The rent prices in real estate in Riversdale, in the Western Cape region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per m² in Riversdale has risen during the last 6 months. In November, the average price per m² was R 169. In December this price barely changed remaining at R 169 per m². In the following two months the price per m² has risen 106 %, going from R 169 to R 178,5 per m². The price per m² has risen 108 % 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 173,75 to R 188 during March, and April.
When referring to the price in Riversdale (cities & towns), this has risen considerably in the last 6 months. In our first sample month during November, the average price is R 52 580. In December This price remains at R 52 580. During the following two months (January, February) the average price had a considerable rise of 149 % 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 had a strong increase of 159 % during the last two months.