Property prices for sale in Smithton (Tasmania)
The prices in real estate in Smithton, 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 Smithton has increased strongly during the last 6 months. In October, the average price per m² was $379. In November this price pretty much remained the same at a value of $390 per m². In the following two months the price per m² has increased 111 %, going from $384.5 to $425 per m². The price per m² has had a considerable increase of 119 % 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 $404.75 to $480.5 during February, and March.
Based upon to the price in Smithton (suburbs), this has gone up in the last 6 months. In our first sample month during October, the average price is $350,313. In November This price remains at $345,852. During the following two months (December, January) the price has had an average incrementation from $348,082.5 to $390,028.5. Based on an analysis of the first four prices and the last two months the average price has gone up 107 % during the last two months.
