The rent prices in real estate in Moonah, 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 Moonah has had a strong fall during the last 6 months. In October, the average price per m² was $2.22. In the following month the price per m² fell to $2. In the following two months the price per m² has practically remained the same, going from $2.11 to $2.06 per m². The price per m² has had a considerable fall of 72 % 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 $2.09 to $1.51 during February, and March.
When referring to the price in Moonah (suburbs), this has risen in the last 6 months. In our first sample month during October, the average price is $517. In November This price remains at $516. During the following two months (December, January) the price has had an average rise from $516.5 to $571.5. Based on an analysis of the first four prices and the last two months the average price has increased 106 % during the last two months.