The rent prices in real estate in Jacobsbaai, in the Western Cape 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 Jacobsbaai has risen strongly during the last 6 months. In November, the average price per m² was R 66. In the following month the price per m² fell considerably to R 34. The price for the following two months in (January, February) had a considerable rise of 2258 %. The price per m² has had a considerable rise of 279 % 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 589,5 to R 1 645,5 during March, and April.
When referring to the price in Jacobsbaai (cities & towns), this has risen in the last 6 months. The average price during our first sample month during November, is R 8 337. During December the price went through a considerable rise reaching R 10 145. In the following two months the average price has hardly changed with regard to the previous two months from R 9 241 to R 9 083,5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 94 %, going from R 9 162,25 to R 8 584 in March and April.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 31 % more affordable than the average price of R 5 359 in Jacobsbaai. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 31 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 3502 % more expensive than the average price of (R 4 178 / m²) in Jacobsbaai. Properties with the most expensive price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 3502 % more expensive than the average value aforementioned.