Property Prices in Mossel Bay, South Africa

Index Info
Price to Income Ratio: 3.62
Mortgage as Percentage of Income: 49.42%
Loan Affordability Index: 2.02
Price to Rent Ratio - City Centre: ?
Price to Rent Ratio - Outside of Centre: 11.60
Gross Rental Yield (City Centre): ?
Gross Rental Yield (Outside of Centre): 8.62%

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Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 8,500.00 R
Apartment (1 bedroom) Outside of Centre 6,000.00 R
Apartment (3 bedrooms) in City Centre ?
Apartment (3 bedrooms) Outside of Centre 10,500.00 R 10,000.00-11,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,300.63 R
Price per Square Feet to Buy Apartment Outside of Centre 1,393.53 R
Salaries And Financing
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Average Monthly Net Salary (After Tax) 20,000.00 R
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 12.50

These data are based on 8 entries in the past 18 months from 2 different contributors.
Last update: April 2024

Sources and References
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1 Comments so far
Bianca imbrailo on Jun 07, 2023:
I am strongly considering moving to Mossel bay, however the prices and availability of rental property's are really High. Seems like every property is a holiday rental and is charged per day. Which makes sense since Mossel bay is a great holiday destination.