Property prices for sale in Bagdad (Tasmania)
The prices in real estate in Bagdad, 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 Bagdad has increased strongly during the last 6 months. In November, the average price per m² was $2,466. In the following month the price per m² decreased to $2,249. The price for the following two months in (January, February) had a considerable decrease of 84 with regard to the prior two months. The price per m² has had a considerable increase of 376 % 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 $2,169.5 to $8,150.5 during March, and April.
Based upon to the price in Bagdad (suburbs), this has gone downing the last 6 months. In our first sample month during November, the average price is $389,600. In December This price remains at $385,400. During the following two months (January, February) the price has had an average incrementation from $387,500 to $424,078. During the last two months the average price has had a strong fall compared to the previous four going from $405,789 to $279,416.5, which means a 69 % fall.
