Property Prices in Cape Town, South Africa

Index Info
Price to Income Ratio: 5.14
Mortgage as Percentage of Income: 67.31%
Loan Affordability Index: 1.49
Price to Rent Ratio - City Centre: 10.61
Price to Rent Ratio - Outside of Centre: 10.39
Gross Rental Yield (City Centre): 9.42%
Gross Rental Yield (Outside of Centre): 9.62%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 14,033.33 R 10,000.00-20,000.00
Apartment (1 bedroom) Outside of Centre 9,196.88 R 7,000.00-15,000.00
Apartment (3 bedrooms) in City Centre 27,066.67 R 20,000.00-50,000.00
Apartment (3 bedrooms) Outside of Centre 18,746.67 R 14,000.00-28,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 3,115.34 R 2,322.56-4,180.60
Price per Square Feet to Buy Apartment Outside of Centre 2,052.68 R 1,393.53-3,251.58
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 27,077.77 R
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.87 11.00-14.00

These data are based on 322 entries in the past 18 months from 48 different contributors.
Last update: December 2024

Sources and References
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2 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