Property Prices in Durban, South Africa

Index Info
Price to Income Ratio: 3.03
Mortgage as Percentage of Income: 39.22%
Loan Affordability Index: 2.55
Price to Rent Ratio - City Centre: 8.81
Price to Rent Ratio - Outside of Centre: 6.72
Gross Rental Yield (City Centre): 11.35%
Gross Rental Yield (Outside of Centre): 14.87%
Rent Per Month
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1 Bedroom Apartment in City Centre R7,510.91 5,720.00-10,000.00
1 Bedroom Apartment Outside of City Centre R6,128.33 4,000.00-9,000.00
3 Bedroom Apartment in City Centre R14,169.23 10,000.00-23,000.00
3 Bedroom Apartment Outside of City Centre R12,800.00 9,500.00-21,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre R1,370.82 1,300.63-1,932.37
Price per Square Feet to Buy Apartment Outside of Centre R895.45 836.12-1,036.23
Salaries And Financing
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Average Monthly Net Salary (After Tax) R20,101.71
Annual Mortgage Interest Rate (20-Year Fixed, in %) 11.66 11.00-13.00

These data are based on 119 entries from 18 contributors over the past 18 months.
Last update: 1 July 2026

Sources and References
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