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What is the average house price in South Africa?

The most recent data shows that the average house price for Q4 2022 was R1 422 992.

The latest Rode’s Report on the South African Property Markets for 2023 showed that prices grew by 2.5% in the first two months of the year, versus 4.2% growth in 2022.

The slowdown in house price growth makes it a buyer’s market and a good time to get your foot on the property ladder.

To get an idea of what you can afford, you should get prequalified. You can get prequalified by contacting an expert at ooba Home Loans or by using our free, online prequalification tool, the Bond Indicator.

Get prequalified for a home loan today

DIY with our online prequalification tool, or speak to an expert.

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Ooba home loans services are simply the best. My Consultant Bianca Dancer was so hands on and helpful from the get go. She guided me through the entire process and put me at ease being a first time buyer. I highly recommend their services.

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Jay Govender and Maleshini Reddy from OOBA provided outstanding assistance and guidance in securing our home loan. Response times were excellent and they were professional and friendly.

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Estelle Vorster was really helpful in securing the best deal for my home loan, she not only negotiated a lower interest rate she went as far as securing 50% discount on the transfer costs.

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