Property prices for sale in Sorell (Tasmania)

The price per m² in Sorell has had a strong decrease during the last 6 months. In November, the average price per m² was $1,311. In the following month the price per m² decreased considerably to $1,077. The price for the following two months in (January, February) had a considerable decrease of 70 with regard to the prior two months. The price per m² has had a considerable deflation of 82 % 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 $1,012.5 to $829.5 during March, and April.

Based upon to the price in Sorell (suburbs), these have remained the same in the last 6 months. In our first sample month during November, the average price is $482,813. In December This price remains at $488,250. In the following two months the average price has remained the same with regard to the previous two months from $485,531.5 to $504,855.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $495,193.5 and $498,081 between March and April.