Property Prices in Umhlanga, South Africa
| Index |  |
|---|---|
| Price to Income Ratio: | 3.68 |
| Mortgage as Percentage of Income: | 56.51% |
| Loan Affordability Index: | 1.77 |
| Price to Rent Ratio - City Centre: | 8.35 |
| Price to Rent Ratio - Outside of Centre: | 8.30 |
| Gross Rental Yield (City Centre): | 11.97% |
| Gross Rental Yield (Outside of Centre): | 12.05% |
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Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 10,000.00 R | |
| Apartment (1 bedroom) Outside of Centre | 12,000.00 R | |
| Apartment (3 bedrooms) in City Centre | 17,500.00 R | |
| Apartment (3 bedrooms) Outside of Centre | 20,000.00 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) | 26,500.00 R | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 14.50 |
These data are based on 11 entries in the past 18 months from 2 different contributors.
Last update: February 2025
Sources and References
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