Property prices for sale in Meyerton (Gauteng)

The prices in real estate in Meyerton, in the Gauteng region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.

R 1 353 325,33
Average price last 6 months
R 491 159,67
Price/m² last 6 months
Average price per m2

The price per m² in Meyerton has increased strongly during the last 6 months. In January, the average price per m² was R 257 790. In the following month the price per m² increased considerably to R 478 363. The price for the following two months in (March, April) had a considerable increment of 178 %. The price per m² has decreased 88 % 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 512 492 to R 448 495 during May, and June.

Average price

Based upon to the price in Meyerton (cities & towns), this has fallen considerably in the last 6 months. The average price for January is R 1 616 181. During February the price had a considerable reduction till R 1 229 953. During the following two months (March, April) the average price fell 90 % 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 1 349 205,25 and R 1 361 565,5 between May and June.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of R 1 293 881 they are 44 % more affordable than the average price for Meyerton. The properties with the highest average price have 4 bedrooms, Their price is 59 % more costly than the average. After that we have properties with 3 bedrooms priced at R 1 431 809.

With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of R 6 660 / m², with an average R 535 282 / m² price in Meyerton. The properties with the highest average prices have 1 bedroom. They are 91 % more expensive than the average followed by properties with 2 bedrooms with a price at R 8 965 / m².

Price per property type

The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of R 1 293 881 it is 62 % cheaper than the average price in Meyerton. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Farm". At a price of R 2 448 637 it is 251 % more expensive than the average price.

According to the average cost per m², the cheapest property type is "Townhouse" at an average cost of R 8 508 / m² followed by "Apartment" priced at R 9 757 / m². "Commercial" is the most costly type of property with a R 4 546 250 / m² cost followed by "Farm" with an average price of R 2 448 637 / m².

Charts data
Average price June
Average price per m² June
Number of properties used in Meyerton
Number of properties used in region Gauteng
R 1 293 881
R 535 282
7 280
786 744
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value