Property prices for sale in Germiston (Gauteng)

The prices in real estate in Germiston, in the Gauteng 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 1 736 948,67
Average price last 6 months
R 8 620
Price/m² last 6 months
Average price per m2

The price per m² in Germiston has remained the same in the last 6 months. In September, the average price per m² was R 8 818. In October this price pretty much remained the same at a value of R 8 792 per m². In the following two months the price per m² has barely changed, going from R 8 805 to R 8 990,5 per m². The price per m² has decreased 91 % 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 8 897,75 to R 8 064,5 during January, and February.

Average price

Based upon to the price in Germiston (cities & towns), this has gone up in the last 6 months. In our first sample month during September, the average price is R 1 624 087. In October This price remains at R 1 561 050. During the following two months (November, December) the price has had an average incrementation from R 1 592 568,5 to R 1 800 440,5. Based on an analysis of the first four prices and the last two months the average price has gone up 107 % during the last two months.

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 1 719 974 they are 57 % more affordable than the average price for Germiston. The properties with the highest average price have 4 bedrooms, Their price is 162 % more costly than the average. After that we have properties with 3 bedrooms priced at R 1 608 599.

With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of R 4 951 / m², with an average R 7 825 / m² price in Germiston. The properties with the highest average prices have 1 bedroom. They are 39 % more expensive than the average followed by properties with 2 bedrooms with a price at R 9 983 / m².

Price per property type

The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of R 1 719 974 it is 46 % cheaper than the average price in Germiston. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Office" followed by "Commercial". At a price of R 9 566 500 it is 696 % 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 6 967 / m² followed by "Commercial" priced at R 8 196 / m². "Office" is the most costly type of property with a R 13 331 784 / m² cost followed by "Flat" with an average price of R 15 370 / m².

Charts data
Average price February
Average price per m² February
Number of properties used in Germiston
Number of properties used in region Gauteng
R 1 719 974
R 7 825
18 122
615 080
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value