rent for a 2 bedroom unit in Gladstone fell from $370 to $250.
In Mackay, the median weekly rent for a 3 bedroom house was $350 per week in the September quarter this year, down from $400 per week in the same quarter last year.Weekly rent for a 2 bedroom unit in Mackay fell from $320 per week in the September quarter 2013 to $260 per week in the September quarter 2014.
Mount Isa also saw median rents fall, dropping from $550 in September 2013 to $480 in September 2014.Meanwhile, median rents in Brisbane remained stable year on year, increasing from $410 to $415 for a 3 bedroom house and rising from $395 to $400 for a 2 bedroom unit.
Gold Coast also saw slight increases, with 3 bedroom house rents increasing from $410 (September quarter 2013) to $430 (September quarter 2014) and 2 bedroom unit rents rising from $350 to $360 over the same period.
This means that you get the 'real' valuation of your real estate with no hidden agendas.