Property prices for rent in Port Shepstone (Kwazulu-natal)

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

R 7 388,83
Average price last 6 months
R 59,82
Price/m² last 6 months
Average price per m2

The price per m² in Port Shepstone has fallen during the last 6 months. In September, the average price per m² was R 65,14. In October this price barely changed remaining at R 62,22 per m². The price for the following two months in (November, December) had a considerable fall of 84 with regard to the previous two months. The price per m² has risen 107 % 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 58,54 to R 62,37 during January, and February.

Average price

When referring to the price in Port Shepstone (cities & towns), this has fallen in the last 6 months. In our first sample month during September, the average price is R 8 160. In October This price remains at R 7 968. During the following two months (November, December) the average price fell 85 % with regard to the previous two months. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of R 7 467 and R 7 232,5 between January and February.

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 7 376 they are 44 % more affordable than the average price for Port Shepstone . The properties with the highest average price have 4 bedrooms, Their price is 59 % more expensive than the average. After that we have properties with 3 bedrooms priced at R 7 626.

With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of R 38,96 / m², with an average R 75,3 / m² price in Port Shepstone. The properties with the most expensive average prices have 1 bedroom. They are 16 % more expensive than the average followed by properties with 3 bedrooms with a price at R 84,59 / m².

Price per property type

The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of R 7 376 it is 56 % more affordable than the average price in Port Shepstone. "Townhouse" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of R 8 085 it is 13 % more expensive than the average price.

According to the average cost per m², the most affordable property is "Land" at an average price of R 15 / m² followed by "Townhouse" priced at R 55 / m². "Apartment" is the most expensive type of property with a R 82 / m² value followed by "House" with an average price of R 65,71 / m².

Charts data
Average price February
Average price per m² February
Number of properties used in Port Shepstone
Number of properties used in region Kwazulu-natal
R 7 376
R 75,3
376
59 628
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value