Property prices for sale in Lutana (Tasmania)

The prices in real estate in Lutana, 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.

$545,007.33
Average price last 6 months
$1,665.67
Price/m² last 6 months
Average price per m2

The price per m² in Lutana has had a strong decrease during the last 6 months. In November, the average price per m² was $3,150. In the following month the price per m² decreased considerably to $1,532. The price for the following two months in (January, February) had a considerable decrease of 34 with regard to the prior two months. The price per m² has had a considerable increase of 119 % 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 $1,567.5 to $1,862 during March, and April.

Average price

Based upon to the price in Lutana (suburbs), this has gone downing the last 6 months. In our first sample month during November, the average price is $576,250. In December This price remains at $580,238. In the following two months the average price has remained the same with regard to the previous two months from $578,244 to $554,819.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 89 %, going from $566,531.75 to $501,958.5 in March and April.

Charts data
Average price April
Average price per m² April
Number of properties used in Lutana
Number of properties used in region Tasmania
$538,625
$2,978
196
54,714
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
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