The rent prices in real estate in Roodeplaat Dam, in the Gauteng 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 Roodeplaat Dam has risen strongly during the last 6 months. In October, the average price per m² was R 47,95. In the following month the price per m² rose considerably to R 64,78. The price for the following two months in (December, January) fell 89 % with regard to the previous two months. The price per m² has had a considerable rise of 120 % 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 53,18 to R 63,68 during February, and March.
When referring to the price in Roodeplaat Dam (cities & towns), there have hardly been any changes in the last 6 months. The average price for October is R 18 083. During November the price had a slight fall till R 16 233. During the following two months (December, January) the average price had a considerable rise of 116 % with regard to the previous two months. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of R 18 509,5 and R 17 863 between February and March.
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 14 421 they are 73 % more affordable than the average price for Roodeplaat Dam . 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 11 311.
With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of R 37 / m², with an average R 82,36 / m² price in Roodeplaat Dam. The properties with the most affordable average prices have 1 bedroom. They are 20 % more affordable than the average followed by properties with 2 bedrooms with a price at R 45 / m².
The graph displaying the average rent prices displays the property type "Farm" as the most affordable one. At an cost of R 14 421 it is 60 % more affordable than the average price in Roodeplaat Dam. "Townhouse" is seen as the second most affordable property type. The most expensive property type is "" followed by "House". At a price of R 13 905 it is 11 % more expensive than the average price.
According to the average cost per m², the most affordable property is "Townhouse" at an average price of R 13 / m² followed by "Farm" priced at R 37 / m². "House" is the most affordable type of property with a R 60 / m² value followed by "Farm" with an average price of R 37 / m².