The rent prices in real estate in Hazyview, in the Mpumalanga 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 Hazyview has risen strongly during the last 6 months. In October, the average price per m² was R 56. In the following month the price per m² rose considerably to R 2 009. The price for the following two months in (December, January) had a considerable rise of 1144 %. The price per m² has had a considerable fall of 1 % 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 6 424 to R 55 during February, and March.
When referring to the price in Hazyview (cities & towns), this has risen considerably in the last 6 months. The average price during our first sample month during October, is R 3 046. During November the price went through a considerable rise reaching R 30 059. During the following two months (December, January) the average price had a considerable rise of 150 % 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 20 663,75 to R 3 042, which means a 15 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most expensive ones. At a price of R 3 042 they are 67 % more expensive than the average price for Hazyview. Following this ranking we find those properties with 1 at an average price of R 81 959. The properties with the highest average price have 1 bedroom, Their price is 2594 % more expensive than the average. After that we have properties with 2 bedrooms priced at R 5 073.
With regard to the average price per m², those properties with 2 bedrooms are the most expensive ones at a cost of R 3 366 / m², with an average R 55 / m² price in Hazyview. The properties with the most expensive average prices have 1 bedroom. They are 83951 % more expensive than the average followed by properties with 2 bedrooms with a price at R 3 366 / m².
With regard to the average price based on the property in Hazyview we can see that the least affordable type of property is "House" at R 5 073, which is 67 % more expensive than the average price. "House" has the most expensive price. This price is 67 % more expensive than the average price aforementioned.
According to the average area price by m² the most expensive property type is "House with an average cost of R 3 366 / m². "House" at an average price of R 3 366 / m² has the highest price and would be directed at more affluent cities.