The rent prices in real estate in Krugersdorp, in the Gauteng 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 Krugersdorp has risen during the last 6 months. In October, the average price per m² was R 77,27. In the following month the price per m² rose to R 85,62. In the following two months the price per m² has risen 109 %, going from R 81,44 to R 89,08 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 85,26 to R 84,64 during February y March
When referring to the price in Krugersdorp (cities & towns), this has risen considerably in the last 6 months. The rent price in October is R 10 250, rising in November till R 11 024. During the following two months (December, January) the average price had a considerable rise of 124 % 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 94 %, going from R 11 907,5 to R 11 184 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 10 467 they are 46 % more affordable than the average price for Krugersdorp . The properties with the highest average price have 4 bedrooms, Their price is 66 % more expensive than the average. After that we have properties with 3 bedrooms priced at R 11 938.
With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of R 34,98 / m², with an average R 78,54 / m² price in Krugersdorp. The properties with the most expensive average prices have 1 bedroom. They are 47 % more expensive than the average followed by properties with 2 bedrooms with a price at R 70,79 / m².
The graph displaying the average rent prices displays the property type "Flat" as the most affordable one. At an cost of R 10 467 it is 38 % more affordable than the average price in Krugersdorp. "House" is seen as the second most affordable property type. The most expensive property type is "Townhouse" followed by "Apartment". At a price of R 10 432 it is 139 % more expensive than the average price.
According to the average cost per m², the most affordable property is "Flat" at an average price of R 41 / m² followed by "Townhouse" priced at R 47,51 / m². "House" is the most expensive type of property with a R 103,81 / m² value followed by "Commercial" with an average price of R 83 / m².