Property prices for sale in Umlazi (Kwazulu-natal)

The prices in real estate in Umlazi, in the Kwazulu-natal 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 749 220,33
Average price last 6 months
R 2 201,17
Price/m² last 6 months
Average price per m2

The price per m² in Umlazi has increased strongly during the last 6 months. In September, the average price per m² was R 1 823. In the following month the price per m² increased considerably to R 2 165. The price for the following two months in (November, December) had a considerable increment of 126 %. The price per m² has decreased 93 % 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 2 254 to R 2 095,5 during January, and February.

Average price

Based upon to the price in Umlazi (cities & towns), this has gone downing the last 6 months. In our first sample month during September, the average price is R 782 694. In October This price remains at R 759 919. In the following two months the average price has remained the same with regard to the previous two months from R 771 306,5 to R 744 447. 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 757 876,75 and R 731 907,5 between January and February.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of R 728 360 they are 24 % more affordable than the average price for Umlazi. The properties with the highest average price have 3 bedrooms, Their price is 10 % more costly than the average. After that we have properties with 1 bedroom priced at R 709 425.

With regard to the average price per m² , those properties with 2 bedrooms are the cheapest ones at a cost of R 1 428 / m², with an average R 1 947 / m² price in Umlazi. The properties with the highest average prices have 1 bedroom. They are 36337 % more expensive than the average followed by properties with 3 bedrooms with a price at R 2 966 / m².

Price per property type

The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of R 728 360 it is 0 % cheaper than the average price in Umlazi. "Land" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of R 726 125 it is 282 % more expensive than the average price.

According to the average cost per m², the most expensive property type would be "House" at an average cost of R 481 702 / m² followed by "Land" priced at R 2 781 489 / m². "Land" is the most costly type of property with a R 2 781 489 / m² cost followed by "House" with an average price of R 481 702 / m².

Charts data
Average price February
Average price per m² February
Number of properties used in Umlazi
Number of properties used in region Kwazulu-natal
R 728 360
R 1 947
354
206 880
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value