Property Prices in George, South Africa

Index Info
Price to Income Ratio: 2.32
Mortgage as Percentage of Income: 28.61%
Loan Affordability Index: 3.49
Price to Rent Ratio - City Centre: 7.61
Price to Rent Ratio - Outside of Centre: 5.73
Gross Rental Yield (City Centre): 13.14%
Gross Rental Yield (Outside of Centre): 17.46%

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Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre 7,075.00 R 6,800.00-8,000.00
1 Bedroom Apartment Outside of City Centre 6,075.00 R 5,000.00-8,000.00
3 Bedroom Apartment in City Centre 12,750.00 R 10,000.00-25,000.00
3 Bedroom Apartment Outside of City Centre 15,450.00 R 8,800.00-27,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 1,091.60 R 557.41-1,625.79
Price per Square Feet to Buy Apartment Outside of Centre 836.12 R 371.61-1,300.63
Salaries And Financing
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Average Monthly Net Salary (After Tax) 22,333.33 R
Annual Mortgage Interest Rate (20-Year Fixed, in %) 10.92 10.50-11.25

These data are based on 35 entries from 6 contributors over the past 18 months.
Last update: 3 February 2026

Sources and References
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2 Comments so far
Guy Harvey on Dec 12, 2022:
As the second safest city are not the % a bit high
Leon van Wyk on Aug 09, 2021:
What can be done to obtain more statistics / data on living in George to provide a ranking covering all aspects