Property Prices in Durban, South Africa

Index Info
Price to Income Ratio: 3.17
Mortgage as Percentage of Income: 40.92%
Loan Affordability Index: 2.44
Price to Rent Ratio - City Centre: 9.62
Price to Rent Ratio - Outside of Centre: 8.38
Gross Rental Yield (City Centre): 10.39%
Gross Rental Yield (Outside of Centre): 11.94%
Rent Per Month
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1 Bedroom Apartment in City Centre 7,030.00 R 5,720.00-10,000.00
1 Bedroom Apartment Outside of City Centre 6,408.75 R 4,500.00-9,000.00
3 Bedroom Apartment in City Centre 13,846.67 R 10,000.00-23,000.00
3 Bedroom Apartment Outside of City Centre 11,160.00 R 8,500.00-16,600.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,429.15 R 1,300.63-1,932.37
Price per Square Feet to Buy Apartment Outside of Centre 1,072.25 R 836.12-2,288.83
Salaries And Financing
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Average Monthly Net Salary (After Tax) 21,211.42 R
Annual Mortgage Interest Rate (20-Year Fixed, in %) 11.62 11.00-13.00

These data are based on 162 entries from 23 contributors over the past 18 months.
Last update: 9 February 2026

Sources and References
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