Property Prices in Somerset West, South Africa
| Index |  |
|---|---|
| Price to Income Ratio: | 2.5 |
| Mortgage as Percentage of Income: | 29.95% |
| Loan Affordability Index: | 3.34 |
| Price to Rent Ratio - City Centre: | 8.05 |
| Price to Rent Ratio - Outside of Centre: | 8.87 |
| Gross Rental Yield (City Centre): | 12.42% |
| Gross Rental Yield (Outside of Centre): | 11.27% |
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Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 10,875.0 R | |
| Apartment (1 bedroom) Outside of Centre | 7,000.0 R | |
| Apartment (3 bedrooms) in City Centre | 21,600.0 R | |
| Apartment (3 bedrooms) Outside of Centre | 15,600.0 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 | 1,393.53 R | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 35,000.0 R | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 10.5 |
These data are based on 36 entries in the past 18 months from 7 different contributors.
Last update: July 2024
Sources and References
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Nearby cities:| Property Prices in Khayelitsha | 13.00 miles |
| Property Prices in Cape Town | 28.12 miles |
| Property Prices in Paarl | 31.35 miles |
| Property Prices in Worcester | 61.47 miles |
| Property Prices in Sutherland | 208.15 miles |
| Property Prices in George | 241.92 miles |
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