Property Prices in Cape Town, South Africa

Index Info
Price to Income Ratio: 5.28
Mortgage as Percentage of Income: 68.74%
Loan Affordability Index: 1.45
Price to Rent Ratio - City Centre: 12.65
Price to Rent Ratio - Outside of Centre: 13.30
Gross Rental Yield (City Centre): 7.91%
Gross Rental Yield (Outside of Centre): 7.52%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 12,242.86 R 10,000.00-18,000.00
Apartment (1 bedroom) Outside of Centre 8,184.85 R 6,000.00-13,000.00
Apartment (3 bedrooms) in City Centre 25,366.67 R 20,000.00-45,000.00
Apartment (3 bedrooms) Outside of Centre 15,822.58 R 12,000.00-25,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 3,352.53 R 2,787.07-4,645.11
Price per Square Feet to Buy Apartment Outside of Centre 2,279.82 R 1,579.34-3,251.58
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 28,684.46 R
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.76 10.50-15.00

These data are based on 341 entries in the past 18 months from 53 different contributors.
Last update: April 2024

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