Property prices for sale in Beauty Point (Tasmania)
The prices in real estate in Beauty Point, in the Tasmania region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per m² in Beauty Point has had a strong decrease during the last 6 months. In October, the average price per m² was $540. In November this price pretty much remained the same at a value of $546 per m². In the following two months the price per m² has barely changed, going from $543 to $568.5 per m². The price per m² has had a considerable deflation of 50 % 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 $555.75 to $278 during February, and March.
Based upon to the price in Beauty Point (suburbs), this has fallen considerably in the last 6 months. The price in October is $470,600, rising in November till $497,625. During the following two months (December, January) the average price fell 93 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $467,996.25 to $213,970.5, which means a 46 % fall.
