Property prices for sale in Ballito (Kwazulu-natal)

The prices in real estate in Ballito, 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.

R 4 187 780,83
Average price last 6 months
R 579 432,5
Price/m² last 6 months
Average price per m2

The price per m² in Ballito has remained the same in the last 6 months. In February, the average price per m² was R 593 663. In the following month the price per m² decreased considerably to R 310 465. The price for the following two months in (April, May) had a considerable increment of 240 %. The price per m² has had a considerable deflation of 26 % 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 767 609,75 to R 203 078 during June, and July.

Average price

Based upon to the price in Ballito (cities & towns), this has gone up considerably in the last 6 months. The average price during our first sample month during February, is R 3 421 175. During March the price went through a considerable rise reaching R 4 310 431. During the following two months (April, May) the average price had a considerable increase of 117 % with regard to the previous two months. 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 4 189 415,5 and R 4 184 511,5 between June and July.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of R 4 387 163 they are 68 % more affordable than the average price for Ballito. The properties with the highest average price have 4 bedrooms, Their price is 52 % more costly than the average. After that we have properties with 3 bedrooms priced at R 4 204 950.

With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of R 18 450 / m², with an average R 20 623 / m² price in Ballito. The properties with the highest average prices have 1 bedroom. They are 24 % more expensive than the average followed by properties with 2 bedrooms with a price at R 22 594 / m².

Price per property type

The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of R 4 387 163 it is 69 % cheaper than the average price in Ballito. "Flat" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of R 4 981 738 it is 43 % more expensive than the average price.

According to the average cost per m², the cheapest property type is "House" at an average cost of R 18 755 / m² followed by "Townhouse" priced at R 20 377 / m². "Flat" is the most costly type of property with a R 2 156 441 / m² cost followed by "Commercial" with an average price of R 1 207 838 / m².

Charts data
Average price July
Average price per m² July
Number of properties used in Ballito
Number of properties used in region Kwazulu-natal
R 4 387 163
R 20 623
20 736
231 626
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value