The prices in real estate in Park Grove, in the Tasmania region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per m² in Park Grove has increased during the last 6 months. In September, the average price per m² was $533. In October this price pretty much remained the same at a value of $550 per m². In the following two months the price per m² has barely changed, going from $541.5 to $549.5 per m². The price per m² has had a considerable increase of 122 % 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 $545.5 to $664.5 during January, and February.
Based upon to the price in Park Grove (suburbs), these have remained the same in the last 6 months. In our first sample month during September, the average price is $505,455. In October This price remains at $495,195. In the following two months the average price has remained the same with regard to the previous two months from $500,325 to $510,616. Based on an analysis of the first four prices and the last two months the average price has gone up 111 % during the last two months.