Property prices for sale in Kwambonambi (Kwazulu-natal)
The prices in real estate in Kwambonambi, in the Kwazulu-natal region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per m² in Kwambonambi has increased during the last 6 months. In October, the average price per m² was R 3 320. In the following month the price per m² increased to R 3 737. The price for the following two months in (December, January) decreased 89 % with regard to the prior two months. The price per m² has increased 114 % 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 3 335 to R 3 788,5 during February, and March.
Based upon to the price in Kwambonambi (cities & towns), this has gone downing the last 6 months. In our first sample month during October, the average price is R 1 923 750. In November This price remains at R 1 828 381. In the following two months the average price has remained the same with regard to the previous two months from R 1 876 065,5 to R 1 946 844. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 86 %, going from R 1 911 454,75 to R 1 640 916,5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of R 1 694 333 they are 71 % more affordable than the average price for Kwambonambi. The properties with the lowest average price have 4 bedrooms, Their price is 16 % cheaper than the average. After that we have properties with 1 bedroom priced at R 1 335 827.
With regard to the average price per m² , those properties with 3 bedrooms are the cheapest ones at a cost of R 3 211 / m², with an average R 3 635 / m² price in Kwambonambi. The properties with the highest average prices have 1 bedroom. They are 36649 % more expensive than the average followed by properties with 2 bedrooms with a price at R 5 615 / m².
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of R 1 694 333 it is 60 % cheaper than the average price in Kwambonambi. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of R 672 801 it is 9 % more affordable than the average price.
According to the average cost per m², the most expensive property type would be "House" at an average cost of R 4 352 / m² followed by "Townhouse" priced at R 9 760 / m². "Townhouse" is the most costly type of property with a R 9 760 / m² cost followed by "House" with an average price of R 4 352 / m².
