Property Prices in South Africa

Index
Price to Income Ratio:	3.52
Mortgage as Percentage of Income:	40.04%
Loan Affordability Index:	2.50
Price to Rent Ratio - City Centre:	10.56
Price to Rent Ratio - Outside of Centre:	8.91
Gross Rental Yield (City Centre):	9.47%
Gross Rental Yield (Outside of Centre):	11.22%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	6,864.57 R	4,000.00-11,500.00
Apartment (1 bedroom) Outside of Centre	5,854.08 R	4,000.00-8,500.00
Apartment (3 bedrooms) in City Centre	14,624.54 R	9,000.00-25,000.00
Apartment (3 bedrooms) Outside of Centre	11,489.95 R	8,000.00-15,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	1,591.35 R	733.93-3,344.48
Price per Square Feet to Buy Apartment Outside of Centre	1,100.44 R	724.64-1,950.95
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	20,588.58 R
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	9.75	7.00-13.00

These data are based on 1094 entries in the past 18 months from 341 different contributors.
Last update: June 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