The rent prices in real estate in Mtubatuba, in the Kwazulu-natal 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 Mtubatuba has risen strongly during the last 6 months. In November, the average price per m² was R 2 639. In the following month the price per m² rose considerably to R 3 881. The price for the following two months in (January, February) had a considerable fall of 47 with regard to the previous two months. The price per m² has had a considerable rise of 300 % 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 2 389 to R 7 177 during March, and April.
When referring to the price in Mtubatuba (cities & towns), this has risen considerably in the last 6 months. The average price for November is R 20 977. During December the price had a slight fall till R 18 402. During the following two months (January, February) the average price had a considerable fall of 59 % 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 665 % during the last two months.