Property prices for sale in Somerset (Tasmania)
The prices in real estate in Somerset, 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 Somerset has increased strongly during the last 6 months. In October, the average price per m² was $424. In November this price pretty much remained the same at a value of $442 per m². The price for the following two months in (December, January) had a considerable increment of 121 %. The price per m² has had a considerable increase of 126 % 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 $479 to $603.5 during February, and March.
Based upon to the price in Somerset (suburbs), this has gone up in the last 6 months. In our first sample month during October, the average price is $412,292. In November This price remains at $405,398. In the following two months the average price has remained the same with regard to the previous two months from $408,845 to $391,201.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 129 % during the last two months.
