Johannesburg still has the cheapest houses in South Africa

If you live in Johannesburg, want to buy a house, and cannot afford one, think twice. You may have to relocate to the smaller towns or the rural areas because Johannesburg has the cheapest houses in the metropolitan centres of South Africa.

According to the latest ABSA Housing Review, Johannesburg Central and South have the cheapest small houses in the mid-segment category.

These are houses of 80m²-140m².

Port Elizabeth comes in second place with, ironically, East Rand having the most expensive in this segment.

The average small house in Johannesburg Central and South costs R592 523 while in East Rand the average is R1.04 million.

Port Elizabeth takes top spot in the middle-sized and large houses.

Middle sized houses are 141m² to 220m² while large houses are from 221m² to 400m².

In PE medium houses cost R759 921 and large houses R1.4 million.

Cape Town is the most expensive in these categories with medium houses going for R1.5 million and large ones for R2.2 million.