The rent prices in real estate in Hartenbos, in the Western Cape region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per m² in Hartenbos has risen during the last 6 months. In October, the average price per m² was R 44,32. In November this price barely changed remaining at R 44,32 per m². In the following two months the price per m² has practically remained the same, going from R 44,32 to R 42,5 per m². The price per m² has had a considerable rise of 132 % 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 43,41 to R 57,5 during February, and March.
When referring to the price in Hartenbos (cities & towns), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is R 12 229. In November This price remains at R 12 229. During the following two months (December, January) the average price had a considerable fall of 79 % 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 10 958 to R 7 871,5, which means a 72 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 12 % more expensive than the average price of R 6 883 in Hartenbos. Based on the bedrooms values, properties with the most expensive rent prices are those with 3 bedrooms. They are 23739 % more expensive than the average aforementioned.
With regard to the average prices per m² those properties with 3 bedrooms are 2171 % more expensive than the average price of (R 772 / m²) in Hartenbos. Properties with the most expensive price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 20141 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "House" as the most expensive one. At an cost of R 6 153 it is 22689 % more expensive than the average price in Hartenbos. "Land" is seen as the second most expensive property type. The most expensive property type is "Land" followed by "House". At a price of R 1 402 219 it is 22716 % more expensive than the average price.
According to the average cost per m², the least affordable property would be "Land" at an average price of R 771 / m² followed by "House" priced at R 775 / m². "House" is the most expensive type of property with a R 775 / m² value followed by "Land" with an average price of R 771 / m².