Property prices for sale in Port Elizabeth (Eastern Cape)

The prices in real estate in Port Elizabeth, in the Eastern Cape 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 1 541 368,17
Average price last 6 months
R 8 130,5
Price/m² last 6 months
Average price per m2

The price per m² in Port Elizabeth has remained the same in the last 6 months. In September, the average price per m² was R 7 815. In the following month the price per m² increased to R 8 229. In the following two months the price per m² has increased 106 %, going from R 8 022 to R 8 480,5 per m². The price per m² has barely changed in the last two months compared to the average price of the previous four months going from an average price of R 8 251,25 to R 7 889 during January y February

Average price

Based upon to the price in Port Elizabeth (cities & towns), this has gone up considerably in the last 6 months. The average price during our first sample month during September, is R 1 259 750. During October the price went through a considerable rise reaching R 1 463 012. During the following two months (November, December) the average price had a considerable increase of 131 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from R 1 574 507,25 to R 1 475 090 in January and February.

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 1 560 199 they are 68 % more affordable than the average price for Port Elizabeth. The properties with the highest average price have 4 bedrooms, Their price is 61 % more costly than the average. After that we have properties with 3 bedrooms priced at R 1 459 948.

With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of R 7 729 / m², with an average R 8 277 / m² price in Port Elizabeth. The properties with the highest average prices have 1 bedroom. They are 22 % more expensive than the average followed by properties with 2 bedrooms with a price at R 9 322 / 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 1 560 199 it is 54 % cheaper than the average price in Port Elizabeth. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of R 1 388 591 it is 21 % more expensive than the average price.

According to the average cost per m², the cheapest property type is "Land" at an average cost of R 7 493 / m² followed by "House" priced at R 7 883 / m². "Townhouse" is the most costly type of property with a R 9 027 / m² cost followed by "Apartment" with an average price of R 8 998 / m².

Charts data
Average price February
Average price per m² February
Number of properties used in Port Elizabeth
Number of properties used in region Eastern Cape
R 1 560 199
R 8 277
10 154
32 428
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
4 Bedroom House In Seaview
 12
4 Bedroom House In Seaview
R 15 000
Port Elizabeth, Eastern Cape - To Rent - House - 500 m² - 4 bedrooms - 2 bathrooms
4 bedroom, 2 bathroom house on a working dairy farm spacious 4 bedroom, 2 bathroom house located on a working dairy farm. 10km from mount pleasant on the new seaview rd outside port elizabeth...
Commercial Property To Rent In Port Elizabeth Central For R 100
 1
Commercial Property To Rent In Port Elizabeth Central For R 100
Request Details
Port Elizabeth, Eastern Cape - To Rent - Commercial
These well appointed a grade offices in park drive, port elizabeth are available from 1 november 2017. The property boasts elegant finishes with great individual offices and open plan areas on two...
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 1
Apartment / Flat To Rent In Port Elizabeth Central For R 5 200
Request Details
Port Elizabeth, Eastern Cape - To Rent - Apartment
With bic*bathroom*open plan lounge/kitchen*kitchen with bic and built-in stove/oven situated in port elizabeth central. Secure complex. Great views! Rent: r 5200 p/mdeposit: r 5000water: r 80 p/mprepaid...
Commercial Property To Rent In North End For R 19 965
 1
Commercial Property To Rent In North End For R 19 965
Request Details
Port Elizabeth, Eastern Cape - To Rent - Commercial
This busy commercial space is ideally situated in visually prominent building in the main road of port elizabeth, with offices on the 8th floor available for rent. The building offers a mixture...
4 Bedroom House To Rent In Humewood For R 15 000
 1
4 Bedroom House To Rent In Humewood For R 15 000
Request Details
Port Elizabeth, Eastern Cape - To Rent - House - 4 bedrooms - 3 bathrooms
; approximately 500m from port elizabeth's famous king's beach; 3.5 km from the port elizabeth airport; and 5km...