The prices in real estate in Swansea, 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 Swansea has increased strongly during the last 6 months. In October, the average price per m² was $342. In the following month the price per m² increased considerably to $498. The price for the following two months in (December, January) had a considerable increment of 205 %. The price per m² has had a considerable increase of 249 % 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 $641.5 to $1,597 during February, and March.
Based upon to the price in Swansea (suburbs), this has gone up considerably in the last 6 months. The price in October is $381,086, rising in November till $414,526. During the following two months (December, January) the average price had a considerable increase of 118 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 139 % during the last two months.