The prices in real estate in Lindisfarne, 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 Lindisfarne has increased strongly during the last 6 months. In October, the average price per m² was $716. In the following month the price per m² increased to $767. The price for the following two months in (December, January) had a considerable increment of 199 %. The price per m² has had a considerable increase of 117 % 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 $1,109.5 to $1,297.5 during February, and March.
Based upon to the price in Lindisfarne (suburbs), this has gone downing the last 6 months. In our first sample month during October, the average price is $664,033. In November This price remains at $660,296. During the following two months (December, January) the price has had an average incrementation from $662,164.5 to $707,276.5. During the last two months the average price has had a strong fall compared to the previous four going from $684,720.5 to $407,300, which means a 59 % fall.