Residential properties under 300,000 South African rands comprised the largest share of the residential stock in South Africa in 2021. According to the source, there were over 2 million of these entry market properties. The affordable market segment refers to housing in the 300,000 to 600,000 South African rands price range, whereas properties up to 900,000 South African rands are considered part of the conventional market segment. High-end and luxury housing, on the other hand, is housing in the 900,000 to 1.2 million South African rands price range and over 1.2 million South African rands, respectively.
Number of residential properties in South Africa in 2021, by price range
(in millions)
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Centre for Affordable Housing Finance in Africa. (March 4, 2022). Number of residential properties in South Africa in 2021, by price range (in millions) [Graph]. In Statista. Retrieved January 04, 2025, from https://www.statista.com/statistics/1330117/residential-properties-in-south-africa-by-price/
Centre for Affordable Housing Finance in Africa. "Number of residential properties in South Africa in 2021, by price range (in millions)." Chart. March 4, 2022. Statista. Accessed January 04, 2025. https://www.statista.com/statistics/1330117/residential-properties-in-south-africa-by-price/
Centre for Affordable Housing Finance in Africa. (2022). Number of residential properties in South Africa in 2021, by price range (in millions). Statista. Statista Inc.. Accessed: January 04, 2025. https://www.statista.com/statistics/1330117/residential-properties-in-south-africa-by-price/
Centre for Affordable Housing Finance in Africa. "Number of Residential Properties in South Africa in 2021, by Price Range (in Millions)." Statista, Statista Inc., 4 Mar 2022, https://www.statista.com/statistics/1330117/residential-properties-in-south-africa-by-price/
Centre for Affordable Housing Finance in Africa, Number of residential properties in South Africa in 2021, by price range (in millions) Statista, https://www.statista.com/statistics/1330117/residential-properties-in-south-africa-by-price/ (last visited January 04, 2025)
Number of residential properties in South Africa in 2021, by price range (in millions) [Graph], Centre for Affordable Housing Finance in Africa, March 4, 2022. [Online]. Available: https://www.statista.com/statistics/1330117/residential-properties-in-south-africa-by-price/
