Year: 2026 2025 2024
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Durban, South Africa

Property prices · 2025 · Africa · Price +6% vs 2024

Price/sqm — City Centre ZAR 23,320
Price/sqm — Outside Centre ZAR 15,370
1-Bed Rent / Month ZAR 7,950
3-Bed Rent / Month ZAR 12,720
Avg Mortgage Rate 9.50%
Price-to-Rent Ratio 14.0x Buying may offer better long-term value

Property price trend in Durban (2024–2026)

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Property comparison — cities in South Africa (2025)

City Centre /sqm Outside /sqm 1-Bed Rent vs Durban
Durban ZAR 23,320 ZAR 15,370 ZAR 7,950
Cape Town ZAR 43,680 ZAR 26,000 ZAR 15,600 +87.3%
Johannesburg ZAR 29,120 ZAR 17,680 ZAR 9,880 +24.9%
Pretoria ZAR 19,080 ZAR 12,508 ZAR 6,572 -18.2%

Other Africa cities (2025)

Frequently asked questions

How much does property cost in Durban in 2025?

In Durban, the average price per sqm in the city centre is ZAR 23,320, and ZAR 15,370 outside the centre (2025 data). Prices have risen 10.5% since 2024.

How much is rent in Durban in 2025?

A 1-bedroom apartment in Durban rents for approximately ZAR 7,950 per month in 2025. A 3-bedroom apartment costs around ZAR 12,720/month.

Is it better to buy or rent in Durban?

Buying may offer better long-term value in Durban. The price-to-rent ratio is 14.0x — it would take approximately 14.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 9.50%.

What are mortgage rates in South Africa in 2025?

The average mortgage rate in South Africa is approximately 9.50% as of 2025. With a price-to-rent ratio of 14.0x, buyers should carefully weigh mortgage costs against rental savings.

How have property prices in Durban changed?

Property prices in Durban have changed +6% vs 2024. Since 2024, prices have increased by 10.5%. Use the year tabs above to compare prices across years.

What is the price per sqm in Durban?

The average property price per square metre in Durban city centre is ZAR 23,320 in 2025. Outside the centre, expect to pay around ZAR 15,370/sqm.

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