Property prices for sale in Zeehan (Tasmania)
The prices in real estate in Zeehan, in the Tasmania region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per m² in Zeehan has had a strong decrease during the last 6 months. In November, the average price per m² was $202. In December this price pretty much remained the same at a value of $206 per m². The price for the following two months in (January, February) decreased 94 % with regard to the prior two months. The price per m² has had a considerable deflation of 52 % 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 $198.25 to $103 during March, and April.
Based upon to the price in Zeehan (suburbs), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $173,286. In December This price remains at $176,409. During the following two months (January, February) the average price fell 94 % 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 $169,344 to $87,323.5, which means a 52 % fall.
