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What is the building cost per square meter?

The average cost of building a property in South Africa varies according to province.

Currently the most expensive place to build is KwaZulu Natal, with an average cost of R9 610 per square meter.

The most affordable is the North West, at R5 060 per square meter.

According to Stats SA, average rates in other provinces are:

Western Cape — R7 020
Eastern Cape — R6 270
Gauteng — R7 870
Free State — R6 660
Northern Cape — R6 910
Mpumalanga — R5 690
Limpopo — R5 270

Whether you choose to build or buy a home, ooba Home Loans can make the home loan application process easier by applying to multiple banks on your behalf, helping you secure the best deal on your home loan.

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