The rent prices in real estate in Mopani, in the Limpopo 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 Mopani has risen strongly during the last 6 months. In April, the average price per m² was . In the following month the price per m² rose considerably to . The price for the following two months in (June, July) had a considerable rise of 2147483647 %. The price per m² has had a considerable rise of 205 % 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 57,45 to R 118 during August, and September.
When referring to the price in Mopani (cities & towns), this has risen considerably in the last 6 months. The average price during our first sample month during April, is . During May the price went through a considerable rise reaching . During the following two months (June, July) the average price had a considerable rise of 2147483647 % 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 160 % during the last two months.
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 20 039 they are 47 % more affordable than the average price for Mopani . The properties with the highest average price have 4 bedrooms, Their price is 106 % more expensive than the average. After that we have properties with 3 bedrooms priced at R 23 773.
With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of R 97,83 / m², with an average R 119,37 / m² price in Mopani. The properties with the most expensive average prices have 1 bedroom. They are 31 % more expensive than the average followed by properties with 2 bedrooms with a price at R 130,42 / m².
The graph displaying the average rent prices displays the property type "Flat" as the most affordable one. At an cost of R 20 039 it is 25 % more affordable than the average price in Mopani. "Townhouse" is seen as the second most affordable property type. The most expensive property type is "Office" followed by "Commercial". At a price of R 40 788 it is 116 % more expensive than the average price.
According to the average cost per m², the most affordable property is "Commercial" at an average price of R 76 / m² followed by "House" priced at R 89,05 / m². "Flat" is the most expensive type of property with a R 141,72 / m² value followed by "Office" with an average price of R 122 / m².