The rent prices in real estate in Smithton, in the Tasmania region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per m² in Smithton has risen strongly during the last 6 months. In October, the average price per m² was $0.36. In November this price barely changed remaining at $0.36 per m². The price for the following two months in (December, January) had a considerable rise of 2674 %. The price per m² has had a considerable rise of 249 % 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 $4.99 to $12.43 during February, and March.
When referring to the price in Smithton (suburbs), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $2,247. In November This price remains at $2,247. During the following two months (December, January) the average price had a considerable fall of 54 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $1,734.5 to $579.5, which means a 33 % fall.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 63 % more affordable than the average price of $233 in Smithton. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 63 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 97 % more affordable than the average price of ($0.8 / m²) in Smithton. Properties with the most affordable price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 97 % more affordable than the average value aforementioned.