Pretoria, South Africa
Property prices · 2024 · Africa
Property price trend in Pretoria (2024–2026)
Property comparison — cities in South Africa (2024)
| City | Centre /sqm | Outside /sqm | 1-Bed Rent | vs Pretoria |
|---|---|---|---|---|
| Pretoria | ZAR 18,000 | ZAR 11,800 | ZAR 6,200 | — |
| Cape Town | ZAR 42,000 | ZAR 25,000 | ZAR 15,000 | +133.3% |
| Johannesburg | ZAR 28,000 | ZAR 17,000 | ZAR 9,500 | +55.6% |
| Durban | ZAR 22,000 | ZAR 14,500 | ZAR 7,500 | +22.2% |
Other Africa cities (2024)
Frequently asked questions
How much does property cost in Pretoria in 2024?
In Pretoria, the average price per sqm in the city centre is ZAR 18,000, and ZAR 11,800 outside the centre (2024 data). Prices have risen 10.5% since 2024.
How much is rent in Pretoria in 2024?
A 1-bedroom apartment in Pretoria rents for approximately ZAR 6,200 per month in 2024. A 3-bedroom apartment costs around ZAR 9,900/month.
Is it better to buy or rent in Pretoria?
Buying may offer better long-term value in Pretoria. 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 2024?
The average mortgage rate in South Africa is approximately 9.50% as of 2024. With a price-to-rent ratio of 14.0x, buyers should carefully weigh mortgage costs against rental savings.
What is the price per sqm in Pretoria?
The average property price per square metre in Pretoria city centre is ZAR 18,000 in 2024. Outside the centre, expect to pay around ZAR 11,800/sqm.