The rent prices in real estate in Oudtshoorn, in the Western Cape 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 Oudtshoorn has risen strongly during the last 6 months. In October, the average price per m² was R 20,14. In the following month the price per m² rose considerably to R 34,21. The price for the following two months in (December, January) had a considerable rise of 115 %. The price per m² has had a considerable rise of 139 % 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 29,27 to R 40,56 during February, and March.
When referring to the price in Oudtshoorn (cities & towns), this has risen considerably in the last 6 months. The average price during our first sample month during October, is R 5 020. During November the price went through a considerable rise reaching R 7 200. During the following two months (December, January) the price has had an average rise from R 6 110 to R 6 840. Based on an analysis of the first four prices and the last two months the average price has increased 113 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 11853 % more expensive than the average price of R 945 818 in Oudtshoorn. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 11853 % more expensive than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 1517677 % more expensive than the average price of (R 942 843 / m²) in Oudtshoorn. Properties with the most expensive price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 1517677 % more expensive than the average value aforementioned.
With regard to the average price based on the property in Oudtshoorn we can see that the least affordable type of property is "Apartment" at R 1 021 419, which is 12808 % more expensive than the average price. "Apartment" has the most expensive price. This price is 12808 % more expensive than the average price aforementioned.
According to the average area price by m² the most expensive property type is "Apartment with an average cost of R 353 / m². "Apartment" at an average price of R 353 / m² has the highest price and would be directed at more affluent cities.