Property Prices in South Africa
| Index |  |
|---|---|
| Price to Income Ratio: | 4.12 |
| Mortgage as Percentage of Income: | 49.97% |
| Loan Affordability Index: | 2.00 |
| Price to Rent Ratio - City Centre: | 11.18 |
| Price to Rent Ratio - Outside of Centre: | 9.38 |
| Gross Rental Yield (City Centre): | 8.95% |
| Gross Rental Yield (Outside of Centre): | 10.66% |
| Rent Per Month | [ Edit ] | Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 6,630.38 R | |
| Apartment (1 bedroom) Outside of Centre | 5,720.96 R | |
| Apartment (3 bedrooms) in City Centre | 13,451.64 R | |
| Apartment (3 bedrooms) Outside of Centre | 11,059.12 R | |
| Buy Apartment Price | [ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre | 1,588.13 R | |
| Price per Square Feet to Buy Apartment Outside of Centre | 1,123.60 R | |
| Salaries And Financing | [ Edit ] | |
| Average Monthly Net Salary (After Tax) | 17,704.18 R | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 10.68 |
These data are based on 3339 entries in the past 18 months from 539 different contributors.
Last update: May 2020
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 | 8.12 | 6.63 | 8.47 | 15.07 | 11.81 | 97.51 | 1.03 | |
| Durban | 3.56 | 10.02 | 9.87 | 9.98 | 10.13 | 43.74 | 2.29 | |
| Johannesburg | 3.50 | 10.73 | 11.56 | 9.32 | 8.65 | 41.81 | 2.39 | |
| Port Elizabeth | 2.96 | 8.27 | 11.38 | 12.09 | 8.78 | 36.37 | 2.75 | |
| Pretoria | 2.42 | 12.48 | 12.17 | 8.01 | 8.21 | 29.56 | 3.38 |
This page in other languages:
DeutschImmobilienpreise in Südafrika
PortuguêsPreços de Imóveis na África do Sul
ItalianoPrezzi delle proprietà immobiliari in Sudafrica
FrançaisPrix de l'immobilier en Afrique du sud
EspañolPrecios de Inmuebles en Sudáfrica