The rent prices in real estate in Prospect Vale, 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 Prospect Vale has had a strong fall during the last 6 months. In November, the average price per m² was $0.83. In the following month the price per m² fell considerably to . 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 $0.21 to during March, and April.
When referring to the price in Prospect Vale (suburbs), this has fallen considerably in the last 6 months. The average price for November is $460. During December the price had a slight fall till $436. In the following two months the average price has hardly changed with regard to the previous two months from $448 to $436. During the last two months the average price has fallen greatly compared to the previous four going from $442 to $218, which means a 49 % fall.