During Dec 2022, the average price for an apartment in/near Midrand, South Africa increased by 9.2% to ZAR 3,761,866.
Knowing the current property prices is key if you plan to buy a studio in Midrand, South Africa. The average price for a studio has decreased since the last month, currently being ZAR 6,650,563. After collecting all data points, we now see that the average price for 1-bed apartment increased by 26.1% to ZAR 828,513. Asking price for 2-bed apartment also decreased by 5.4% and a place of this size will now cost you ZAR 972,698. A 3-bed apartment goes for ZAR 2,126,438, it increased by 0.9% lately. We discerned the rise of 4- and more bed apartment price. It increased by 6.9% and made it up to ZAR 9,303,715.
The average cost of an apartment in Midrand, South Africa decreased by 12.4% to ZAR 1,114,432. Price reports demonstrate that house price increased by 13.8% this month making it up to ZAR 5,565,175. The property value of townhouses increased by 13.7%, you’ll have to spend around ZAR 1,471,083 to get one. The average price of the land for sale in Midrand, South Africa has decreased by 28.3%, and now equals ZAR 5,825,830. The price for other types of properties for sale has changed since Nov, increased by 44.2%. Now, the price is ZAR 14,903,846 on average.