Property Prices in Port Elizabeth, South Africa
| Index |  |
|---|---|
| Price to Income Ratio: | 3.07 |
| Mortgage as Percentage of Income: | 39.89% |
| Loan Affordability Index: | 2.51 |
| Price to Rent Ratio - City Centre: | 6.29 |
| Price to Rent Ratio - Outside of Centre: | 7.23 |
| Gross Rental Yield (City Centre): | 15.90% |
| Gross Rental Yield (Outside of Centre): | 13.83% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 10,600.00 R | |
| Apartment (1 bedroom) Outside of Centre | 6,722.22 R | |
| Apartment (3 bedrooms) in City Centre | 19,900.00 R | |
| Apartment (3 bedrooms) Outside of Centre | 12,818.18 R | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 1,377.78 R | |
| Price per Square Feet to Buy Apartment Outside of Centre | 1,011.34 R | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 20,957.49 R | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 11.75 |
These data are based on 77 entries in the past 18 months from 16 different contributors.
Last update: May 2024
Sources and References
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Can you please email me cost of living figures for 2003, for food, rent, elec, water, municipal rates and internet, for a single person living in the (white - middle class) outer suburbs of Port Elizabeth, S.Africa?
Thank you, regards, Nathan.