The prices in real estate in Amanzimtoti, in the Kwazulu-natal region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per m² in Amanzimtoti has remained the same in the last 6 months. In October, the average price per m² was R 9 958. In the following month the price per m² increased to R 10 538. In the following two months the price per m² has barely changed, going from R 10 248 to R 10 455 per m². The price per m² has barely changed in the last two months compared to the average price of the previous four months going from an average price of R 10 351,5 to R 10 238,5 during February y March
Based upon to the price in Amanzimtoti (cities & towns), this has gone up in the last 6 months. The price in October is R 1 014 825, rising in November till R 1 099 925. In the following two months the average price has remained the same with regard to the previous two months from R 1 057 375 to R 1 100 767,5. 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 1 079 071,25 and R 1 096 513,5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of R 1 110 616 they are 40 % more affordable than the average price for Amanzimtoti. The properties with the highest average price have 4 bedrooms, Their price is 126 % more costly than the average. After that we have properties with 3 bedrooms priced at R 1 462 061.
With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of R 7 155 / m², with an average R 8 786 / m² price in Amanzimtoti. The properties with the highest average prices have 2 bedrooms. They are 2 % more expensive than the average followed by properties with 1 bedroom with a price at R 8 946 / m².
The graph displaying the average prices displays the property type "Flat" as the most affordable one. At an cost of R 1 110 616 it is 23 % cheaper than the average price in Amanzimtoti. "Land" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of R 1 548 929 it is 141 % more expensive than the average price.
According to the average cost per m², the cheapest property type is "Flat" at an average cost of R 808 / m² followed by "House" priced at R 5 080 / m². "Commercial" is the most costly type of property with a R 1 368 833 / m² cost followed by "Land" with an average price of R 938 474 / m².