Property prices for sale in Akasia (Gauteng)

The prices in real estate in Akasia, in the Gauteng region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.

R 1 210 371,83
Average price last 6 months
R 579 353,67
Price/m² last 6 months
Average price per m2

The price per m² in Akasia has increased strongly during the last 6 months. In January, the average price per m² was R 259 564. In the following month the price per m² increased considerably to R 569 895. The price for the following two months in (March, April) had a considerable increment of 219 %. The price per m² has had a considerable deflation of 63 % 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 661 468,75 to R 415 123,5 during May, and June.

Average price

Based upon to the price in Akasia (cities & towns), these have remained the same in the last 6 months. The average price for January is R 1 247 150. During February the price had a slight fall till R 1 132 734. In the following two months the average price has remained the same with regard to the previous two months from R 1 189 942 to R 1 204 154,5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of R 1 197 048,25 and R 1 237 019 between May and June.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of R 1 265 347 they are 46 % more affordable than the average price for Akasia. The properties with the highest average price have 4 bedrooms, Their price is 37 % more costly than the average. After that we have properties with 1 bedroom priced at R 1 362 530.

With regard to the average price per m² , those properties with 3 bedrooms are the cheapest ones at a cost of R 9 638 / m², with an average R 627 492 / m² price in Akasia. The properties with the highest average prices have 1 bedroom. They are 114 % more expensive than the average followed by properties with 2 bedrooms with a price at R 9 979 / m².

Price per property type

The graph displaying the average prices displays the property type "Flat" as the most affordable one. At an cost of R 1 265 347 it is 47 % cheaper than the average price in Akasia. "Apartment" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of R 1 224 118 it is 584 % more expensive than the average price.

According to the average cost per m², the cheapest property type is "Townhouse" at an average cost of R 9 001 / m² followed by "Apartment" priced at R 10 294 / m². "Commercial" is the most costly type of property with a R 8 649 167 / m² cost followed by "Flat" with an average price of R 652 007 / m².

Charts data
Average price June
Average price per m² June
Number of properties used in Akasia
Number of properties used in region Gauteng
R 1 265 347
R 627 492
9 688
786 744
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value