Property prices for rent in Mtunzini (Kwazulu-natal)

The rent prices in real estate in Mtunzini, in the Kwazulu-natal region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.

R 16 732,33
Average price last 6 months
R 66,19
Price/m² last 6 months
Average price per m2

The price per m² in Mtunzini has had a strong fall during the last 6 months. In September, the average price per m² was R 102,88. In the following month the price per m² fell considerably to R 69,17. The price for the following two months in (November, December) had a considerable fall of 37 with regard to the previous two months. The price per m² has had a considerable rise of 138 % 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 58,8 to R 80,97 during January, and February.

Average price

When referring to the price in Mtunzini (cities & towns), this has fallen considerably in the last 6 months. The average price for September is R 19 127. During October the price had a slight fall till R 16 700. In the following two months the average price has hardly changed with regard to the previous two months from R 17 913,5 to R 18 312,5. During the last two months the average price has fallen greatly compared to the previous four going from R 18 113 to R 13 971, which means a 77 % fall.

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 14 072 they are 30 % more affordable than the average price for Mtunzini . The properties with the lowest average price have 2 bedrooms, Their price is 20 % more affordable than the average. After that we have properties with 1 bedroom priced at R 9 809.

With regard to the average price per m², those properties with 2 bedrooms are the most affordable ones at a cost of R 15 / m², with an average R 85,6 / m² price in Mtunzini. The properties with the most expensive average prices have 1 bedroom. They are 9687 % more expensive than the average followed by properties with 2 bedrooms with a price at R 15 / m².

Price per property type

The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of R 14 072 it is 21 % more affordable than the average price in Mtunzini. "Apartment" is seen as the second most affordable property type. The most affordable property is "House" followed by "Townhouse". At a price of R 11 245 it is 20 % more affordable than the average price.

According to the average cost per m², the most affordable property is "Apartment" at an average price of R 5 / m² followed by "Townhouse" priced at R 10 / m². "House" is the most affordable type of property with a R 15 / m² value followed by "Townhouse" with an average price of R 10 / m².

Charts data
Average price February
Average price per m² February
Number of properties used in Mtunzini
Number of properties used in region Kwazulu-natal
R 14 072
R 85,6
86
59 628
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value