Property Prices in Durban, South Africa

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Index Info
Price to Income Ratio: 4.74
Mortgage as Percentage of Income: 62.74%
Loan Affordability Index: 1.59
Price to Rent Ratio - City Centre: 12.54
Price to Rent Ratio - Outside of Centre: 15.66
Gross Rental Yield (City Centre): 7.97%
Gross Rental Yield (Outside of Centre): 6.39%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 6,842.86 R 5,500.00-10,000.00
Apartment (1 bedroom) Outside of Centre 6,188.24 R 4,500.00-10,000.00
Apartment (3 bedrooms) in City Centre 13,400.00 R 10,000.00-25,000.00
Apartment (3 bedrooms) Outside of Centre 10,312.50 R 8,000.00-16,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,808.31 R 1,237.74-3,065.77
Price per Square Feet to Buy Apartment Outside of Centre 1,898.88 R 1,114.83-2,787.07
Salaries And Financing
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Average Monthly Net Salary (After Tax) 21,025.62 R
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 12.01 10.50-13.20

These data are based on 140 entries from 26 contributors over the past 18 months.
Last update: March 2025

Sources and References
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