The rent prices in real estate in Muldersdrift, in the Gauteng 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 Muldersdrift has risen strongly during the last 6 months. In October, the average price per m² was R 108,33. In November this price barely changed remaining at R 108,33 per m². The price for the following two months in (December, January) had a considerable rise of 655 %. The price per m² has had a considerable fall of 71 % 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 409,06 to R 292,12 during February, and March.
When referring to the price in Muldersdrift (cities & towns), this has risen considerably in the last 6 months. In our first sample month during October, the average price is R 4 333. In November This price remains at R 4 333. During the following two months (December, January) the price has had an average rise from R 4 333 to R 4 630,5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 130 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 29 % more affordable than the average price of R 4 220 in Muldersdrift. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 29 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 69 % more expensive than the average price of (R 836,44 / m²) in Muldersdrift. Properties with the most expensive price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 69 % more expensive than the average value aforementioned.