The prices in real estate in Cooee, 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 Cooee has increased strongly during the last 6 months. In November, the average price per m² was $520. In the following month the price per m² decreased to $479. The price for the following two months in (January, February) had a considerable increment of 1518 %. The price per m² has increased 105 % 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 $4,040.5 to $4,249 during March, and April.
Based upon to the price in Cooee (suburbs), this has fallen considerably in the last 6 months. The average price for November is $491,488. During December the price had a slight fall till $452,175. During the following two months (January, February) the average price had a considerable reduction of 64 % 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 $387,832.5 to $258,833.5, which means a 67 % fall.