Property Prices in Port Elizabeth, South Africa
| Index |  |
|---|---|
| Price to Income Ratio: | 3.75 |
| Mortgage as Percentage of Income: | 48.35% |
| Loan Affordability Index: | 2.07 |
| Price to Rent Ratio - City Centre: | 5.45 |
| Price to Rent Ratio - Outside of Centre: | 7.58 |
| Gross Rental Yield (City Centre): | 18.36% |
| Gross Rental Yield (Outside of Centre): | 13.19% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 11,000.00 R | |
| Apartment (1 bedroom) Outside of Centre | 6,833.33 R | |
| Apartment (3 bedrooms) in City Centre | 23,000.00 R | |
| Apartment (3 bedrooms) Outside of Centre | 12,181.82 R | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 1,302.49 R | |
| Price per Square Feet to Buy Apartment Outside of Centre | 1,045.26 R | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 16,855.82 R | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 11.62 |
These data are based on 73 entries in the past 18 months from 16 different contributors.
Last update: April 2024
Sources and References
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Can you please email me cost of living figures for 2003, for food, rent, elec, water, municipal rates and internet, for a single person living in the (white - middle class) outer suburbs of Port Elizabeth, S.Africa?
Thank you, regards, Nathan.