Property Prices Comparison Between South Africa and South Africa

For major cities in those countries you get more relevant data by specifying cities.

City in South Africa:
City in South Africa:

Index	South Africa	South Africa
Price to Income Ratio:	3.36	3.36
Mortgage as Percentage of Income:	42.47%	42.47%
Loan Affordability Index:	2.35	2.35
Price to Rent Ratio - City Centre:	9.84	9.84
Price to Rent Ratio - Outside of Centre:	10.10	10.10
Gross Rental Yield (City Centre):	10.16%	10.16%
Gross Rental Yield (Outside of Centre):	9.90%	9.90%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	South Africa Edit	South Africa Edit	Difference
Apartment (1 bedroom) in City Centre	8,310.57 R	8,310.57 R	0.0 %
Apartment (1 bedroom) Outside of Centre	6,343.55 R	6,343.55 R	0.0 %
Apartment (3 bedrooms) in City Centre	15,861.98 R	15,861.98 R	0.0 %
Apartment (3 bedrooms) Outside of Centre	12,158.46 R	12,158.46 R	0.0 %
Buy Apartment Price	South Africa Edit	South Africa Edit
Price per Square Feet to Buy Apartment in City Centre	1,703.06 R	1,703.06 R	0.0 %
Price per Square Feet to Buy Apartment Outside of Centre	1,336.44 R	1,336.44 R	0.0 %
Salaries And Financing	South Africa Edit	South Africa Edit
Average Monthly Net Salary (After Tax)	24,351.19 R	24,351.19 R	0.0 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	11.31	11.31	0.0 %
Last update:	April 2024	April 2024
Contributors in the past 12 months:	278	278

Country data (source The World Bank, 2024)	South Africa	South Africa
GDP Per Capita (PPP) ($) :	13,500.00	13,500.00
GDP Growth Rate:	1.91	1.91
Population Growth Rate:	1.08	1.08

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