Property Prices in Cape Town, South Africa

Index Info
Price to Income Ratio: 6.57
Mortgage as Percentage of Income: 71.72%
Loan Affordability Index: 1.39
Price to Rent Ratio - City Centre: 13.16
Price to Rent Ratio - Outside of Centre: 12.99
Gross Rental Yield (City Centre): 7.60%
Gross Rental Yield (Outside of Centre): 7.70%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 11,908.54 R 8,000.00-17,000.00
Apartment (1 bedroom) Outside of Centre 8,035.00 R 6,000.00-12,000.00
Apartment (3 bedrooms) in City Centre 24,573.68 R 17,500.00-35,000.00
Apartment (3 bedrooms) Outside of Centre 16,273.81 R 12,000.00-24,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 3,386.37 R 2,787.07-4,645.11
Price per Square Feet to Buy Apartment Outside of Centre 2,235.17 R 1,393.53-3,251.58
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 23,033.54 R
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.16 7.50-12.00

These data are based on 395 entries in the past 18 months from 64 different contributors.
Last update: March 2023

Sources and References
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3 Comments so far
Abdul on Dec 22, 2020:
I need property selling prices per square meter in Cape Town's Residential areas Industrial areas
Business Areas and the Cbd pls. Thanks
Penny Botha L.M. on Nov 10, 2020:
I need property selling prices per square meter in Cape Town's Residential areas Industrial areas
Business Areas
Commercial Areas

Please & Thank you.
Lmbmymail@gmail.com
082 067 2894
Clive Clayton on Aug 01, 2020:
I would like to see what property prices were in 2001 in Cape Town