Property prices for sale in Hobart (Tasmania)
The prices in real estate in Hobart, 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 Hobart has had a strong decrease during the last 6 months. In October, the average price per m² was $1,510. In the following month the price per m² decreased considerably to $1,050. In the following two months the price per m² has increased 106 %, going from $1,280 to $1,353.5 per m². 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 $1,316.75 to $1,328 during February y March
Based upon to the price in Hobart (suburbs), these have remained the same in the last 6 months. In our first sample month during October, the average price is $877,800. In November This price remains at $859,792. In the following two months the average price has remained the same with regard to the previous two months from $868,796 to $881,027.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $874,911.75 and $836,587 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $851,892 they are 48 % more affordable than the average price for Hobart. The properties with the highest average price have 4 bedrooms, Their price is 38 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,169,091.
With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of $1,055 / m², with an average $1,127 / m² price in Hobart. The properties with the highest average prices have 1 bedroom. They are 33 % more expensive than the average followed by properties with 3 bedrooms with a price at $1,254 / m².
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $851,892 it is 10 % cheaper than the average price in Hobart. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $766,000 it is 10 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "House" at an average cost of $833 / m² followed by "Condo" priced at $1,420 / m². "Condo" is the most costly type of property with a $1,420 / m² cost followed by "House" with an average price of $833 / m².
