The rent prices in real estate in Berriedale, 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 Berriedale has had a strong fall during the last 6 months. In November, the average price per m² was $14. In December this price barely changed remaining at $14 per m². In the following two months the price per m² has practically remained the same, going from $14 to $14 per m². The price per m² has had a considerable fall of 62 % 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 $14 to $8.7 during March, and April.
When referring to the price in Berriedale (suburbs), this has fallen in the last 6 months. In our first sample month during November, the average price is $1,849. In December This price remains at $1,849. In the following two months the average price has hardly changed with regard to the previous two months from $1,849 to $1,849. During the last two months the average price has fallen greatly compared to the previous four going from $1,849 to $1,157.5, which means a 63 % fall.