NUMBEO

Property Prices in South Africa

Index Info
Price to Income Ratio: 3.47
Mortgage as Percentange of Income: 41.16%
Loan Affordability Index: 2.43
Price to Rent Ratio - City Centre: 9.94
Price to Rent Ratio - Outside of Centre: 9.38
Gross Rental Yield (City Centre): 10.07%
Gross Rental Yield (Outside of Centre): 10.66%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 5,823.29 R 3,500.00-10,000.00
Apartment (1 bedroom) Outside of Centre 4,726.42 R 3,000.00-7,000.00
Apartment (3 bedrooms) in City Centre 11,587.80 R 6,500.00-20,000.00
Apartment (3 bedrooms) Outside of Centre 9,530.03 R 6,000.00-15,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 1,228.41 R 619.38-2,787.07
Price per Square Feet to Buy Apartment Outside of Centre 947.73 R 650.32-1,486.44
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 16,898.70 R
Mortgage Interest Rate in Percentages (%), Yearly 10.37 9.00-12.00

These data are based on 1205 entries in the past 18 months from 189 different contributors.
Last update: October 2017
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

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 6.73 7.52 10.29 13.30 9.72 80.09 1.25
Durban 3.29 11.83 9.88 8.45 10.12 37.49 2.67
Johannesburg 2.50 11.56 12.85 8.65 7.79 30.19 3.31
Port Elizabeth 3.94 11.66 11.69 8.58 8.55 47.32 2.11
Pretoria 2.27 14.22 12.00 7.03 8.33 26.77 3.74
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We would like to gather more data for: Alexandra, Amersfoort, Bellville, Bethulie, Bloubergstrand (Blaauwberg), Bonaero Park, Botshabelo, Brakpan, Drummond, Ermelo, Eshowe, ... Update information for South Africa!