The rent prices in real estate in Kuils River, 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 Kuils River has risen during the last 6 months. In October, the average price per m² was R 146,18. In the following month the price per m² rose to R 167,5. In the following two months the price per m² has risen 107 %, going from R 156,84 to R 167,87 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 162,35 to R 166,1 during February y March
When referring to the price in Kuils River (cities & towns), this has risen in the last 6 months. The rent price in October is R 15 436, rising in November till R 16 918. During the following two months (December, January) the price has had an average rise from R 16 177 to R 17 504. 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 16 840,5 to R 15 461 in February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of R 14 244 they are 50 % more affordable than the average price for Kuils River . The properties with the highest average price have 4 bedrooms, Their price is 260 % more expensive than the average. After that we have properties with 1 bedroom priced at R 9 627.
With regard to the average price per m², those properties with 3 bedrooms are the most affordable ones at a cost of R 121 / m², with an average R 171,57 / m² price in Kuils River. The properties with the most expensive average prices have 4 bedrooms. They are 170 % more expensive than the average followed by properties with 1 bedroom with a price at R 147 / m².
The graph displaying the average rent prices displays the property type "Flat" as the most affordable one. At an cost of R 14 244 it is 45 % more affordable than the average price in Kuils River. "Commercial Property" is seen as the second most affordable property type. The most expensive property type is "Industrial property" followed by "House". At a price of R 51 264 it is 373 % more expensive than the average price.
According to the average cost per m², the most affordable property is "Commercial Property" at an average price of R 23 / m² followed by "Townhouse" priced at R 63 / m². "House" is the most expensive type of property with a R 463 / m² value followed by "Industrial property" with an average price of R 437 / m².