Property Prices in George, South Africa

Index Info
Price to Income Ratio: 6.14
Mortgage as Percentange of Income: 87.27%
Loan Affordability Index: 1.15
Price to Rent Ratio - City Centre: 10.02
Price to Rent Ratio - Outside of Centre: 11.46
Gross Rental Yield (City Centre): 9.98%
Gross Rental Yield (Outside of Centre): 8.72%
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Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 3,266.67 R 2,500.00-4,000.00
Apartment (1 bedroom) Outside of Centre 3,225.00 R 2,500.00-3,900.00
Apartment (3 bedrooms) in City Centre 6,500.00 R 5,000.00-7,500.00
Apartment (3 bedrooms) Outside of Centre 5,833.33 R 4,500.00-8,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 695.22 R 371.61-929.02
Price per Square Feet to Buy Apartment Outside of Centre 750.96 R 325.16-1,114.83
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 6,333.33 R
Mortgage Interest Rate in Percentages (%), Yearly 13.17 10.00-17.50

These data are based on 25 entries in the past 18 months from 4 different contributors.
Last update: May 2017

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