The rent prices in real estate in Evaton, 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 Evaton has risen strongly during the last 6 months. In October, the average price per m² was R 74. In November this price barely changed remaining at R 72 per m². The price for the following two months in (December, January) had a considerable fall of 66 with regard to the previous two months. The price per m² has had a considerable rise of 1301 % 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 60,5 to R 787 during February, and March.
When referring to the price in Evaton (cities & towns), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is R 3 588. In November This price remains at R 3 488. In the following two months the average price has hardly changed with regard to the previous two months from R 3 538 to R 3 501. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 119 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most expensive ones. At a price of R 4 213 they are 96 % more expensive than the average price for Evaton. Following this ranking we find those properties with 1 at an average price of R 13 267. The properties with the highest average price have 1 bedroom, Their price is 215 % more expensive than the average. After that we have properties with 4 bedrooms priced at R 8 258.
With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of R 47 / m², with an average R 1 551 / m² price in Evaton. The properties with the most expensive average prices have 1 bedroom. They are 729 % more expensive than the average followed by properties with 4 bedrooms with a price at R 47 / m².
The graph displaying the average rent prices displays the property type "House" as the most expensive one. At an cost of R 4 213 it is 96 % more expensive than the average price in Evaton. "Farm" is seen as the second most expensive property type. The most expensive property type is "Farm" followed by "House". At a price of R 8 258 it is 210 % 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 47 / m² followed by "Farm" priced at R 12 643 / m². "Farm" is the most expensive type of property with a R 12 643 / m² value followed by "House" with an average price of R 47 / m².