Property prices for sale in South Arm (Tasmania)
The prices in real estate in South Arm, 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 South Arm has increased strongly during the last 6 months. In November, the average price per m² was $1,517. In the following month the price per m² decreased considerably to $1,100. The price for the following two months in (January, February) had a considerable increment of 344 %. The price per m² has had a considerable increase of 131 % 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 $2,906.25 to $3,797 during March, and April.
Based upon to the price in South Arm (suburbs), these have remained the same in the last 6 months. The average price for November is $634,214. During December the price had a slight fall till $568,667. During the following two months (January, February) the average price had a considerable increase of 124 % 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 $673,532.75 to $477,375, which means a 71 % fall.
