Latest Property Research Shows Western Cape Residents Still Have Highest Rent

It's no secret that us Capetonians love to skinner about the rental prices in our city, and the latest rental property index research has proven that our moaning is certainly not just hot air. While Cape Town did marginally better when we recently compared metro property rates between local areas, the prices in the Mother City are still a massive bugbear for renters.

In contrast, the North West has clocked in with SA's lowest average rental price, at R6 301. Surprisingly, this comes despite the province experiencing the highest rental increase in the country, with a significant 9.8% year-on-year rise. Additionally, the most notable rental increases across the country include the Free State, where the average rental price is now R6 927. This marks a substantial increase of R579 from the first quarter of last year. The province saw a 9.

Property Property Latest News, Property Property Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Massive property rate hikes in South Africa – Cape Town vs Joburg vs DurbanBusinessTech looked at how much property rates have increased over the last decade in South Africa’s major metros.
Source: BusinessTechSA - 🏆 24. / 61 Read more »

Turn coming for property in South AfricaThere are signs of life in South Africa’s residential property market, but restrictive monetary policy is still hurting many across the country.
Source: BusinessTechSA - 🏆 24. / 61 Read more »