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There were 6,620 non-residential property sales in Tasmania in 2003-04. Of these, sales of vacant property constituted the largest proportion (4,937 or 74.6%), followed by commercial property (738 or 11.1%).
In 2003-04, sales of commercial property had the highest mean sales price of non-residential property, $539,165. This compared to the mean sale price for all non-residential property, $146,877 and for all property, $169,462.
NON-RESIDENTIAL PROPERTY SALES, Tasmania
|
 | 2001-02
| | 2002-03
| | 2003-04
|
| | Mean sale
price | | | Mean sales
price | | | Mean sales
price |
| | | | | | | | |
| Land use type | no. | $ | | no. | $ | | no. | $ |
|
| Commercial | 428 | 260,102 | | 676 | 317,543 | | 738 | 539,165 |
| Industrial | 144 | 235,904 | | 192 | 216,297 | | 218 | 280,929 |
| Primary production | 553 | 230,680 | | 672 | 225,844 | | 618 | 261,886 |
| Public services/institutional/utility | 46 | 412,777 | | 77 | 168,625 | | 76 | 286,239 |
| Quarrying and mining | 11 | 70,614 | | 4 | 41,250 | | 7 | 110,059 |
| Sporting facility/recreational | 12 | 216,267 | | 23 | 141,555 | | 26 | 195,115 |
| Vacant | 1,914 | 40,846 | | 4,407 | 45,172 | | 4,937 | 65,573 |
| Total non-residential | 3,108 | 120,141 | | 6,051 | 103,030 | | 6,620 | 146,877 |
| | | | | | | | |
| Total all property | 19,199 | 106,674 | | 25,893 | 119,237 | | 22,954 | 169,462 |
Source: Information and Land Services Division, Department of Primary Industries, Water and Environment. |
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