The rent prices in real estate in Madibeng, in the North West 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 Madibeng has risen strongly during the last 6 months. In November, the average price per m² was . In the following month the price per m² rose considerably to R 39,25. In the following two months the price per m² has practically remained the same, going from R 19,62 to R 19,62 per m². The price per m² has had a considerable fall of 0 % 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 19,62 to during March, and April.
When referring to the price in Madibeng (cities & towns), this has risen considerably in the last 6 months. The average price during our first sample month during November, is . During December the price went through a considerable rise reaching R 21 000. In the following two months the average price has hardly changed with regard to the previous two months from R 10 500 to R 10 500. During the last two months the average price has fallen greatly compared to the previous four going from R 10 500 to , which means a 0 % fall.