Property prices for sale in West Launceston (Tasmania)
The prices in real estate in West Launceston, 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 West Launceston has increased strongly during the last 6 months. In October, the average price per m² was $554. In the following month the price per m² increased to $614. In the following two months the price per m² has increased 112 %, going from $584 to $655.5 per m². The price per m² has had a considerable increase of 208 % 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 $619.75 to $1,286.5 during February, and March.
Based upon to the price in West Launceston (suburbs), this has gone up considerably in the last 6 months. The price in October is $501,318, rising in November till $537,649. During the following two months (December, January) the price has had an average incrementation from $519,483.5 to $593,763. Based on an analysis of the first four prices and the last two months the average price has risen strongly 120 % during the last two months.
