The prices in real estate in Gansbaai, in the Western Cape 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 Gansbaai has remained the same in the last 6 months. In September, the average price per m² was R 10 162. In October this price pretty much remained the same at a value of R 10 583 per m². In the following two months the price per m² has barely changed, going from R 10 372,5 to R 10 481 per m². The price per m² has decreased 90 % 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 10 426,75 to R 9 435 during January, and February.
Based upon to the price in Gansbaai (cities & towns), this has gone up in the last 6 months. The price in September is R 2 566 988, rising in October till R 2 724 300. In the following two months the average price has remained the same with regard to the previous two months from R 2 645 644 to R 2 776 068,5. 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 2 710 856,25 and R 2 833 645,5 between January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of R 2 729 094 they are 62 % more affordable than the average price for Gansbaai. The properties with the highest average price have 4 bedrooms, Their price is 7 % more costly than the average. After that we have properties with 3 bedrooms priced at R 2 329 458.
With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of R 5 458 / m², with an average R 10 345 / m² price in Gansbaai. The properties with the lowest average prices have 2 bedrooms. They are 22 % cheaper than the average followed by properties with 3 bedrooms with a price at R 7 244 / m².
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of R 2 729 094 it is 81 % cheaper than the average price in Gansbaai. "Apartment" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of R 2 619 586 it is 2 % 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 6 800 / m² followed by "Apartment" priced at R 520 941 / m². "Commercial" is the most costly type of property with a R 2 773 924 / m² cost followed by "Land" with an average price of R 522 323 / m².