The rent prices in real estate in Postmasburg, in the Northern 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 Postmasburg has risen strongly during the last 6 months. In November, the average price per m² was R 71,78. In December this price barely changed remaining at R 72,57 per m². The price for the following two months in (January, February) had a considerable rise of 137 %. The price per m² has had a considerable rise of 189 % 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 85,36 to R 161,65 during March, and April.
When referring to the price in Postmasburg (cities & towns), this has fallen in the last 6 months. The rent price in November is R 15 706, rising in December till R 16 976. During the following two months (January, February) the average price fell 85 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 89 %, going from R 15 131,75 to R 13 521 in March and April.