Property Prices in Durban, South Africa

Index Info
Price to Income Ratio: 3.26
Mortgage as Percentange of Income: 38.67%
Loan Affordability Index: 2.59
Price to Rent Ratio - City Centre: 9.11
Price to Rent Ratio - Outside of Centre: 8.86
Gross Rental Yield (City Centre): 10.98%
Gross Rental Yield (Outside of Centre): 11.28%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 4,893.94 R 3,500.00-6,500.00
Apartment (1 bedroom) Outside of Centre 5,015.62 R 3,000.00-7,500.00
Apartment (3 bedrooms) in City Centre 9,266.67 R 6,000.00-15,000.00
Apartment (3 bedrooms) Outside of Centre 10,772.73 R 6,500.00-15,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 924.76 R 557.41-1,300.63
Price per Square Feet to Buy Apartment Outside of Centre 979.47 R 650.32-1,486.44
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 15,741.05 R
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 10.37 9.00-12.00

These data are based on 202 entries in the past 18 months from 33 different contributors.
Last update: April 2019

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DeutschImmobilienpreise in Durban
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1 Comments so far

#Nico Le Roux on Jan 06, 2019 :
Please help
Using your data for Durban South Africa

Price to Income Ratio

Median Apartment Price per Square Meter to Buy Apartment R 10,133.82
Fmilial disposable income R 15,123.92

My formula works out 58.9064541

public double calculateMedianHousePriceOutsideOfCentre() {
return getBuyPricePerSquareMeterOutsideOfCentre() * 90;

public double calculateMedianHousePriceCityCentre() {
return getBuyPricePerSquareMeterCityCentre() * 90;

public double calculateMedianHousePrice() {
return (calculateMedianHousePriceCityCentre() + calculateMedianHousePriceOutsideOfCentre()) / 2;

public double calculateHousePriceToIncomeRatio() {
return calculateMedianHousePrice() / calculateMedianFamilyDisposableIncomeYearly();

Nico Le Roux