The rent prices in real estate in Cullinan, in the Gauteng region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per m² in Cullinan has risen during the last 6 months. In October, the average price per m² was R 78,84. In the following month the price per m² fell considerably to R 47,97. The price for the following two months in (December, January) had a considerable fall of 60 with regard to the previous two months. The price per m² has had a considerable rise of 320 % 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 50,88 to R 162,6 during February, and March.
When referring to the price in Cullinan (cities & towns), this has risen in the last 6 months. The average price for October is R 8 400. During November the price had a slight fall till R 7 175. During the following two months (December, January) the average price fell 93 % 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 150 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of R 9 000 they are 55 % more affordable than the average price for Cullinan . The properties with the lowest average price have 1 bedroom, Their price is 50 % more affordable than the average. After that we have properties with 2 bedrooms priced at R 4 068.
With regard to the average price per m², those properties with 2 bedrooms are the most affordable ones at a cost of R 11 / m², with an average R 26,19 / m² price in Cullinan. The properties with the most expensive average prices have 1 bedroom. They are 12775 % more expensive than the average followed by properties with 2 bedrooms with a price at R 11 / m².
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of R 9 000 it is 55 % more affordable than the average price in Cullinan. "Apartment" is seen as the second most affordable property type. The most expensive property type is "Apartment" followed by "House". At a price of R 4 068 it is 1816 % more expensive than the average price.
According to the average cost per m², the most affordable property is "House" at an average price of R 11 / m² followed by "Apartment" priced at R 1 071 / m². "Apartment" is the most expensive type of property with a R 1 071 / m² value followed by "House" with an average price of R 11 / m².