Property prices for sale in Mount Stuart (Tasmania)
The prices in real estate in Mount Stuart, 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 Mount Stuart has increased strongly during the last 6 months. In November, the average price per m² was $1,336. In the following month the price per m² decreased considerably to $1,068. The price for the following two months in (January, February) had a considerable increment of 268 %. The price per m² has had a considerable deflation of 71 % 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 $2,211.75 to $1,567.5 during March, and April.
Based upon to the price in Mount Stuart (suburbs), this has gone downing the last 6 months. In our first sample month during November, the average price is $974,750. In December This price remains at $983,750. During the following two months (January, February) the average price had a considerable increase of 129 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $1,119,416.75 to $547,812.5, which means a 49 % fall.
