The rent prices in real estate in Greens Beach, 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 Greens Beach has had a strong fall during the last 6 months. In November, the average price per m² was $1.13. In the following month the price per m² fell to $1. The price for the following two months in (January, February) fell 94 % with regard to the previous two months. The price per m² has had a considerable fall of 48 % 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 $1.03 to $0.5 during March, and April.
When referring to the price in Greens Beach (suburbs), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $370. In December This price remains at $369. In the following two months the average price has hardly changed with regard to the previous two months from $369.5 to $369. During the last two months the average price has fallen greatly compared to the previous four going from $369.25 to $184.5, which means a 50 % fall.