The rent prices in real estate in Swellendam, 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 Swellendam has risen strongly during the last 6 months. In November, the average price per m² was R 70,61. In December this price barely changed remaining at R 69 per m². The price for the following two months in (January, February) had a considerable rise of 3696 %. The price per m² has had a considerable rise of 151 % 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 1 324,9 to R 1 999,5 during March, and April.
When referring to the price in Swellendam (cities & towns), this has risen considerably in the last 6 months. The average price during our first sample month during November, is R 7 817. During December the price went through a considerable rise reaching R 11 713. During the following two months (January, February) the average price had a considerable rise of 126 % 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 130 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 83 % more expensive than the average price of R 10 051 in Swellendam. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 83 % more expensive than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 141 % more expensive than the average price of (R 9 535 / m²) in Swellendam. Properties with the most expensive price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 141 % more expensive than the average value aforementioned.