Property Prices Comparison Between South Africa and South Africa

For major cities in those countries you get more relevant data by specifying cities.

City in South Africa:
City in South Africa:

Index	South Africa	South Africa
Price to Income Ratio:	3.23	3.23
Mortgage as Percentage of Income:	41.68%	41.68%
Loan Affordability Index:	2.40	2.40
Price to Rent Ratio - City Centre:	9.98	9.98
Price to Rent Ratio - Outside of Centre:	9.36	9.36
Gross Rental Yield (City Centre):	10.02%	10.02%
Gross Rental Yield (Outside of Centre):	10.69%	10.69%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	South Africa Edit	South Africa Edit	Difference
Apartment (1 bedroom) in City Centre	8,074.58 R	8,074.58 R	0.0 %
Apartment (1 bedroom) Outside of Centre	6,533.02 R	6,533.02 R	0.0 %
Apartment (3 bedrooms) in City Centre	16,170.21 R	16,170.21 R	0.0 %
Apartment (3 bedrooms) Outside of Centre	12,548.35 R	12,548.35 R	0.0 %
Buy Apartment Price	South Africa Edit	South Africa Edit
Price per Square Feet to Buy Apartment in City Centre	1,716.97 R	1,716.97 R	0.0 %
Price per Square Feet to Buy Apartment Outside of Centre	1,276.55 R	1,276.55 R	0.0 %
Salaries And Financing	South Africa Edit	South Africa Edit
Average Monthly Net Salary (After Tax)	24,924.89 R	24,924.89 R	0.0 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	11.62	11.62	0.0 %
Last update:	December 2024	December 2024
Contributors in the past 12 months:	286	286

Country data (source The World Bank, 2024)	South Africa	South Africa
GDP Per Capita (PPP) ($) :	13,500.00	13,500.00
GDP Growth Rate:	1.91	1.91
Population Growth Rate:	1.08	1.08

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