Property Prices in South Africa

Index Info
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.

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 7.02 6.80 8.68 14.71 11.52 77.87 1.28
Durban 3.66 10.54 9.36 9.48 10.69 43.69 2.29
Johannesburg 3.28 10.32 11.08 9.69 9.02 35.58 2.81
Pretoria 2.57 11.28 10.90 8.86 9.17 30.64 3.26
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