Property Prices in Johannesburg, South Africa

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Index Info
Price to Income Ratio: 3.11
Mortgage as Percentage of Income: 39.72%
Loan Affordability Index: 2.52
Price to Rent Ratio - City Centre: 9.98
Price to Rent Ratio - Outside of Centre: 7.96
Gross Rental Yield (City Centre): 10.02%
Gross Rental Yield (Outside of Centre): 12.57%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 7,536.36 R 5,000.00-10,500.00
Apartment (1 bedroom) Outside of Centre 6,712.00 R 5,000.00-9,500.00
Apartment (3 bedrooms) in City Centre 16,607.14 R 11,000.00-25,000.00
Apartment (3 bedrooms) Outside of Centre 12,826.09 R 10,000.00-18,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,678.05 R 1,161.28-2,427.69
Price per Square Feet to Buy Apartment Outside of Centre 1,112.76 R 798.96-1,579.34
Salaries And Financing
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Average Monthly Net Salary (After Tax) 24,173.37 R
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.49 10.00-13.00

These data are based on 247 entries from 42 contributors over the past 18 months.
Last update: April 2025

Sources and References
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