The rent prices in real estate in Kleinmond, in the Western Cape region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per m² in Kleinmond has risen during the last 6 months. In October, the average price per m² was R 81,81. In the following month the price per m² rose considerably to R 111,66. In the following two months the price per m² has practically remained the same, going from R 96,74 to R 94,68 per m². The price per m² has fallen 88 % 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 95,71 to R 84,5 during February, and March.
When referring to the price in Kleinmond (cities & towns), there have hardly been any changes in the last 6 months. The average price during our first sample month during October, is R 27 060. During November the price went through a considerable rise reaching R 33 240. During the following two months (December, January) the average price fell 91 % 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 28 783,25 to R 20 904,5, which means a 73 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of R 27 572 they are 78 % more affordable than the average price for Kleinmond . The properties with the lowest average price have 2 bedrooms, Their price is 3 % more affordable than the average. After that we have properties with 1 bedroom priced at R 6 135.
With regard to the average price per m², those properties with 1 bedroom are the most affordable ones at a cost of R 61 / m², with an average R 114 / m² price in Kleinmond. The properties with the most affordable average prices have 2 bedrooms. They are 22 % more affordable than the average followed by properties with 1 bedroom with a price at R 61 / m².
The graph displaying the average rent prices displays the property type "Flat" as the most affordable one. At an cost of R 27 572 it is 49 % more affordable than the average price in Kleinmond. "Land" is seen as the second most affordable property type. The most affordable property is "House" followed by "Apartment". At a price of R 22 532 it is 3 % more affordable than the average price.
According to the average cost per m², the most affordable property is "Flat" at an average price of R 21 / m² followed by "Land" priced at R 56 / m². "House" is the most affordable type of property with a R 89 / m² value followed by "Apartment" with an average price of R 61 / m².