Property prices for rent in Gordon's Bay (Western Cape)
The rent prices in real estate in Gordon's Bay, in the Western Cape region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per m² in Gordon's Bay has barely changed in the last 6 months. In November, the average price per m² was R 152,94. In the following month the price per m² fell to R 142,77. In the following two months the price per m² has practically remained the same, going from R 147,85 to R 149,18 per m². The price per m² has hardly changed in the last two months compared to the average price of the previous four months going from an average price of R 148,52 to R 151,88 during March y April
When referring to the price in Gordon's Bay (cities & towns), this has risen considerably in the last 6 months. The average price during our first sample month during November, is R 7 683. During December the price went through a considerable rise reaching R 8 899. During the following two months (January, February) the price has had an average rise from R 8 291 to R 9 361. Based on an analysis of the first four prices and the last two months the average price has increased 107 % 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 9 733 they are 28 % more affordable than the average price for Gordon's Bay . The properties with the highest average price have 4 bedrooms, Their price is 149 % more expensive than the average. After that we have properties with 3 bedrooms priced at R 18 179.
With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of R 67 / m², with an average R 151,82 / m² price in Gordon's Bay. The properties with the most expensive average prices have 1 bedroom. They are 9 % more expensive than the average followed by properties with 2 bedrooms with a price at R 142,79 / m².
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of R 9 733 it is 33 % more affordable than the average price in Gordon's Bay. "Flat" is seen as the second most affordable property type. The most expensive property type is "Apartment" followed by "Farm". At a price of R 12 574 it is 49 % more expensive than the average price.
According to the average cost per m², the most affordable property is "Farm" at an average price of R 41 / m² followed by "Flat" priced at R 57 / m². "House" is the most affordable type of property with a R 88 / m² value followed by "Townhouse" with an average price of R 84 / m².
