Apartment Size |
May | vs Last Month |
---|---|---|
1-bed apartments | ZAR 950,000 | -11.2% |
2-bed apartments | ZAR 1,200,000 | -32.7% |
3-bed apartments | ZAR 3,122,500 | N/A |
4+ bed apartments | ZAR 2,599,166 | -8.8% |
During May 2023, the average price for an apartment in/near Plumstead, Cape Town, 7801, South Africa increased by 17.5% to ZAR 2,512,000.
After collecting all data points, we now see that the average price for 1-bed apartment decreased by 11.2% to ZAR 950,000. Asking price for 2-bed apartment also decreased by 32.7% and a place of this size will now cost you ZAR 1,200,000. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for ZAR 3,122,500. We discerned the rise of 4- and more bed apartment pricing. It decreased by 8.8% and made it down to ZAR 2,599,166.
Listing Type |
May | vs Last Month |
---|---|---|
Houses for sale | ZAR 2,623,571 | -7.9% |
Apartments for sale | ZAR 950,000 | -24.6% |
The average cost of an apartment in Plumstead, Cape Town, 7801, South Africa decreased by 24.6% to ZAR 950,000. Price reports demonstrate that house price decreased by 7.9% this month making it up to ZAR 2,623,571. Value of the townhouses didn’t change, the price still starts at ZAR 1,950,000.