Property prices for sale in Lenah Valley (Tasmania)
The prices in real estate in Lenah Valley, 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 Lenah Valley has increased strongly during the last 6 months. In November, the average price per m² was $746. In December this price pretty much remained the same at a value of $773 per m². The price for the following two months in (January, February) had a considerable increment of 160 %. The price per m² has had a considerable increase of 179 % 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 $987.5 to $1,768.5 during March, and April.
Based upon to the price in Lenah Valley (suburbs), these have remained the same in the last 6 months. In our first sample month during November, the average price is $655,197. In December This price remains at $645,003. In the following two months the average price has remained the same with regard to the previous two months from $650,100 to $679,282. 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 $664,691 and $680,961.5 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $694,231 they are 55 % more affordable than the average price for Lenah Valley. The properties with the highest average price have 4 bedrooms, Their price is 24 % more costly than the average. After that we have properties with 3 bedrooms priced at $754,564.
With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of $801 / m², with an average $2,727 / m² price in Lenah Valley. The properties with the lowest average prices have 1 bedroom. They are 63 % cheaper than the average followed by properties with 2 bedrooms with a price at $996 / m².
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $694,231 it is 12 % cheaper than the average price in Lenah Valley. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $607,910 it is 3 % more affordable than the average price.
According to the average cost per m², the cheapest property type is "House" at an average cost of $735 / m² followed by "Apartment" priced at $902 / m². "Apartment" is the cheapest type of property with a $902 / m² value followed by "House" with an average price of $735 / m².
