Property prices for rent in Tasmania region

The average rent price in the Tasmania region has had a strong fall in recent months. There has been a strong fall in the rent prices in this region.

$501
Average price last 6 months
$1.02
Price/m² last 6 months
Average price per m2

The price per m² in Tasmania has fallen considerably in the last 6 months. During October, the average price per m² was $1.37. The following month (November) the price had a considerable rise reaching $1.6 per m². The following two months (December, January) went through a considerable fall of 53 % in the rent price per m² with regard to the previous two. In the last two months, the price per m² has had a significant fall of 69 %. This has been obtained by comparing the price of $1.13 for the first four months of the sample with regard to the previous 4 months and the price of $0.79 per m² for the last two months (February, March).

Average price

When referring to the price in Tasmania(region), there have hardly been any changes in the last 6 months. In the first month sample October the average price is $485. In November the price remains at $495. In the following two months the average price practically remained the same compared to the previous two going from $490 to $484. During the last two months the price has gone up 109 % compared to the previous average values going from $487 a $529 in February y March.

Average price per bedrooms

The graph displaying the the average rent price per number of bedrooms shows that those with 1 bedroom are the most affordable ones. They are 31 % cheaper than the average price in Tasmania followed by those with 2 with an average price of $505. The most expensive properties have 4 bedrooms. They are 18 % more expensive than the average followed by those properties with 3 bedrooms priced at $533.

Based on the average price per m² those properties with 3 bedrooms are the most affordable ones with a price of $0.66 / m² being $0.82 / m² the average for Tasmania. The properties with the highest average price are those with 1 bedroom. These are 51 % more expensive than the average followed by those with 2 bedrooms with a price of $1.03 / m².

Price per property type

The graph displaying the average rent price according to the property type shows "" as the most affordable one. With an average cost of $555 it is 40 % cheaper than the average in Tasmania. This is followed by "Apartment" with a cost of $478. The most expensive property type is "Warehouse" and is 6491 % more costly than the average, followed by "Retail" with a cost of $18,905.

Based upon the average cost per m² the most affordable property type is "House with a an average price of $0.67 / m², followed by "Apartment" with a price of $1.09 / m². "Retail" with an average price of $175 / m² is the most expensive type of property followed by "Warehouse" at a price of $73 / m².

Charts data
Average price March
Average price per m² March
Number of properties used in region Tasmania
$555
$0.82
25,468
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value