Property prices for sale in Lulworth (Tasmania)
The prices in real estate in Lulworth, 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 Lulworth has had a strong decrease during the last 6 months. In November, the average price per m² was $573. In the following month the price per m² increased to $622. The price for the following two months in (January, February) decreased 93 % with regard to the prior two months. The price per m² has had a considerable deflation of 40 % 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 $577 to $233.5 during March, and April.
Based upon to the price in Lulworth (suburbs), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $511,028. In December This price remains at $533,929. During the following two months (January, February) the price has had an average incrementation from $522,478.5 to $560,800. During the last two months the average price has had a strong fall compared to the previous four going from $541,639.25 to $246,109.5, which means a 45 % fall.
