Property Prices in Pietermaritzburg, South Africa
| Index |  |
|---|---|
| Price to Income Ratio: | 4.05 |
| Mortgage as Percentage of Income: | 51.77% |
| Loan Affordability Index: | 1.93 |
| Price to Rent Ratio - City Centre: | 18.76 |
| Price to Rent Ratio - Outside of Centre: | 10.34 |
| Gross Rental Yield (City Centre): | 5.33% |
| Gross Rental Yield (Outside of Centre): | 9.67% |
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Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 4,000.00 R | |
| Apartment (1 bedroom) Outside of Centre | 3,000.00 R | |
| Apartment (3 bedrooms) in City Centre | 10,750.00 R | |
| Apartment (3 bedrooms) Outside of Centre | 6,250.00 R | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 1,858.05 R | |
| Price per Square Feet to Buy Apartment Outside of Centre | 673.54 R | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 16,840.00 R | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 11.50 |
These data are based on 15 entries in the past 18 months from 3 different contributors.
Last update: December 2024
Sources and References
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Nearby cities:| Property Prices in Durban | 48.20 miles |
| Property Prices in Port Shepstone | 115.94 miles |
| Property Prices in Richards Bay | 153.00 miles |
| Property Prices in Vryheid | 171.24 miles |
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