Property prices for sale in Romaine (Tasmania)
The prices in real estate in Romaine, in the Tasmania region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per m² in Romaine has fallen in the last 6 months. In November, the average price per m² was $637. In the following month the price per m² decreased to $568. The price for the following two months in (January, February) had a considerable increment of 121 %. The price per m² has had a considerable deflation of 74 % 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 $666.5 to $491.5 during March, and April.
Based upon to the price in Romaine (suburbs), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $496,310. In December This price remains at $486,826. During the following two months (January, February) the average price fell 91 % 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 $469,095.5 to $238,583.5, which means a 51 % fall.
