The prices in real estate in Upper Burnie, in the Tasmania region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per m² in Upper Burnie has remained the same in the last 6 months. In November, the average price per m² was $489. In December this price pretty much remained the same at a value of $510 per m². The price for the following two months in (January, February) had a considerable increment of 135 %. The price per m² has had a considerable deflation of 46 % 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 $587.75 to $269.5 during March, and April.
Based upon to the price in Upper Burnie (suburbs), this has gone downing the last 6 months. The price in November is $386,143, rising in December till $408,531. In the following two months the average price has remained the same with regard to the previous two months from $397,337 to $416,366.5. During the last two months the average price has had a strong fall compared to the previous four going from $406,851.75 to $208,500, which means a 51 % fall.