The rent prices in real estate in Carletonville, in the Gauteng region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per m² in Carletonville has had a strong fall during the last 6 months. In November, the average price per m² was R 5 948. In the following month the price per m² fell to R 5 569. The price for the following two months in (January, February) had a considerable fall of 81 with regard to the previous two months. The price per m² has fallen 89 % 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 5 202,25 to R 4 646 during March, and April.
When referring to the price in Carletonville (cities & towns), this has fallen considerably in the last 6 months. The average price for November is R 208 907. During December the price had a considerable fall till R 8 549. During the following two months (January, February) the average price had a considerable fall of 9 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from R 59 170,5 to R 9 613, which means a 16 % fall.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 29 % more affordable than the average price of R 6 845 in Carletonville. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 29 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 47 % more expensive than the average price of (R 6 845 / m²) in Carletonville. Properties with the most expensive price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 47 % more expensive than the average value aforementioned.