The rent prices in real estate in Beauty Point, in the Tasmania region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per m² in Beauty Point has had a strong fall during the last 6 months. In September, the average price per m² was $10.49. In October this price barely changed remaining at $10.49 per m². In the following two months the price per m² has practically remained the same, going from $10.49 to $10.47 per m². The price per m² has had a considerable fall of 8 % 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 $10.48 to $0.83 during January, and February.
When referring to the price in Beauty Point (suburbs), this has fallen considerably in the last 6 months. In our first sample month during September, the average price is $8,700. In October This price remains at $8,700. In the following two months the average price has hardly changed with regard to the previous two months from $8,700 to $8,716.5. During the last two months the average price has fallen greatly compared to the previous four going from $8,708.25 to $411, which means a 5 % fall.