Property Prices in Randburg, South Africa

Index Info
Price to Income Ratio: 1.56
Mortgage as Percentage of Income: 21.88%
Loan Affordability Index: 4.57
Price to Rent Ratio - City Centre: 11.00
Price to Rent Ratio - Outside of Centre: 7.47
Gross Rental Yield (City Centre): 9.09%
Gross Rental Yield (Outside of Centre): 13.38%

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Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre 5,000.00 R 5,000.00-5,000.00
1 Bedroom Apartment Outside of City Centre 6,000.00 R 5,000.00-7,000.00
3 Bedroom Apartment in City Centre 9,000.00 R 8,000.00-10,000.00
3 Bedroom Apartment Outside of City Centre 11,333.33 R 10,000.00-14,000.00
Buy Apartment Price
Edit
Price per Square Meter to Buy Apartment in City Centre 12,000.00 R
Price per Square Meter to Buy Apartment Outside of Centre 10,000.00 R
Salaries And Financing
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Average Monthly Net Salary (After Tax) 35,333.33 R
Annual Mortgage Interest Rate (20-Year Fixed, in %) 13.00 12.00-14.00

These data are based on 19 entries from 4 contributors over the past 18 months.
Last update: 24 December 2024

Sources and References
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