Property Prices in South Africa

Index Info
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.

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 6.53 6.98 8.14 14.33 12.29 68.87 1.45
Durban 3.71 10.71 9.67 9.34 10.34 43.94 2.28
Johannesburg 3.29 9.65 11.68 10.36 8.56 33.51 2.98
Pretoria 2.55 11.39 11.20 8.78 8.93 30.20 3.31
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