Property prices for sale in Grindelwald (Tasmania)
The prices in real estate in Grindelwald, in the Tasmania region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per m² in Grindelwald has had a strong decrease during the last 6 months. In November, the average price per m² was $740. In the following month the price per m² decreased to $649. The price for the following two months in (January, February) had a considerable decrease of 39 with regard to the prior two months. The price per m² has had a considerable increase of 120 % 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 $483 to $578.5 during March, and April.
Based upon to the price in Grindelwald (suburbs), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $664,357. In December This price remains at $688,667. During the following two months (January, February) the average price had a considerable reduction of 56 % 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 $528,245 to $401,357, which means a 76 % fall.
