Property prices for sale in Zimbali (Kwazulu-natal)

The prices in real estate in Zimbali, in the Kwazulu-natal region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.

R 7 338 547,67
Average price last 6 months
R 8 896,17
Price/m² last 6 months
Average price per m2

The price per m² in Zimbali has had a strong decrease during the last 6 months. In October, the average price per m² was R 14 106. In the following month the price per m² increased to R 15 920. The price for the following two months in (December, January) had a considerable decrease of 53 with regard to the prior two months. The price per m² has had a considerable deflation of 32 % 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 11 514,5 to R 3 659,5 during February, and March.

Average price

Based upon to the price in Zimbali (cities & towns), this has gone downing the last 6 months. The average price during our first sample month during October, is R 8 220 000. During November the price went through a considerable rise reaching R 10 200 000. During the following two months (December, January) the average price had a considerable reduction of 85 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from R 8 497 500 to R 5 020 643, which means a 59 % fall.

Average price per bedrooms

The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 37 % more costly than the average price of R 7 003 056 in Zimbali. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 37 % more expensive than the average aforementioned.

With regard to the average prices per m² those properties with 1 bedroom are 169836 % more costly than the average price of (R 7 003 056 / m²) in Zimbali. Properties with the most expensive price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 169836 % more costly than the average value aforementioned.

Charts data
Average price March
Average price per m² March
Number of properties used in Zimbali
Number of properties used in region Kwazulu-natal
R 5 124 286
R 4 121
58
186 544
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value