The prices in real estate in Kingston Beach, 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.
The price per m² in Kingston Beach has increased strongly during the last 6 months. In November, the average price per m² was $1,290. In December this price pretty much remained the same at a value of $1,324 per m². The price for the following two months in (January, February) had a considerable increment of 154 %. The price per m² has had a considerable increase of 197 % 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 $1,660 to $3,272.5 during March, and April.
Based upon to the price in Kingston Beach (suburbs), this has gone up considerably in the last 6 months. In our first sample month during November, the average price is $1,035,600. In December This price remains at $1,065,000. In the following two months the average price has remained the same with regard to the previous two months from $1,050,300 to $1,030,665.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 145 % during the last two months.