Property Prices in South Africa
| Index |  |
|---|---|
| Price to Income Ratio: | 3.45 |
| Mortgage as Percentage of Income: | 44.28% |
| Loan Affordability Index: | 2.26 |
| Price to Rent Ratio - City Centre: | 9.94 |
| Price to Rent Ratio - Outside of Centre: | 9.33 |
| Gross Rental Yield (City Centre): | 10.06% |
| Gross Rental Yield (Outside of Centre): | 10.71% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 8,140.90 R | |
| Apartment (1 bedroom) Outside of Centre | 6,582.29 R | |
| Apartment (3 bedrooms) in City Centre | 16,237.06 R | |
| Apartment (3 bedrooms) Outside of Centre | 12,838.67 R | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 1,720.81 R | |
| Price per Square Feet to Buy Apartment Outside of Centre | 1,292.18 R | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 23,501.44 R | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 11.55 |
These data are based on 1692 entries from 280 contributors over the past 18 months.
Last update: April 2025
Our data for each country are based on all entries from all cities in that country.
Sources and References
By City in South Africa
Rank |
City |
Price To Income Ratio |
Gross Rental Yield City Centre |
Gross Rental Yield Outside of Centre |
Price To Rent Ratio City Centre |
Price To Rent Ratio Outside Of City Centre |
Mortgage As A Percentage Of Income |
Affordability Index |
|---|---|---|---|---|---|---|---|---|
| Cape Town | 5.2 | 8.9 | 9.1 | 11.3 | 11.0 | 68.4 | 1.5 | |
| Durban | 4.7 | 8.0 | 6.4 | 12.5 | 15.7 | 62.7 | 1.6 | |
| Johannesburg | 3.1 | 10.0 | 12.6 | 10.0 | 8.0 | 39.7 | 2.5 | |
| Port Elizabeth | 3.3 | 15.8 | 15.5 | 6.3 | 6.4 | 44.0 | 2.3 | |
| Pretoria | 2.6 | 10.8 | 11.4 | 9.3 | 8.8 | 33.4 | 3.0 |
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