|Price to Income Ratio:||4.29|
|Mortgage as Percentage of Income:||55.76%|
|Loan Affordability Index:||1.79|
|Price to Rent Ratio - City Centre:||5.25|
|Price to Rent Ratio - Outside of Centre:||6.96|
|Gross Rental Yield (City Centre):||19.05%|
|Gross Rental Yield (Outside of Centre):||14.37%|
We need more contributors for East London to increase our data quality.
Do you live in East London? Add data for East London
Consider looking into aggregate data for Average in South Africa
Rent Per Month
|Apartment (1 bedroom) in City Centre||7,889.48 R||6,205.89-10,352.05|
|Apartment (1 bedroom) Outside of Centre||6,772.28 R||5,500.00-9,316.84|
|Apartment (3 bedrooms) in City Centre||17,544.56 R||16,000.00-18,633.68|
|Apartment (3 bedrooms) Outside of Centre||12,997.62 R||10,000.00-14,500.00|
Buy Apartment Price
|Price per Square Feet to Buy Apartment in City Centre||928.44 R||865.88-990.99|
|Price per Square Feet to Buy Apartment Outside of Centre||983.65 R|
Salaries And Financing
|Average Monthly Net Salary (After Tax)||12,000.00 R|
|Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate||11.75||7.00-25.00|
These data are based on 28 entries in the past 18 months from 6 different contributors.
Last update: October 2020
No sources and references provided yet.