Median price for residential apartments in Newtown, Johannesburg, 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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5 Newtown, Johannesburg, South Africa apartments for sale
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Housing Trends
How much does an apartment cost in Newtown, Johannesburg, South Africa
Average apartment sale in Newtown: ZAR 2,249,977 (-2.4%)
| Apartment Size | Dec | vs Last Month |
|---|---|---|
| Studio apartments | ZAR 4,192,055 | +30.7% |
| 1-bed apartments | ZAR 1,025,396 | -15.6% |
| 2-bed apartments | ZAR 1,218,589 | -1.5% |
| 3-bed apartments | ZAR 1,772,749 | -7.2% |
| 4+ bed apartments | ZAR 3,610,405 | -5.3% |
During Dec 2022, the average price for an apartment in/near Newtown, Johannesburg, South Africa decreased by 2.4% to ZAR 2,249,977.
Knowing the current property prices is key if you plan to buy a studio in Newtown, Johannesburg, South Africa. The average price for a studio has increased since the last month, currently being ZAR 4,192,055. After collecting all data points, we now see that the average price for 1-bed apartment decreased by 15.6% to ZAR 1,025,396. Asking price for 2-bed apartment also decreased by 1.5% and a place of this size will now cost you ZAR 1,218,589. A 3-bed apartment goes for ZAR 1,772,749, it decreased by 7.2% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 5.3% and made it down to ZAR 3,610,405.
| Listing Type | Dec | vs Last Month |
|---|---|---|
| Apartments for sale | ZAR 1,534,647 | -6.1% |
| Houses for sale | ZAR 2,450,745 | -1.3% |
| Townhouses for sale | ZAR 1,338,304 | -21.5% |
| Other for sale | ZAR 23,250,000 | +49% |
| Land for sale | ZAR 2,188,208 | -33.8% |
The average cost of an apartment in Newtown, Johannesburg, South Africa decreased by 6.1% to ZAR 1,534,647. Price reports demonstrate that house price decreased by 1.3% this month making it up to ZAR 2,450,745. The property value of townhouses decreased by 21.5%, you’ll have to spend around ZAR 1,338,304 to get one. The average price of the land for sale in Newtown, Johannesburg, South Africa has decreased by 33.8%, and now equals ZAR 2,188,208. The price for other types of properties for sale has changed since Nov, increased by 49%. Now, the price is ZAR 23,250,000 on average.
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