Property prices for sale in Oakdowns (Tasmania)
The prices in real estate in Oakdowns, 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 Oakdowns has increased strongly during the last 6 months. In November, the average price per m² was $977. In the following month the price per m² decreased to $925. The price for the following two months in (January, February) had a considerable increment of 316 %. The price per m² has had a considerable deflation of 57 % 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 $1,976.75 to $1,128.5 during March, and April.
Based upon to the price in Oakdowns (suburbs), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $633,125. In December This price remains at $620,714. During the following two months (January, February) the average price fell 87 % 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 $585,605.5 to $303,000, which means a 52 % fall.
