Property prices for sale in Grabouw (Western Cape)

The prices in real estate in Grabouw, in the Western Cape region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.

R 2 339 579,17
Average price last 6 months
R 3 585,67
Price/m² last 6 months
Average price per m2

The price per m² in Grabouw has had a strong decrease during the last 6 months. In November, the average price per m² was R 5 165. In the following month the price per m² decreased considerably to R 3 704. The price for the following two months in (January, February) had a considerable decrease of 84 with regard to the prior two months. The price per m² has had a considerable deflation of 63 % 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 4 084,5 to R 2 588 during March, and April.

Average price

Based upon to the price in Grabouw (cities & towns), this has gone up considerably in the last 6 months. In our first sample month during November, the average price is R 1 966 563. In December This price remains at R 1 897 000. During the following two months (January, February) the average price had a considerable increase of 141 % 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 2 324 696,25 and R 2 369 345 between March and April.

Average price per bedrooms

The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 40 % more costly than the average price of R 4 674 508 in Grabouw. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 40 % more expensive than the average aforementioned.

With regard to the average prices per m² those properties with 1 bedroom are 146990 % more costly than the average price of (R 4 674 508 / m²) in Grabouw. Properties with the most expensive price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 146990 % more costly than the average value aforementioned.

Charts data
Average price April
Average price per m² April
Number of properties used in Grabouw
Number of properties used in region Western Cape
R 3 327 857
R 3 178
106
198 480
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
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