The rent prices in real estate in Qwabe, Waterfall, in the Kwazulu-natal 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 Qwabe, Waterfall has barely changed in the last 6 months. In November, the average price per m² was R 128,75. In December this price barely changed remaining at R 125,81 per m². In the following two months the price per m² has risen 109 %, going from R 127,28 to R 138,49 per m². The price per m² has hardly changed in the last two months compared to the average price of the previous four months going from an average price of R 132,89 to R 130,82 during March y April
When referring to the price in Qwabe, Waterfall (cities & towns), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is R 16 089. In December This price remains at R 15 702. In the following two months the average price has hardly changed with regard to the previous two months from R 15 895,5 to R 16 256,5. Based on an analysis of the first four prices and the last two months the average price has increased 111 % 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 18 181 they are 55 % more affordable than the average price for Qwabe, Waterfall . The properties with the highest average price have 4 bedrooms, Their price is 203 % more expensive than the average. After that we have properties with 3 bedrooms priced at R 19 982.
With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of R 64 / m², with an average R 129,92 / m² price in Qwabe, Waterfall. The properties with the most expensive average prices have 2 bedrooms. They are 14 % more expensive than the average followed by properties with 3 bedrooms with a price at R 138,44 / m².
The graph displaying the average rent prices displays the property type "Flat" as the most affordable one. At an cost of R 18 181 it is 50 % more affordable than the average price in Qwabe, Waterfall. "Townhouse" is seen as the second most affordable property type. The most expensive property type is "Apartment" followed by "Commercial". At a price of R 44 461 it is 174 % 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 64 / m² followed by "Townhouse" priced at R 110 / m². "Commercial" is the most expensive type of property with a R 33 852 / m² value followed by "Flat" with an average price of R 6 317 / m².