Property Prices in George, South Africa

Index Info
Price to Income Ratio: 5.99
Mortgage as Percentange of Income: 86.75%
Loan Affordability Index: 1.15
Price to Rent Ratio - City Centre: 9.97
Price to Rent Ratio - Outside of Centre: 10.77
Gross Rental Yield (City Centre): 10.03%
Gross Rental Yield (Outside of Centre): 9.29%
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Rent Per Month [ Edit ] Avg. Range
Apartment (1 bedroom) in City Centre 3,300.00 R 2,800.00-3,600.00
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 6,000.00-7,500.00
Apartment (3 bedrooms) Outside of Centre 6,666.67 R 5,500.00-8,000.00
Buy Apartment Price [ Edit ] Avg.
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 ] Avg.
Average Monthly Disposable Salary (Net After Tax) 6,500.00 R
Mortgage Interest Rate in Percentages (%), Yearly 13.50 10.00-17.00

These data are based on 23 entries in the past 18 months from 4 different contributors.
Last update: September, 2016

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