The rent prices in real estate in Katlehong, in the Gauteng 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 Katlehong has risen strongly during the last 6 months. In November, the average price per m² was R 31,59. In the following month the price per m² rose considerably to R 40,79. The price for the following two months in (January, February) had a considerable rise of 123 %. The price per m² has had a considerable rise of 158 % 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 40,37 to R 63,76 during March, and April.
When referring to the price in Katlehong (cities & towns), this has fallen considerably in the last 6 months. The average price for November is R 7 000. During December the price had a slight fall till R 6 550. During the following two months (January, February) the average price fell 92 % 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 6 507,5 to R 4 581, which means a 70 % fall.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 43 % more affordable than the average price of R 2 859 in Katlehong. Based on the bedrooms values, properties with the most affordable rent prices are those with 2 bedrooms. They are 1 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 2 bedrooms are 19 % more expensive than the average price of (R 77 / m²) in Katlehong. Properties with the most expensive price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 4330 % more expensive than the average value aforementioned.