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|
Property Prices in South Africa
| Index |  |
|---|---|
| Price to Income Ratio: | 3.61 |
| Mortgage as Percentange of Income: | 43.56% |
| Loan Affordability Index: | 2.30 |
| Price to Rent Ratio - City Centre: | 9.32 |
| Price to Rent Ratio - Outside of Centre: | 9.34 |
| Gross Rental Yield (City Centre): | 10.74% |
| Gross Rental Yield (Outside of Centre): | 10.71% |
| Rent Per Month | [ Edit ] | Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 5,958.36 R | |
| Apartment (1 bedroom) Outside of Centre | 4,970.78 R | |
| Apartment (3 bedrooms) in City Centre | 12,005.03 R | |
| Apartment (3 bedrooms) Outside of Centre | 9,974.59 R | |
| Buy Apartment Price | [ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre | 1,185.45 R | |
| Price per Square Feet to Buy Apartment Outside of Centre | 989.21 R | |
| Salaries And Financing | [ Edit ] | |
| Average Monthly Net Salary (After Tax) | 16,192.53 R | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 10.59 |
These data are based on 1503 entries in the past 18 months from 251 different contributors.
Last update: May 2018
Our data for each country are based on all entries from all cities in that country.
Sources and References:
No sources and references provided yet.
No sources and references provided yet.
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 | 8.56 | 7.02 | 9.40 | 14.24 | 10.63 | 101.47 | 0.99 | |
| Durban | 3.14 | 11.12 | 9.94 | 9.00 | 10.06 | 36.78 | 2.72 | |
| Johannesburg | 3.03 | 10.30 | 11.18 | 9.71 | 8.94 | 36.58 | 2.73 | |
| Port Elizabeth | 2.28 | 18.64 | 16.81 | 5.37 | 5.95 | 27.59 | 3.62 | |
| Pretoria | 2.77 | 13.48 | 12.97 | 7.42 | 7.71 | 34.25 | 2.92 |
More about South Africa:
Cost of Living
| Crime
| Climate
| Food Prices
| Gas Prices
| Health Care
| Pollution
| Property Prices
| Quality of Life
| Taxi Fare
| Traffic
We would like to gather more data for:
Alexandra, Amersfoort, Bethulie, Bloubergstrand (Blaauwberg), Bonaero Park, Botshabelo, Brakpan, Drummond, Emalahleni, Ermelo, Eshowe, ... Update information for South Africa!