Property Prices in Johannesburg, South Africa
| Index |  |
|---|---|
| Price to Income Ratio: | 3.28 |
| Mortgage as Percentage of Income: | 42.07% |
| Loan Affordability Index: | 2.38 |
| Price to Rent Ratio - City Centre: | 11.36 |
| Price to Rent Ratio - Outside of Centre: | 9.14 |
| Gross Rental Yield (City Centre): | 8.80% |
| Gross Rental Yield (Outside of Centre): | 10.94% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 7,512.00 R | |
| Apartment (1 bedroom) Outside of Centre | 6,372.41 R | |
| Apartment (3 bedrooms) in City Centre | 15,803.57 R | |
| Apartment (3 bedrooms) Outside of Centre | 12,115.38 R | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 1,861.21 R | |
| Price per Square Feet to Buy Apartment Outside of Centre | 1,210.10 R | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 25,185.96 R | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 11.53 |
These data are based on 271 entries in the past 18 months from 43 different contributors.
Last update: January 2025
Sources and References
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Nearby cities:| Property Prices in Randburg | 9.14 miles |
| Property Prices in Sandton | 13.65 miles |
| Property Prices in Boksburg | 15.07 miles |
| Property Prices in Benoni | 19.17 miles |
| Property Prices in Krugersdorp | 20.02 miles |
| Property Prices in Centurion (Verwoerdburg) | 28.17 miles |
| Property Prices in Springs | 30.38 miles |
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