The prices in real estate in Waverley, in the Tasmania region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per m² in Waverley has fallen in the last 6 months. In October, the average price per m² was $491. In the following month the price per m² increased considerably to $611. In the following two months the price per m² has barely changed, going from $551 to $544 per m². The price per m² has had a considerable deflation of 50 % 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 $547.5 to $275.5 during February, and March.
Based upon to the price in Waverley (suburbs), this has fallen considerably in the last 6 months. The average price for October is $418,000. During November the price had a slight fall till $358,000. In the following two months the average price has remained the same with regard to the previous two months from $388,000 to $403,842. During the last two months the average price has had a strong fall compared to the previous four going from $395,921 to $196,981, which means a 50 % fall.