Property prices for sale in Potchefstroom (North West)

The prices in real estate in Potchefstroom, in the North West 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 1 062 043
Average price last 6 months
R 179 191,5
Price/m² last 6 months
Average price per m2

The price per m² in Potchefstroom has increased strongly during the last 6 months. In January, the average price per m² was R 94 692. In the following month the price per m² increased considerably to R 253 660. The price for the following two months in (March, April) had a considerable increment of 154 %. The price per m² has had a considerable deflation of 43 % 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 220 790,75 to R 95 993 during May, and June.

Average price

Based upon to the price in Potchefstroom (cities & towns), this has gone up in the last 6 months. The price in January is R 959 719, rising in February till R 1 081 583. During the following two months (March, April) the price has had an average incrementation from R 1 020 651 to R 1 144 980. 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 1 082 815,5 to R 1 020 498 in May and June.

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 775 734 they are 22 % more affordable than the average price for Potchefstroom. The properties with the highest average price have 4 bedrooms, Their price is 222 % more costly than the average. After that we have properties with 3 bedrooms priced at R 1 745 630.

With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of R 7 049 / m², with an average R 84 558 / m² price in Potchefstroom. The properties with the highest average prices have 1 bedroom. They are 218 % more expensive than the average followed by properties with 2 bedrooms with a price at R 11 384 / 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 775 734 it is 24 % cheaper than the average price in Potchefstroom. "Flat" is seen as the second most affordable property type. The dearest property type is "Farm" followed by "House". At a price of R 2 442 424 it is 588 % 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 9 311 / m² followed by "Apartment" priced at R 12 460 / m². "Farm" is the most costly type of property with a R 4 548 322 / m² cost followed by "Land" with an average price of R 698 333 / m².

Charts data
Average price June
Average price per m² June
Number of properties used in Potchefstroom
Number of properties used in region North West
R 775 734
R 84 558
11 110
67 432
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value