The rent prices in real estate in Eersterivier, in the Eastern 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 Eersterivier has risen strongly during the last 6 months. In October, the average price per m² was R 140,46. In the following month the price per m² fell to R 126,03. The price for the following two months in (December, January) had a considerable rise of 2070 %. The price per m² has had a considerable fall of 10 % 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 1 445,63 to R 138,5 during February, and March.
When referring to the price in Eersterivier (cities & towns), this has fallen in the last 6 months. The average price for October is R 6 663. During November the price had a slight fall till R 6 325. During the following two months (December, January) the average price fell 90 % with regard to the previous two months. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of R 6 175,75 and R 6 256,5 between February and March.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 16 % more affordable than the average price of R 5 334 in Eersterivier. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 16 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 3333 % more expensive than the average price of (R 4 738 / m²) in Eersterivier. Properties with the most expensive price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 3333 % more expensive than the average value aforementioned.
According to average price per property type in Eersterivier, "" priced at R 5 207 is 18 % lower than the average price (R 6 353) in this city.