Median price for residential apartments in Midrand, South Africa as of Dec, 2022.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
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2,383 Midrand, South Africa apartments for sale
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How much does an apartment cost in Midrand, South Africa
Average apartment sale in Midrand: ZAR 3,761,866 (+9.2%)
| Apartment Size | Dec | vs Last Month |
|---|---|---|
| Studio apartments | ZAR 6,650,563 | -2.4% |
| 1-bed apartments | ZAR 828,513 | +26.1% |
| 2-bed apartments | ZAR 972,698 | -5.4% |
| 3-bed apartments | ZAR 2,126,438 | +0.9% |
| 4+ bed apartments | ZAR 9,303,715 | +6.9% |
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.
| Listing Type | Dec | vs Last Month |
|---|---|---|
| Apartments for sale | ZAR 1,114,432 | -12.4% |
| Houses for sale | ZAR 5,565,175 | +13.8% |
| Townhouses for sale | ZAR 1,471,083 | +13.7% |
| Land for sale | ZAR 5,825,830 | -28.3% |
| Other for sale | ZAR 14,903,846 | +44.2% |
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.
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