The prices in real estate in Eaglehawk Neck, in the Tasmania region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per m² in Eaglehawk Neck has increased during the last 6 months. In October, the average price per m² was $1,034. In November this price pretty much remained the same at a value of $1,022 per m². The price for the following two months in (December, January) had a considerable increment of 226 %. The price per m² has had a considerable deflation of 8 % 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 $1,677.25 to $129.5 during February, and March.
Based upon to the price in Eaglehawk Neck (suburbs), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $575,130. In November This price remains at $573,000. During the following two months (December, January) the average price fell 86 % 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 $532,659.5 to $247,166.5, which means a 46 % fall.