Property prices for rent in Tennant Creek (Northern Territory)
The rent prices in real estate in Tennant Creek, in the Northern Territory 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 Tennant Creek has risen strongly during the last 6 months. In November, the average price per m² was $0.77. In the following month the price per m² rose considerably to $0.95. 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 rise of 819 % 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 $0.43 to $3.52 during March, and April.
When referring to the price in Tennant Creek (suburbs), this has risen considerably in the last 6 months. The average price during our first sample month during November, is $369. During December the price went through a considerable rise reaching $8,912. During the following two months (January, February) the average price had a considerable fall of 8 % 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 $2,506.25 to $649, which means a 26 % fall.
