The rent prices in real estate in Bronkhorstspruit, in the Gauteng 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 Bronkhorstspruit has risen strongly during the last 6 months. In September, the average price per m² was R 112,78. In the following month the price per m² fell to R 96,32. The price for the following two months in (November, December) had a considerable rise of 126 %. The price per m² has had a considerable rise of 132 % 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 118,23 to R 155,59 during January, and February.
When referring to the price in Bronkhorstspruit (cities & towns), this has risen considerably in the last 6 months. In our first sample month during September, the average price is R 11 100. In October This price remains at R 10 907. During the following two months (November, December) the average price had a considerable rise of 142 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 126 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of R 16 756 they are 71 % more affordable than the average price for Bronkhorstspruit . The properties with the lowest average price have 4 bedrooms, Their price is 13 % more affordable than the average. After that we have properties with 3 bedrooms priced at R 12 181.
With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of R 25 / m², with an average R 155,11 / m² price in Bronkhorstspruit. The properties with the most affordable average prices have 2 bedrooms. They are 40 % more affordable than the average followed by properties with 1 bedroom with a price at R 70 / m².
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of R 16 756 it is 58 % more affordable than the average price in Bronkhorstspruit. "House" is seen as the second most affordable property type. The most expensive property type is "Land" followed by "Farm". At a price of R 45 576 it is 173 % more expensive than the average price.
According to the average cost per m², the most affordable property is "Townhouse" at an average price of R 12 / m² followed by "House" priced at R 45 / m². "Land" is the most expensive type of property with a R 451 / m² value followed by "Farm" with an average price of R 446 / m².