The rent prices in real estate in Kraaifontein, in the Western Cape region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per m² in Kraaifontein has barely changed in the last 6 months. In October, the average price per m² was R 114,98. In November this price barely changed remaining at R 115,15 per m². In the following two months the price per m² has risen 108 %, going from R 115,07 to R 123,74 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 119,4 to R 118 during February y March
When referring to the price in Kraaifontein (cities & towns), this has fallen considerably in the last 6 months. The rent price in October is R 26 706, rising in November till R 28 313. During the following two months (December, January) the average price had a considerable fall of 63 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 92 %, going from R 22 466,75 to R 20 723,5 in February and March.
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 22 606 they are 78 % more affordable than the average price for Kraaifontein . The properties with the lowest average price have 3 bedrooms, Their price is 37 % more affordable than the average. After that we have properties with 4 bedrooms priced at R 12 844.
With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of R 79 / m², with an average R 115 / m² price in Kraaifontein. The properties with the most expensive average prices have 1 bedroom. They are 11 % more expensive than the average followed by properties with 2 bedrooms with a price at R 121 / m².
The graph displaying the average rent prices displays the property type "Flat" as the most affordable one. At an cost of R 22 606 it is 61 % more affordable than the average price in Kraaifontein. "Townhouse" is seen as the second most affordable property type. The most affordable property is "Industrial property" followed by "Land". At a price of R 13 213 it is 17 % more affordable than the average price.
According to the average cost per m², the most affordable property is "House" at an average price of R 79 / m² followed by "Flat" priced at R 81 / m². "Land" is the most expensive type of property with a R 2 638 / m² value followed by "Industrial property" with an average price of R 535 / m².