Property Prices in South Africa

Index
Price to Income Ratio:	3.81
Mortgage as Percentage of Income:	43.96%
Loan Affordability Index:	2.27
Price to Rent Ratio - City Centre:	12.03
Price to Rent Ratio - Outside of Centre:	9.59
Gross Rental Yield (City Centre):	8.31%
Gross Rental Yield (Outside of Centre):	10.43%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	6,678.00 R	4,000.00-12,000.00
Apartment (1 bedroom) Outside of Centre	5,688.99 R	4,000.00-8,500.00
Apartment (3 bedrooms) in City Centre	12,784.82 R	7,500.00-25,000.00
Apartment (3 bedrooms) Outside of Centre	10,921.26 R	7,455.56-17,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	1,674.91 R	836.12-3,716.09
Price per Square Feet to Buy Apartment Outside of Centre	1,138.58 R	743.22-2,090.30
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	19,895.37 R
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	9.97	7.00-13.00

These data are based on 2155 entries in the past 18 months from 338 different contributors.
Last update: March 2021
Our data for each country are based on all entries from all cities in that country.

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By City in South Africa