Property prices for rent in Hibberdene (Kwazulu-natal)

The rent prices in real estate in Hibberdene, in the Kwazulu-natal region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.

R 4 866,17
Average price last 6 months
R 25,79
Price/m² last 6 months
Average price per m2

The price per m² in Hibberdene has had a strong fall during the last 6 months. In September, the average price per m² was R 49,61. In the following month the price per m² fell considerably to R 18. The price for the following two months in (November, December) had a considerable fall of 61 with regard to the previous two months. The price per m² has had a considerable fall of 84 % 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 27,26 to R 22,84 during January, and February.

Average price

When referring to the price in Hibberdene (cities & towns), this has fallen in the last 6 months. The average price for September is R 5 500. During October the price had a considerable fall till R 3 846. During the following two months (November, December) the price has had an average rise from R 4 673 to R 4 994,5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of R 4 833,75 and R 4 931 between January and February.

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 3 936 they are 38 % more affordable than the average price for Hibberdene . The properties with the highest average price have 3 bedrooms, Their price is 59 % more expensive than the average. After that we have properties with 4 bedrooms priced at R 5 648.

With regard to the average price per m², those properties with 2 bedrooms are the most affordable ones at a cost of R 4 / m², with an average R 21 / m² price in Hibberdene. The properties with the most expensive average prices have 4 bedrooms. They are 23533 % more expensive than the average followed by properties with 1 bedroom with a price at R 78 / m².

Price per property type

The graph displaying the average rent prices displays the property type "House" as the most expensive one. At an cost of R 3 936 it is 43 % more expensive than the average price in Hibberdene. "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 5 648 it is 56 % 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 4 800 / m² followed by "House" priced at R 4 963 / m². "House" is the most expensive type of property with a R 4 963 / m² value followed by "Land" with an average price of R 4 800 / m².

Charts data
Average price February
Average price per m² February
Number of properties used in Hibberdene
Number of properties used in region Kwazulu-natal
R 3 936
R 21
42
59 628
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value