Rental Market ‘Quick Stats’ by Province

Subscribe to our mailing list to get important rental information and training delivered to your inbox:

The most up to date rental market stats were released by TPN recently.

Here are the ‘quick stats’ by province . . .

National:

  • Vacancy rate: 8.26%
  • Rental escalations: 1.93%
  • TPN Market Strength Index: 52.8%
  • Tenants in good standing: 80.78%

Western Cape:

  • Vacancy rate: 2.91%
  • Rental escalations: 2.97%
  • Tenants in good standing: 86.42%

Gauteng:

Vacancy rate: 8.69%
Rental escalations: 0.92%
Tenants in good standing: 78.83%

KZN:

Vacancy rate: 13.26%
Rental escalations: 4.15%
Tenants in good standing: 80.89%

Eastern Cape:

Vacancy rate:
Rental escalations: 3.92%
Tenants in good standing: 83.83%

Click here to download & read the full Residential Rental Monitor 2022 Q1.

Also, remember you can download investor reports down to a suburb level from TPN to send to clients and prospective clients. Click here to get the report for your focus area.

Leave a Comment

Your email address will not be published.