The rent prices in real estate in Pretoria, in the Gauteng region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per m² in Pretoria has barely changed in the last 6 months. In April, the average price per m² was R 98,35. In the following month the price per m² rose to R 105,46. The price for the following two months in (June, July) fell 89 % with regard to the previous two months. The price per m² has risen 105 % 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 96,26 to R 101,25 during August, and September.
When referring to the price in Pretoria (cities & towns), this has fallen considerably in the last 6 months. The average price for April is R 15 881. During May the price had a slight fall till R 14 428. During the following two months (June, July) the average price had a considerable fall of 71 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has increased 106 % during the last two months.
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 13 756 they are 58 % more affordable than the average price for Pretoria . The properties with the highest average price have 4 bedrooms, Their price is 67 % more expensive than the average. After that we have properties with 3 bedrooms priced at R 11 758.
With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of R 74,69 / m², with an average R 104,13 / m² price in Pretoria. The properties with the most expensive average prices have 1 bedroom. They are 22 % more expensive than the average followed by properties with 2 bedrooms with a price at R 90,47 / m².
The graph displaying the average rent prices displays the property type "Farm" as the most affordable one. At an cost of R 13 756 it is 55 % more affordable than the average price in Pretoria. "House" is seen as the second most affordable property type. The most expensive property type is "Flat" followed by "Apartment". At a price of R 15 260 it is 71 % more expensive than the average price.
According to the average cost per m², the most affordable property is "Apartment" at an average price of R 79,04 / m² followed by "Land" priced at R 80 / m². "House" is the most expensive type of property with a R 118,44 / m² value followed by "Flat" with an average price of R 110,77 / m².