Property prices for sale in Prospect Vale (Tasmania)
The prices in real estate in Prospect Vale, 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 Prospect Vale has increased strongly during the last 6 months. In November, the average price per m² was $680. In the following month the price per m² increased considerably to $924. The price for the following two months in (January, February) had a considerable increment of 144 %. The price per m² has had a considerable deflation of 63 % 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 $977 to $614 during March, and April.
Based upon to the price in Prospect Vale (suburbs), this has gone downing the last 6 months. The average price during our first sample month during November, is $486,008. During December the price went through a considerable rise reaching $561,013. In the following two months the average price has remained the same with regard to the previous two months from $523,510.5 to $546,111.5. During the last two months the average price has had a strong fall compared to the previous four going from $534,811 to $227,964.5, which means a 43 % fall.
