Property Prices in Cape Town, South Africa

Index Info
Price to Income Ratio: 6.89
Mortgage as Percentage of Income: 77.17%
Loan Affordability Index: 1.30
Price to Rent Ratio - City Centre: 14.42
Price to Rent Ratio - Outside of Centre: 11.31
Gross Rental Yield (City Centre): 6.93%
Gross Rental Yield (Outside of Centre): 8.85%
Rent Per Month
[ Edit ] Range
Apartment (1 bedroom) in City Centre 10,598.91 R 9,000.00-15,000.00
Apartment (1 bedroom) Outside of Centre 7,613.32 R 6,000.00-10,000.00
Apartment (3 bedrooms) in City Centre 22,505.19 R 17,000.00-30,000.00
Apartment (3 bedrooms) Outside of Centre 15,340.74 R 12,000.00-20,000.00
Buy Apartment Price
[ Edit ]
Price per Square Feet to Buy Apartment in City Centre 3,349.25 R 2,322.56-4,645.11
Price per Square Feet to Buy Apartment Outside of Centre 1,838.38 R 929.02-3,530.29
Salaries And Financing
[ Edit ]
Average Monthly Net Salary (After Tax) 20,267.98 R
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.52 7.00-12.00

These data are based on 577 entries in the past 12 months from 102 different contributors.
Last update: November 2020

Sources and References
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2 Comments so far
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.
082 067 2894
Clive Clayton on Aug 01, 2020:
I would like to see what property prices were in 2001 in Cape Town