Property prices for sale in Tongaat (Kwazulu-natal)

The prices in real estate in Tongaat, in the Kwazulu-natal region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.

R 2 170 032,83
Average price last 6 months
R 10 150,67
Price/m² last 6 months
Average price per m2

The price per m² in Tongaat has increased during the last 6 months. In September, the average price per m² was R 9 737. In October this price pretty much remained the same at a value of R 9 652 per m². The price for the following two months in (November, December) decreased 91 % with regard to the prior two months. The price per m² has had a considerable increase of 128 % 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 9 277,5 to R 11 897 during January, and February.

Average price

Based upon to the price in Tongaat (cities & towns), this has gone up considerably in the last 6 months. In our first sample month during September, the average price is R 1 782 508. In October This price remains at R 1 773 967. During the following two months (November, December) the average price had a considerable increase of 117 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 137 % during the last two months.

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 1 701 412 they are 70 % more affordable than the average price for Tongaat. The properties with the highest average price have 3 bedrooms, Their price is 24 % more costly than the average. After that we have properties with 4 bedrooms priced at R 2 095 290.

With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of R 4 325 / m², with an average R 13 423 / m² price in Tongaat. The properties with the highest average prices have 2 bedrooms. They are 7 % more expensive than the average followed by properties with 1 bedroom with a price at R 13 378 / 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 1 701 412 it is 26 % cheaper than the average price in Tongaat. "Apartment" is seen as the second most affordable property type. The dearest property type is "Farm" followed by "Townhouse". At a price of R 2 743 247 it is 390 % more expensive than the average price.

According to the average cost per m², the cheapest property type is "Flat" at an average cost of R 4 149 / m² followed by "House" priced at R 4 584 / m². "Farm" is the most costly type of property with a R 8 343 848 / m² cost followed by "Apartment" with an average price of R 11 671 / m².

Charts data
Average price February
Average price per m² February
Number of properties used in Tongaat
Number of properties used in region Kwazulu-natal
R 1 701 412
R 13 423
216
206 880
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value