The rent prices in real estate in Lenah Valley, in the Tasmania region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per m² in Lenah Valley has risen during the last 6 months. In November, the average price per m² was $0.84. In December this price barely changed remaining at $0.84 per m². In the following two months the price per m² has practically remained the same, going from $0.84 to $0.87 per m². The price per m² has risen 114 % 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 $0.85 to $0.97 during March, and April.
When referring to the price in Lenah Valley (suburbs), this has fallen in the last 6 months. The average price for November is $591. During December the price had a slight fall till $540. In the following two months the average price has hardly changed with regard to the previous two months from $565.5 to $544.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $555 and $528.5 between March and April.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $515 they are 25 % more affordable than the average price for Lenah Valley . The properties with the highest average price have 4 bedrooms, Their price is 43 % more expensive than the average. After that we have properties with 3 bedrooms priced at $628.
With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of $0.63 / m², with an average $1 / m² price in Lenah Valley. The properties with the most expensive average prices have 1 bedroom. They are 27 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.03 / m².
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $515 it is 4 % more affordable than the average price in Lenah Valley. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "Apartment". At a price of $494 it is 2 % more affordable than the average price.
According to the average cost per m², the most affordable property is "House" at an average price of $0.95 / m² followed by "Apartment" priced at $1.11 / m². "Apartment" is the most expensive type of property with a $1.11 / m² value followed by "House" with an average price of $0.95 / m².