Property Prices in South Africa

Index
Price to Income Ratio:	4.03
Mortgage as Percentage of Income:	47.08%
Loan Affordability Index:	2.12
Price to Rent Ratio - City Centre:	12.09
Price to Rent Ratio - Outside of Centre:	9.46
Gross Rental Yield (City Centre):	8.27%
Gross Rental Yield (Outside of Centre):	10.57%

Rent Per Month	[ Edit ]	Range
Apartment (1 bedroom) in City Centre	7,006.11 R	4,500.00-12,000.00
Apartment (1 bedroom) Outside of Centre	5,778.79 R	4,000.00-9,000.00
Apartment (3 bedrooms) in City Centre	13,223.98 R	7,500.00-25,000.00
Apartment (3 bedrooms) Outside of Centre	11,338.47 R	8,000.00-18,000.00
Buy Apartment Price	[ Edit ]
Price per Square Feet to Buy Apartment in City Centre	1,754.99 R	836.12-3,716.09
Price per Square Feet to Buy Apartment Outside of Centre	1,152.91 R	743.22-2,090.30
Salaries And Financing	[ Edit ]
Average Monthly Net Salary (After Tax)	19,431.11 R
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	10.14	7.00-13.00

These data are based on 2278 entries in the past 18 months from 365 different contributors.
Last update: December 2020
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