Property Prices in South Africa

Index
Price to Income Ratio:	3.21
Mortgage as Percentage of Income:	33.17%
Loan Affordability Index:	3.01
Price to Rent Ratio - City Centre:	9.41
Price to Rent Ratio - Outside of Centre:	8.21
Gross Rental Yield (City Centre):	10.63%
Gross Rental Yield (Outside of Centre):	12.18%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	7,699.67 R	4,500.00-15,000.00
Apartment (1 bedroom) Outside of Centre	6,406.65 R	4,500.00-9,000.00
Apartment (3 bedrooms) in City Centre	14,434.30 R	8,000.00-27,000.00
Apartment (3 bedrooms) Outside of Centre	12,836.12 R	8,500.00-20,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	1,495.73 R	743.22-3,530.29
Price per Square Feet to Buy Apartment Outside of Centre	1,120.51 R	696.77-2,322.56
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	21,901.67 R
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	8.38	7.00-12.00

These data are based on 1395 entries in the past 18 months from 245 different contributors.
Last update: June 2022
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