The rent prices in real estate in Hammanskraal, in the Gauteng region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per m² in Hammanskraal has fallen during the last 6 months. In November, the average price per m² was R 24 801. In December this price barely changed remaining at R 24 801 per m². The price for the following two months in (January, February) had a considerable rise of 120 %. The price per m² has had a considerable fall of 50 % 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 27 341 to R 13 656 during March, and April.
When referring to the price in Hammanskraal (cities & towns), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is R 259 220. In December This price remains at R 259 220. During the following two months (January, February) the average price had a considerable fall of 12 % 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 144 550,5 to R 15 521, which means a 11 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 89 % more expensive than the average price of R 29 371 in Hammanskraal. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 89 % more expensive than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 115 % more expensive than the average price of (R 29 371 / m²) in Hammanskraal. Properties with the most expensive price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 115 % more expensive than the average value aforementioned.