Property Prices in South Africa
| Index |  |
|---|---|
| Price to Income Ratio: | 3.39 |
| Mortgage as Percentage of Income: | 43.52% |
| Loan Affordability Index: | 2.30 |
| Price to Rent Ratio - City Centre: | 9.80 |
| Price to Rent Ratio - Outside of Centre: | 9.27 |
| Gross Rental Yield (City Centre): | 10.21% |
| Gross Rental Yield (Outside of Centre): | 10.78% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 8,026.69 R | |
| Apartment (1 bedroom) Outside of Centre | 6,568.22 R | |
| Apartment (3 bedrooms) in City Centre | 16,020.14 R | |
| Apartment (3 bedrooms) Outside of Centre | 12,844.38 R | |
Buy Apartment Price | Edit |
|
| Price per Square Meter to Buy Apartment in City Centre | 17,999.83 R | |
| Price per Square Meter to Buy Apartment Outside of Centre | 13,807.85 R | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 23,436.66 R | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 11.54 |
These data are based on 1665 entries from 275 contributors over the past 18 months.
Last update: May 2025
Our data for each country are based on all entries from all cities in that country.
Sources and References
By City in South Africa
Rank |
City |
Price To Income Ratio |
Gross Rental Yield City Centre |
Gross Rental Yield Outside of Centre |
Price To Rent Ratio City Centre |
Price To Rent Ratio Outside Of City Centre |
Mortgage As A Percentage Of Income |
Affordability Index |
|---|---|---|---|---|---|---|---|---|
| Cape Town | 5.4 | 8.8 | 8.8 | 11.3 | 11.4 | 71.0 | 1.4 | |
| Durban | 4.8 | 8.0 | 6.6 | 12.5 | 15.2 | 63.5 | 1.6 | |
| Johannesburg | 3.1 | 9.9 | 12.8 | 10.1 | 7.8 | 39.5 | 2.5 | |
| Port Elizabeth | 3.3 | 15.8 | 16.0 | 6.3 | 6.2 | 44.3 | 2.3 | |
| Pretoria | 2.6 | 10.6 | 11.8 | 9.4 | 8.5 | 34.3 | 2.9 |
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