Property prices for sale in Southern Suburbs (Western Cape)

The prices in real estate in Southern Suburbs, in the Western 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 2 895 929,83
Average price last 6 months
R 14 291,67
Price/m² last 6 months
Average price per m2

The price per m² in Southern Suburbs has remained the same in the last 6 months. In September, the average price per m² was R 13 792. In October this price pretty much remained the same at a value of R 13 332 per m². In the following two months the price per m² has barely changed, going from R 13 562 to R 13 957,5 per m². The price per m² has increased 112 % 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 13 759,75 to R 15 355,5 during January, and February.

Average price

Based upon to the price in Southern Suburbs (cities & towns), this has gone downing the last 6 months. The average price for September is R 3 085 586. During October the price had a slight fall till R 2 673 810. In the following two months the average price has remained the same with regard to the previous two months from R 2 879 698 to R 2 830 016,5. 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 2 854 857,25 and R 2 978 075 between 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 2 953 950 they are 53 % more affordable than the average price for Southern Suburbs. The properties with the highest average price have 4 bedrooms, Their price is 115 % more costly than the average. After that we have properties with 3 bedrooms priced at R 3 026 412.

With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of R 9 487 / m², with an average R 15 794 / m² price in Southern Suburbs. The properties with the highest average prices have 1 bedroom. They are 76 % more expensive than the average followed by properties with 2 bedrooms with a price at R 19 350 / m².

Price per property type

The graph displaying the average prices displays the property type "Flat" as the most affordable one. At an cost of R 2 953 950 it is 56 % cheaper than the average price in Southern Suburbs. "Apartment" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of R 4 833 512 it is 133 % more expensive than the average price.

According to the average cost per m², the cheapest property type is "House" at an average cost of R 8 313 / m² followed by "Townhouse" priced at R 19 204 / m². "Commercial" is the most costly type of property with a R 6 875 402 / m² cost followed by "Apartment" with an average price of R 24 800 / m².

Charts data
Average price February
Average price per m² February
Number of properties used in Southern Suburbs
Number of properties used in region Western Cape
R 2 953 950
R 15 794
7 378
240 036
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value