Property Prices in Roodepoort, South Africa

Index Info
Price to Income Ratio: 1.97
Mortgage as Percentage of Income: 25.26%
Loan Affordability Index: 3.96
Price to Rent Ratio - City Centre: 3.90
Price to Rent Ratio - Outside of Centre: 3.46
Gross Rental Yield (City Centre): 25.64%
Gross Rental Yield (Outside of Centre): 28.87%

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Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 10,000.00 R
Apartment (1 bedroom) Outside of Centre 11,000.00 R 6,000.00-15,000.00
Apartment (3 bedrooms) in City Centre 25,000.00 R
Apartment (3 bedrooms) Outside of Centre 15,500.00 R 11,000.00-20,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 929.02 R
Price per Square Feet to Buy Apartment Outside of Centre 696.77 R
Salaries And Financing
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Average Monthly Net Salary (After Tax) 22,166.67 R
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.50

These data are based on 14 entries from 4 contributors over the past 18 months.
Last update: 25 February 2025

Sources and References
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