Property prices for sale in Mabopane (Gauteng)

The price per m² in Mabopane has had a strong decrease during the last 6 months. In October, the average price per m² was R 5 514. In the following month the price per m² decreased to R 4 952. The price for the following two months in (December, January) had a considerable decrease of 73 with regard to the prior two months. The price per m² has decreased 87 % 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 4 518,5 to R 3 920 during February, and March.

Based upon to the price in Mabopane (cities & towns), these have remained the same in the last 6 months. In our first sample month during October, the average price is R 718 929. In November This price remains at R 695 592. During the following two months (December, January) the price has had an average incrementation from R 707 260,5 to R 746 694,5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 87 %, going from R 726 977,5 to R 634 619 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 605 150 they are 24 % more affordable than the average price for Mabopane. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 58 % more expensive than the average aforementioned.

With regard to the average price per m² , those properties with 3 bedrooms are the cheapest ones at a cost of R 2 556 / m², with an average R 4 497 / m² price in Mabopane. Properties with the most expensive price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 21180 % more costly than the average value aforementioned.