Property prices for rent in Milnerton (Western Cape)

The rent prices in real estate in Milnerton, 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.

R 37 786,83
Average price last 6 months
R 111
Price/m² last 6 months
Average price per m2

The price per m² in Milnerton has risen during the last 6 months. In September, the average price per m² was R 100,48. In October this price barely changed remaining at R 104,06 per m². In the following two months the price per m² has risen 111 %, going from R 102,27 to R 113,71 per m². The price per m² has risen 108 % 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 107,99 to R 117,01 during January, and February.

Average price

When referring to the price in Milnerton (cities & towns), this has risen considerably in the last 6 months. The average price during our first sample month during September, is R 32 925. During October the price went through a considerable rise reaching R 41 438. During the following two months (November, December) the average price fell 92 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 117 % during the last two months.

Average price per bedrooms

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 50 221 they are 76 % more affordable than the average price for Milnerton . The properties with the lowest average price have 4 bedrooms, Their price is 2 % more affordable than the average. After that we have properties with 2 bedrooms priced at R 17 250.

With regard to the average price per m², those properties with 3 bedrooms are the most expensive ones at a cost of R 130 / m², with an average R 116,75 / m² price in Milnerton. The properties with the most expensive average prices have 4 bedrooms. They are 67 % more expensive than the average followed by properties with 2 bedrooms with a price at R 191,89 / m².

Price per property type

The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of R 50 221 it is 77 % more affordable than the average price in Milnerton. "Land" is seen as the second most affordable property type. The most expensive property type is "Office" followed by "Commercial". At a price of R 48 086 it is 68 % more expensive than the average price.

According to the average cost per m², the most affordable property is "House" at an average price of R 76 / m² followed by "Commercial" priced at R 115 / m². "Apartment" is the most expensive type of property with a R 166 / m² value followed by "Land" with an average price of R 132 / m².

Charts data
Average price February
Average price per m² February
Number of properties used in Milnerton
Number of properties used in region Western Cape
R 50 221
R 116,75
2 778
45 374
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value