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: 10.61
Price to Rent Ratio - Outside of Centre: 11.18
Gross Rental Yield (City Centre): 9.42%
Gross Rental Yield (Outside of Centre): 8.95%
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Rent Per Month [ Edit ] Avg. Range
Apartment (1 bedroom) in City Centre 3,150.00 R 2,500.00-4,500.00
Apartment (1 bedroom) Outside of Centre 3,300.00 R 2,000.00-4,000.00
Apartment (3 bedrooms) in City Centre 6,000.00 R 5,000.00-7,500.00
Apartment (3 bedrooms) Outside of Centre 6,000.00 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 Net Salary (After Tax) 6,500.00 R
Mortgage Interest Rate in Percentages (%), Yearly 13.50 9.00-17.50

These data are based on 19 entries in the past 18 months from 3 different contributors.
Last update: September, 2016

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