The prices in real estate in Judbury, 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 Judbury has fallen in the last 6 months. In November, the average price per m² was $908. In the following month the price per m² increased considerably to $1,783. The price for the following two months in (January, February) had a considerable decrease of 69 with regard to the prior two months. The price per m² has had a considerable deflation of 10 % 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 $1,136.5 to $115.5 during March, and April.
Based upon to the price in Judbury (suburbs), this has fallen considerably in the last 6 months. The average price for November is $564,833. During December the price had a considerable reduction till $461,571. 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 $400,551 to $304,833.5, which means a 76 % fall.