What is a good rental yield in Cape Town?
South Africa’s rental yields are good
Gross rental yields on apartments in Cape Town range from 5% to 8.3%.
What is the best rental yield in South Africa?
Other cities and areas produce also very strong rental yields. In Durban, the rental yields range between 5.31% to 14.31%, Pretoria produces yields between 8.80% to 11.14%, KZN South Coast can yield from 8.23% to 10.48%, and Dolphin Coast yields are between 4.50% to 8.60%.
What is rent in South Africa?
South Africa’s average rent:
The North West has the most affordable average monthly rent, while the Western Cape has the highest average rental prices: Eastern Cape: R6,650/month. Free State: R6,358/month. Gauteng: R8,641/month. KwaZulu-Natal: R8,801/month.
What’s the average rent in South Africa?
The average monthly rent of residential properties increased across all provinces in South Africa in 2021, except for the Free State and Gauteng. In the final quarter of the year, the national average rent stood at approximately 7,900 South African rands.
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