The rent prices in real estate in Glenorchy, in the Tasmania 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 Glenorchy has risen strongly during the last 6 months. In October, the average price per m² was $0.7. In November this price barely changed remaining at $0.7 per m². The price for the following two months in (December, January) had a considerable rise of 289 %. The price per m² has had a considerable fall of 63 % 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 $1.36 to $0.86 during February, and March.
When referring to the price in Glenorchy (suburbs), this has risen in the last 6 months. In our first sample month during October, the average price is $488. In November This price remains at $488. During the following two months (December, January) the price has had an average rise from $488 to $535.5. Based on an analysis of the first four prices and the last two months the average price has increased 105 % during the last two months.