Property prices for sale in Geilston Bay (Tasmania)

The price per m² in Geilston Bay has had a strong decrease during the last 6 months. In November, the average price per m² was $2,389. In the following month the price per m² decreased considerably to $1,781. The price for the following two months in (January, February) had a considerable decrease of 54 with regard to the prior two months. The price per m² has barely changed in the last two months compared to the average price of the previous four months going from an average price of $1,603.5 to $1,645.5 during March y April

Based upon to the price in Geilston Bay (suburbs), these have remained the same in the last 6 months. In our first sample month during November, the average price is $673,214. In December This price remains at $665,391. In the following two months the average price has remained the same with regard to the previous two months from $669,302.5 to $678,842.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 89 %, going from $674,072.5 to $598,432 in March and April.