Property prices for rent in Melmoth (Kwazulu-natal)
The rent prices in real estate in Melmoth, in the Kwazulu-natal region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per m² in Melmoth has fallen during the last 6 months. In November, the average price per m² was R 7 771. In the following month the price per m² fell to R 7 113. In the following two months the price per m² has risen 106 %, going from R 7 442 to R 7 863 per m². The price per m² has had a considerable fall of 75 % 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 7 652,5 to R 5 726,5 during March, and April.
When referring to the price in Melmoth (cities & towns), this has fallen in the last 6 months. The average price for November is R 8 267. During December the price had a slight fall till R 7 755. In the following two months the average price has hardly changed with regard to the previous two months from R 8 011 to R 7 925,5. During the last two months the average price has fallen greatly compared to the previous four going from R 7 968,25 to R 6 388,5, which means a 80 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 27 % more expensive than the average price of R 8 127 in Melmoth. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 27 % more expensive than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 55 % more expensive than the average price of (R 8 127 / m²) in Melmoth. Properties with the most expensive price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 55 % more expensive than the average value aforementioned.
