Property Prices in Harare, Zimbabwe

Index Info
Price to Income Ratio: 21.30
Mortgage as Percentage of Income: 371.75%
Loan Affordability Index: 0.27
Price to Rent Ratio - City Centre: 24.99
Price to Rent Ratio - Outside of Centre: 29.33
Gross Rental Yield (City Centre): 4.00%
Gross Rental Yield (Outside of Centre): 3.41%
Rent Per Month
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Apartment (1 bedroom) in City Centre 300.00 $ 200.00-500.00
Apartment (1 bedroom) Outside of Centre 250.00 $ 200.00-400.00
Apartment (3 bedrooms) in City Centre 562.50 $ 450.00-750.00
Apartment (3 bedrooms) Outside of Centre 450.00 $ 300.00-650.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 154.84 $ 102.19-185.80
Price per Square Feet to Buy Apartment Outside of Centre 148.64 $ 74.32-232.26
Salaries And Financing
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Average Monthly Net Salary (After Tax) 383.33 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 16.83 14.00-18.00

These data are based on 77 entries in the past 18 months from 13 different contributors.
Last update: January 2021

Sources and References
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