Property prices for rent in Greenstone Hill (Gauteng)

The rent prices in real estate in Greenstone Hill, 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.

R 40 189,83
Average price last 6 months
R 3 527,23
Price/m² last 6 months
Average price per m2

The price per m² in Greenstone Hill has had a strong fall during the last 6 months. In September, the average price per m² was R 5 048. In the following month the price per m² fell considerably to R 89. The price for the following two months in (November, December) had a considerable fall of 4 with regard to the previous two months. The price per m² has had a considerable rise of 589 % 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 1 341,1 to R 7 899,5 during January, and February.

Average price

When referring to the price in Greenstone Hill (cities & towns), this has fallen considerably in the last 6 months. The average price for September is R 166 666. During October the price had a considerable fall till R 20 291. During the following two months (November, December) the average price had a considerable fall of 15 % 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 53 644,25 to R 13 281, which means a 25 % fall.

Average price per bedrooms

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 16 839 they are 38 % more affordable than the average price for Greenstone Hill . The properties with the highest average price have 1 bedroom, Their price is 11 % more expensive than the average. After that we have properties with 4 bedrooms priced at R 11 697.

With regard to the average price per m², those properties with 3 bedrooms are the most affordable ones at a cost of R 33 / m², with an average R 15 674 / m² price in Greenstone Hill. The properties with the most expensive average prices have 1 bedroom. They are 19 % more expensive than the average followed by properties with 4 bedrooms with a price at R 96 / m².

Price per property type

The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of R 16 839 it is 44 % more affordable than the average price in Greenstone Hill. "Flat" is seen as the second most affordable property type. The most affordable property is "House" followed by "Townhouse". At a price of R 11 637 it is 31 % more affordable than the average price.

According to the average cost per m², the most affordable property is "Townhouse" at an average price of R 91 / m² followed by "House" priced at R 96 / m². "Flat" is the most affordable type of property with a R 10 804 / m² value followed by "Land" with an average price of R 9 292 / m².

Charts data
Average price February
Average price per m² February
Number of properties used in Greenstone Hill
Number of properties used in region Gauteng
R 16 839
R 15 674
174
190 532
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value