Property prices for sale in Glebe (Tasmania)

The prices in real estate in Glebe, 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.

$598,572.33
Average price last 6 months
$2,063.67
Price/m² last 6 months
Average price per m2

The price per m² in Glebe has increased strongly during the last 6 months. In October, the average price per m² was $1,298. In the following month the price per m² increased considerably to $1,579. The price for the following two months in (December, January) had a considerable increment of 234 %. The price per m² has had a considerable deflation of 58 % 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 $2,401 to $1,389 during February, and March.

Average price

Based upon to the price in Glebe (suburbs), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $452,617. In November This price remains at $474,462. During the following two months (December, January) the average price had a considerable increase of 140 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 123 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $420,760 they are 26 % more affordable than the average price for Glebe. The properties with the highest average price have 3 bedrooms, Their price is 66 % more costly than the average. After that we have properties with 2 bedrooms priced at $695,970.

With regard to the average price per m² , those properties with 1 bedroom are the most costly ones at a cost of $1,256 / m², with an average $987 / m² price in Glebe. The properties with the highest average prices have 3 bedrooms. They are 697 % more expensive than the average followed by properties with 4 bedrooms with a price at $7,827 / m².

Price per property type

The graph displaying the average prices displays the property type "Office" as the most costly one. At an cost of $420,760 it is 64 % more expensive than the average price in Glebe. "Apartment" is seen as the second dearest property type. The dearest property type is "Apartment" followed by "Office". At a price of $689,978 it is 65 % more expensive than the average price.

According to the average cost per m², the most expensive property type would be "Office" at an average cost of $7,763 / m² followed by "Apartment" priced at $7,827 / m². "Apartment" is the most costly type of property with a $7,827 / m² cost followed by "Office" with an average price of $7,763 / m².

Charts data
Average price March
Average price per m² March
Number of properties used in Glebe
Number of properties used in region Tasmania
$420,760
$987
112
66,198
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value