Property Prices in Umhlanga, South Africa
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| Index |  |
|---|---|
| Price to Income Ratio: | 2.17 |
| Mortgage as Percentage of Income: | 40.13% |
| Loan Affordability Index: | 2.49 |
| Price to Rent Ratio - City Centre: | 8.25 |
| Price to Rent Ratio - Outside of Centre: | 8.3 |
| Gross Rental Yield (City Centre): | 12.12% |
| Gross Rental Yield (Outside of Centre): | 12.05% |
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Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 10,000.0 R | |
| Apartment (1 bedroom) Outside of Centre | 12,000.0 R | |
| Apartment (3 bedrooms) in City Centre | 18,000.0 R | |
| Apartment (3 bedrooms) Outside of Centre | 20,000.0 R | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 1,672.24 R | |
| Price per Square Feet to Buy Apartment Outside of Centre | 1,950.95 R | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 45,000.0 R | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 18.0 |
These data are based on 8 entries in the past 12 months from 1 different contributors.
Last update: August 2024
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