Well off South Africans have various options at there disposable even with the recent rate hike.
With average rental prices in South Africa sitting around R8,000 a month, we looked at what was available for less.
Have a look at homes R6 million can buy you in South Africa compared with the UK, Ireland, the Netherlands, and Australia.
The Western Cape has become a hotspot for South Africans looking to leave other metros for more remote work options and a possibly higher salary, says real estate company Seeff.
Rising inflation and increases in the prime lending rate have not deterred the home buying market in South Africa, says Ooba chief executive Rhys Dyer.
A surge in 'semigration' has seen individuals of all ages flock to South Africa's attractive coastal towns.