Year: 2026 2025 2024
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Durban, South Africa

Property prices · 2026 · Africa · Price +4.2% vs 2025

Price/sqm — City Centre ZAR 24,310
Price/sqm — Outside Centre ZAR 16,022
1-Bed Rent / Month ZAR 8,288
3-Bed Rent / Month ZAR 13,260
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 (2026)

City Centre /sqm Outside /sqm 1-Bed Rent vs Durban
Durban ZAR 24,310 ZAR 16,022 ZAR 8,288
Cape Town ZAR 44,940 ZAR 26,750 ZAR 16,050 +84.9%
Johannesburg ZAR 29,960 ZAR 18,190 ZAR 10,165 +23.2%
Pretoria ZAR 19,890 ZAR 13,039 ZAR 6,851 -18.2%

Other Africa cities (2026)

Frequently asked questions

How much does property cost in Durban in 2026?

In Durban, the average price per sqm in the city centre is ZAR 24,310, and ZAR 16,022 outside the centre (2026 data). Prices have risen 10.5% since 2024.

How much is rent in Durban in 2026?

A 1-bedroom apartment in Durban rents for approximately ZAR 8,288 per month in 2026. A 3-bedroom apartment costs around ZAR 13,260/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 2026?

The average mortgage rate in South Africa is approximately 9.50% as of 2026. 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 +4.2% vs 2025. 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 24,310 in 2026. Outside the centre, expect to pay around ZAR 16,022/sqm.

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