Property prices for sale in Bellerive (Tasmania)
The prices in real estate in Bellerive, 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 Bellerive has increased strongly during the last 6 months. In November, the average price per m² was $1,559. In the following month the price per m² increased to $1,758. The price for the following two months in (January, February) had a considerable increment of 231 %. The price per m² has had a considerable deflation of 68 % 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 $2,748.75 to $1,881.5 during March, and April.
Based upon to the price in Bellerive (suburbs), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $786,727. In December This price remains at $769,912. During the following two months (January, February) the price has had an average incrementation from $778,319.5 to $854,223. During the last two months the average price has had a strong fall compared to the previous four going from $816,271.25 to $420,321.5, which means a 51 % fall.
