Property prices for sale in George Town (Tasmania)
The prices in real estate in George Town, in the Tasmania region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per m² in George Town has fallen in the last 6 months. In October, the average price per m² was $441. In the following month the price per m² decreased to $409. In the following two months the price per m² has barely changed, going from $425 to $422.5 per m². The price per m² has decreased 86 % 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 $423.75 to $366.5 during February, and March.
Based upon to the price in George Town (suburbs), this has fallen considerably in the last 6 months. The average price for October is $410,408. During November the price had a slight fall till $380,808. During the following two months (December, January) the average price fell 92 % 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 $379,507.5 to $307,479, which means a 81 % fall.
