The prices in real estate in Nubeena, 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 Nubeena has increased strongly during the last 6 months. In November, the average price per m² was $369. In the following month the price per m² increased to $399. The price for the following two months in (January, February) had a considerable increment of 129 %. The price per m² has had a considerable increase of 209 % 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 $439.5 to $919 during March, and April.
Based upon to the price in Nubeena (suburbs), this has gone up considerably in the last 6 months. The price in November is $332,761, rising in December till $352,878. During the following two months (January, February) the average price had a considerable increase of 140 % 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 $410,882 to $304,530.5, which means a 74 % fall.