Property prices for rent in Vanderbijlpark (Gauteng)

The rent prices in real estate in Vanderbijlpark, 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.

R 10 458
Average price last 6 months
R 228,75
Price/m² last 6 months
Average price per m2

The price per m² in Vanderbijlpark has risen strongly during the last 6 months. In September, the average price per m² was R 88,44. In the following month the price per m² fell considerably to R 48,84. The price for the following two months in (November, December) had a considerable rise of 480 %. The price per m² has had a considerable rise of 145 % 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 199,1 to R 288,06 during January, and February.

Average price

When referring to the price in Vanderbijlpark (cities & towns), this has risen considerably in the last 6 months. The average price during our first sample month during September, is R 8 233. During October the price went through a considerable rise reaching R 10 734. During the following two months (November, December) the price has had an average rise from R 9 483,5 to R 10 476,5. Based on an analysis of the first four prices and the last two months the average price has increased 114 % during the last two months.

Average price per bedrooms

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 10 300 they are 54 % more affordable than the average price for Vanderbijlpark . The properties with the highest average price have 4 bedrooms, Their price is 57 % more expensive than the average. After that we have properties with 3 bedrooms priced at R 10 532.

With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of R 39 / m², with an average R 43,56 / m² price in Vanderbijlpark. The properties with the most expensive average prices have 1 bedroom. They are 276 % more expensive than the average followed by properties with 3 bedrooms with a price at R 105 / m².

Price per property type

The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of R 10 300 it is 38 % more affordable than the average price in Vanderbijlpark. "Commercial" is seen as the second most affordable property type. The most expensive property type is "Townhouse" followed by "House". At a price of R 11 599 it is 21 % more expensive than the average price.

According to the average cost per m², the most affordable property is "Commercial" at an average price of R 25 / m² followed by "Flat" priced at R 30 / m². "Apartment" is the most expensive type of property with a R 97 / m² value followed by "Townhouse" with an average price of R 89 / m².

Charts data
Average price February
Average price per m² February
Number of properties used in Vanderbijlpark
Number of properties used in region Gauteng
R 10 300
R 43,56
146
190 532
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value