The rent prices in real estate in Jeffreys Bay, in the Eastern Cape 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 Jeffreys Bay has fallen during the last 6 months. In September, the average price per m² was R 59,96. In the following month the price per m² fell to R 53,06. In the following two months the price per m² has practically remained the same, going from R 56,51 to R 57,67 per m². The price per m² has hardly changed in the last two months compared to the average price of the previous four months going from an average price of R 57,09 to R 54,99 during January y February
When referring to the price in Jeffreys Bay (cities & towns), this has risen considerably in the last 6 months. The rent price in September is R 10 090, rising in October till R 11 466. In the following two months the average price has hardly changed with regard to the previous two months from R 10 778 to R 10 307. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 123 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of R 13 000 they are 52 % more affordable than the average price for Jeffreys Bay . The properties with the lowest average price have 3 bedrooms, Their price is 22 % more affordable than the average. After that we have properties with 1 bedroom priced at R 9 850.
With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of R 39 / m², with an average R 58,25 / m² price in Jeffreys Bay. The properties with the most expensive average prices have 1 bedroom. They are 11574 % more expensive than the average followed by properties with 2 bedrooms with a price at R 73 / m².
The graph displaying the average rent prices displays the property type "Commercial" as the most affordable one. At an cost of R 13 000 it is 60 % more affordable than the average price in Jeffreys Bay. "" is seen as the second most affordable property type. The most affordable property is "Apartment" followed by "Townhouse". At a price of R 6 874 it is 47 % more affordable than the average price.
According to the average cost per m², the most affordable property is "Townhouse" at an average price of R 35 / m² followed by "House" priced at R 39 / m². "Commercial" is the most expensive type of property with a R 353 / m² value followed by "Apartment" with an average price of R 40 / m².