Property Prices in Cape Town, South Africa

Index Info
Price to Income Ratio: 5.32
Mortgage as Percentage of Income: 68.98%
Loan Affordability Index: 1.45
Price to Rent Ratio - City Centre: 12.93
Price to Rent Ratio - Outside of Centre: 13.62
Gross Rental Yield (City Centre): 7.73%
Gross Rental Yield (Outside of Centre): 7.34%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 12,054.05 R 9,500.00-18,000.00
Apartment (1 bedroom) Outside of Centre 8,002.94 R 6,000.00-13,000.00
Apartment (3 bedrooms) in City Centre 25,129.03 R 18,000.00-50,000.00
Apartment (3 bedrooms) Outside of Centre 15,921.88 R 12,000.00-25,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 3,383.94 R 2,787.07-5,574.14
Price per Square Feet to Buy Apartment Outside of Centre 2,313.58 R 1,579.34-3,530.29
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 28,824.98 R
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.71 10.50-13.00

These data are based on 353 entries in the past 18 months from 58 different contributors.
Last update: March 2024

Sources and References
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3 Comments so far
Abdul on Dec 22, 2020:
I need property selling prices per square meter in Cape Town's Residential areas Industrial areas
Business Areas and the Cbd pls. Thanks
Penny Botha L.M. on Nov 10, 2020:
I need property selling prices per square meter in Cape Town's Residential areas Industrial areas
Business Areas
Commercial Areas

Please & Thank you.
Lmbmymail@gmail.com
082 067 2894
Clive Clayton on Aug 01, 2020:
I would like to see what property prices were in 2001 in Cape Town