The rent prices in real estate in Reebok, 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 Reebok has risen strongly during the last 6 months. In November, the average price per m² was R 78. In the following month the price per m² fell considerably to R 65. The price for the following two months in (January, February) had a considerable fall of 82 with regard to the previous two months. The price per m² has had a considerable rise of 3126 % 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 65 to R 2 032 during March, and April.
When referring to the price in Reebok (cities & towns), there have hardly been any changes in the last 6 months. The average price for November is R 9 480. During December the price had a considerable fall till R 6 477. In the following two months the average price has hardly changed with regard to the previous two months from R 7 978,5 to R 7 898,5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 146 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 22 % more affordable than the average price of R 6 640 in Reebok. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 22 % more affordable than the average aforementioned.
According to average price per property type in Reebok, "" priced at R 6 640 is 22 % lower than the average price (R 8 546) in this city.