Property Prices

How much does property cost in South Africa?

The sections below indicate the types of property that can be bought in secure, desirable areas in a variety of price ranges; all prices are in rand (to convert to sterling, divide by 11.5; for US dollars, divide by 6).

250,000 – 500,000

• 1-bed apartment in Bellville (Cape Town);

• 1-bed apartment in Muizenberg (Western Cape);

• Isolated 4-bed house near Mossel Bay (Western Cape);

• 1-bed apartment in George (Western Cape);

• 2-bed house in Jeffreys Bay (Eastern Cape);

• 2-bed townhouse in Port Elizabeth (Eastern Cape);

• 2-bed apartment in East London (Eastern Cape);

• Basic 3-bed house in Amanzimtoti (Kwazulu-Natal);

• 2-bed house in Hibberdene (Kwazulu-Natal);

• 1-bed apartment in Uvongo (Kwazulu-Natal);

• 1-bed apartment in Margate (Kwazulu-Natal).

500,000 – 750,000

• 2-bed apartment in Simon’s Town (Western Cape);

• 3-bed apartment in Mossel Bay (Western Cape);

• 2-bed apartment in Plettenburg Bay (Western Cape);

• 3-bed house in St Francis Bay (Eastern Cape);

• Small 3-bed house in Port Elizabeth (Eastern Cape);

• 2-bed apartment in Amanzimtoti (Kwazulu-Natal);

• 5-bed house in Hibberdene (Kwazulu-Natal);

• 4-bed house in Port Shepstone (Kwazulu-Natal);

• 3-bed townhouse in Uvongo (Kwazulu-Natal);

• 3-bed house in Margate (Kwazulu-Natal).

750,000 – 1 Million

• Small house or apartment in City Bowl or Gardens Suburbs (Cape Town);

• 2-bed house in Jongensfontein or Stilbaai (Western Cape); 3-bed beachfront apartment in Mossel Bay (Western Cape);

• 3-bed house in George (Western Cape);

• 3-bed apartment in Plettenburg Bay (Western Cape);

• 2-bed house near port in St Francis Bay (Eastern Cape);

• 3-bed house in Kenton-on-Sea (Eastern Cape);

• 3-bed house in East London (Eastern Cape);

• 3-bed house with pool in Amanzimtoti (Kwazulu-Natal);

• 4-bed townhouse in Margate (Kwazulu-Natal).

1 – 2 Million

• House or apartment in Gardens Suburb (Cape Town);

• 3-bed house in northern suburbs (Cape Town);

• 3-bed bungalow in southern suburbs (Cape Town);

• 3-bed house in Green Point or Sea Point (Cape Town);

• 3-bed house in Pinelands (Western Cape);

• 2-bed apartment in Muizenberg or Fish Hoek (Western Cape);

• 5-bed mansion in Fish Hoek (Western Cape);

• 3-bed townhouse in Simon’s Town (Western Cape);

• 2-bed apartment in Stellenbosch (Western Cape);

• 3–4-bed house in the Winelands (Western Cape);

• 5-bed house in Gaansbaai (Western Cape);

• 3-bed house in Mossel Bay (Western Cape);

• 4-bed house in Jongensfontein or Stilbaai (Western Cape);

• Stylish 3-bed house in George (Western Cape);

• 3-bed house in Knysna (Western Cape);

• 4-bed house near beach in Port Elizabeth (Eastern Cape);

• 4–5-bed house in Kenton-on-Sea (Eastern Cape);

• 4-bed house in East London (Eastern Cape);

• 3–4-bed house in Uvongo (Kwazulu-Natal);

• 3-bed house in Durban North or Umhlanga Rocks (Kwazulu-Natal);

• 3-bed apartment or 3-bed house with pool in Ballito (Kwazulu-Natal).

2 – 3 Million

• 4-bed house in Southern Suburbs (Cape Town);

• 3–4-bed house in Muizenberg (Western Cape);

• 4-bed house in Simon’s Town (Western Cape);

• Mansion in Jongensfontein or Stilbaai (Western Cape);

• 4-bed house in Plettenburg Bay (Western Cape);

• 5-bed house in prime location in Hibberdene (Kwazulu-Natal);

• 4-bed house in Westville (Kwazulu-Natal).

3 – 5 Million

• 3-bed house in Waterfront (Cape Town);

• 4-bed house in Southern Suburbs (Cape Town);

• 5-bed house in Noordhoek (Western Cape);

• 3-bed apartment on East Peninsula Coast (Western Cape);

• 5-bed seafront mansion in Fish Hoek (Western Cape);

• 5-bed house in Simon’s Town (Western Cape);

• 4–5-bed waterfront apartments in St Francis Bay (Eastern Cape);

• 5-bed seafront apartment in Jeffreys Bay (Eastern Cape);

• 4-bed beachfront house in Amanzimtoti (Kwazulu-Natal);

• 5-bed house in Uvongo (Kwazulu-Natal);

• 5-bed house in Durban North or Umhlanga Rocks (Kwazulu-Natal).

5 – 10 Million

• Mansion in Clifton or Camp’s Bay (Western Cape);

• 3-bed house in Llandudno (Western Cape);

• 3-bed house in Hout Bay (Western Cape);

• 3-bed beachfront apartment on East Peninsula Coast (Western Cape).

Over 10 Million

• Mansion in Southern Suburbs (Cape Town);

• Mansion in the Winelands (Western Cape).

With prices in the Western Cape now beyond the reach of some people and Garden Route prices increasing too, more buyers are looking to the coasts either side of Durban and prices are expected to rise imminently, although predicting what will happen to the property market is a reliable way to make yourself look foolish. The same data can be open to very different interpretation: for example, some people think that the strengthening rand will lead to an imminent reduction in the number of foreign property buyers in South Africa, while others believe that the stronger rand will boost confidence in the South African economy and attract more foreigners to buy.

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• Introduction: An introduction to buying property in South Africa
• Advantages & Disadvantages: What to take into account
• Buying for investment: What you should know
• Land & Title: What the law says
• Legal Advice: Why you need a lawyer
• Cost of Property: Can you afford to buy property in South Africa?
• Property Prices: How much does property cost in South Africa?
• House Hunting: How to find your dream home in South Africa
• Estate Agents: All you need to know to deal with estate agents
• Garages & Parking Bays: What you need to know
• Community Properties: All you need to know about Community Properties
• Fees: Extra costs when buying property in South Africa
• Negotiating The Price: How to get the best price possible
• Renovation & Restauration: All you need to know to restaure an old house
• Inspections & Surveys: What you need to know
• Legal Check: What to look out for
• Agreement of Sale: What it should include
• Conveyance: What is it and what does it entail
• Final Checks: The final step
• Letting your property: What you need to know

• South Africa Guide: Property
• South Africa Forums: Property
• South Africa Articles: Property