The rent prices in real estate in Umdloti, 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 Umdloti has barely changed in the last 6 months. In September, the average price per m² was R 168,43. In October this price barely changed remaining at R 161,86 per m². In the following two months the price per m² has risen 107 %, going from R 165,15 to R 176,04 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 170,59 to R 173,57 during January y February
When referring to the price in Umdloti (cities & towns), there have hardly been any changes in the last 6 months. The average price for September is R 22 626. During October the price had a slight fall till R 21 294. In the following two months the average price has hardly changed with regard to the previous two months from R 21 960 to R 22 623. 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 22 291,5 and R 22 062 between January and February.
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 21 486 they are 59 % more affordable than the average price for Umdloti . The properties with the lowest average price have 3 bedrooms, Their price is 7 % more affordable than the average. After that we have properties with 4 bedrooms priced at R 15 453.
With regard to the average price per m², those properties with 2 bedrooms are the most affordable ones at a cost of R 87,65 / m², with an average R 169,88 / m² price in Umdloti. The properties with the most expensive average prices have 4 bedrooms. They are 7964 % more expensive than the average followed by properties with 1 bedroom with a price at R 150,84 / m².
The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of R 21 486 it is 29 % more affordable than the average price in Umdloti. "Apartment" is seen as the second most affordable property type. The most affordable property is "Commercial Property" followed by "Apartment". At a price of R 15 373 it is 27 % more affordable than the average price.
According to the average cost per m², the least affordable property would be "Land" at an average price of R 13 559 / m² followed by "Apartment" priced at R 13 629 / m². "Commercial Property" is the most expensive type of property with a R 15 729 / m² value followed by "Apartment" with an average price of R 13 629 / m².