The prices in real estate in Shearwater, 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 Shearwater has increased strongly during the last 6 months. In October, the average price per m² was $868. In November this price pretty much remained the same at a value of $910 per m². The price for the following two months in (December, January) had a considerable increment of 122 %. The price per m² has had a considerable increase of 123 % 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 $988.5 to $1,211 during February, and March.
Based upon to the price in Shearwater (suburbs), this has gone up in the last 6 months. In our first sample month during October, the average price is $666,660. In November This price remains at $667,068. During the following two months (December, January) the price has had an average incrementation from $666,864 to $702,470.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 117 % during the last two months.