Property Prices in Johannesburg, South Africa

Index Info
Price to Income Ratio: 2.56
Mortgage as Percentage of Income: 29.04%
Loan Affordability Index: 3.44
Price to Rent Ratio - City Centre: 9.31
Price to Rent Ratio - Outside of Centre: 8.48
Gross Rental Yield (City Centre): 10.74%
Gross Rental Yield (Outside of Centre): 11.79%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 6,946.40 R 4,500.00-12,000.00
Apartment (1 bedroom) Outside of Centre 6,280.59 R 4,500.00-8,500.00
Apartment (3 bedrooms) in City Centre 13,188.16 R 9,000.00-23,000.00
Apartment (3 bedrooms) Outside of Centre 12,804.78 R 9,000.00-16,000.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 1,343.65 R 743.22-2,787.07
Price per Square Feet to Buy Apartment Outside of Centre 1,144.49 R 696.77-1,858.05
Salaries And Financing
Average Monthly Net Salary (After Tax) 26,128.65 R
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.69 7.50-12.00

These data are based on 393 entries in the past 18 months from 58 different contributors.
Last update: March 2023

Sources and References
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