The rent prices in real estate in Bonnievale, in the Western Cape region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per m² in Bonnievale has risen strongly during the last 6 months. In November, the average price per m² was R 40,54. In the following month the price per m² fell to R 35. The price for the following two months in (January, February) had a considerable rise of 137 %. The price per m² has risen 111 % 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 R 44,78 to R 49,77 during March, and April.
When referring to the price in Bonnievale (cities & towns), this has risen considerably in the last 6 months. The average price during our first sample month during November, is R 7 600. During December the price went through a considerable rise reaching R 9 803. In the following two months the average price has hardly changed with regard to the previous two months from R 8 701,5 to R 8 910,5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 92 %, going from R 8 806 to R 8 114,5 in March and April.
The graph showing the average price for bedrooms displays the property with the most affordable price has 2 bedrooms. It is 34 % more affordable than the average price of R 5 737 in Bonnievale. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 21 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 2 bedrooms are 23 % more affordable than the average price of (R 46 / m²) in Bonnievale. Properties with the most expensive price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 11338 % more expensive than the average value aforementioned.