Property prices for rent in Montello (Tasmania)
The rent prices in real estate in Montello, 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 Montello has had a strong fall during the last 6 months. In November, the average price per m² was $0.58. In December this price barely changed remaining at $0.59 per m². The price for the following two months in (January, February) had a considerable fall of 0 with regard to the previous two months. The price per m² has had a considerable fall of 0 % 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 $0.29 to during March, and April.
When referring to the price in Montello (suburbs), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $343. In December This price remains at $345. In the following two months the average price has hardly changed with regard to the previous two months from $344 to $342. During the last two months the average price has fallen greatly compared to the previous four going from $343 to $171, which means a 50 % fall.
