Property prices for sale in Benoni (Gauteng)

The prices in real estate in Benoni, 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 1 484 607,67
Average price last 6 months
R 64 669,67
Price/m² last 6 months
Average price per m2

The price per m² in Benoni has increased strongly during the last 6 months. In December, the average price per m² was R 16 640. In the following month the price per m² increased considerably to R 38 657. The price for the following two months in (February, March) had a considerable increment of 375 %. 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 65 728,5 to R 62 552 during April y May

Average price

Based upon to the price in Benoni (cities & towns), these have remained the same in the last 6 months. The average price during our first sample month during December, is R 1 547 581. During January the price went through a considerable rise reaching R 1 830 565. During the following two months (February, March) the average price had a considerable reduction of 80 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from R 1 523 090 to R 1 407 643 in April and May.

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 1 411 825 they are 46 % more affordable than the average price for Benoni. The properties with the highest average price have 4 bedrooms, Their price is 142 % more costly than the average. After that we have properties with 3 bedrooms priced at R 1 785 205.

With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of R 6 684 / m², with an average R 8 819 / m² price in Benoni. The properties with the highest average prices have 1 bedroom. They are 13229 % more expensive than the average followed by properties with 2 bedrooms with a price at R 9 562 / 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 1 411 825 it is 50 % cheaper than the average price in Benoni. "Apartment" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Commercial". At a price of R 3 173 444 it is 169 % more expensive than the average price.

According to the average cost per m², the most expensive property type would be "Townhouse" at an average cost of R 9 695 / m² followed by "Apartment" priced at R 9 759 / m². "Land" is the most costly type of property with a R 3 796 667 / m² cost followed by "Commercial" with an average price of R 3 173 444 / m².

Charts data
Average price May
Average price per m² May
Number of properties used in Benoni
Number of properties used in region Gauteng
R 1 411 825
R 8 819
20 216
843 404
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value