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1384.6 - Statistics - Tasmania, 2005  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 11/10/2005   
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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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