The prices in real estate in Austins Ferry, in the Tasmania region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per m² in Austins Ferry has increased strongly during the last 6 months. In November, the average price per m² was $707. In the following month the price per m² decreased to $641. In the following two months the price per m² has increased 113 %, going from $674 to $758.5 per m². The price per m² has had a considerable increase of 161 % 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 $716.25 to $1,150 during March, and April.
Based upon to the price in Austins Ferry (suburbs), these have remained the same in the last 6 months. In our first sample month during November, the average price is $503,866. In December This price remains at $488,578. During the following two months (January, February) the price has had an average incrementation from $496,222 to $556,862. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from $526,542 to $484,759 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $482,565 they are 48 % more affordable than the average price for Austins Ferry. The properties with the highest average price have 4 bedrooms, Their price is 32 % more costly than the average. After that we have properties with 3 bedrooms priced at $527,942.
With regard to the average price per m² , those properties with 3 bedrooms are the cheapest ones at a cost of $661 / m², with an average $1,633 / m² price in Austins Ferry. The properties with the lowest average prices have 2 bedrooms. They are 38 % cheaper than the average followed by properties with 4 bedrooms with a price at $915 / m².
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $482,565 it is 4 % cheaper than the average price in Austins Ferry. "Apartment" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "House". At a price of $463,898 it is 1 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "House" at an average cost of $580 / m² followed by "Apartment" priced at $901 / m². "Apartment" is the cheapest type of property with a $901 / m² value followed by "House" with an average price of $580 / m².