Property prices in Pennington

The typical asking price in Pennington, KwaZulu-Natal is R 2 200 000 for a house, R 1 500 000 for an apartment and R 1 900 000 for a townhouse. The typical house price in Pennington is 19% above the typical KwaZulu-Natal price of R 1 850 000. Of the 66 towns in KwaZulu-Natal with a typical house price, Pennington has the joint 23rd highest. Figures updated in November 2026.

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Prices for sale in Pennington

Median asking price by home type, Pennington
Home typeMedian asking priceMedian per m²Middle 50% per m²Confidence
HousesR 2 200 000R 11 399R 7 857 – R 15 8423 / 5
ApartmentsR 1 500 000R 9 940R 9 940 – R 14 2562 / 5
TownhousesR 1 900 000R 10 000R 8 796 – R 10 8534 / 5
Median asking price by bedrooms, Pennington
BedroomsHousesApartments
3 bedroomsR 1 950 000R 1 650 000
4 bedroomsR 2 200 000—
6+ bedroomsR 4 500 000—

Rents in Pennington

Median monthly rent by home type, Pennington
Home typeMedian rent / month
HousesR 12 000
TownhousesR 25 000

Suburbs in Pennington

Gross yields compare area-level asking rents and sale prices before costs.

Houses: suburb asking prices, monthly rents and gross yields, Pennington
SuburbMedian asking priceMedian rent / monthGross yield
PenningtonR 2 200 000R 12 000—
Apartments: suburb asking prices, monthly rents and gross yields, Pennington
SuburbMedian asking priceMedian rent / monthGross yield
PenningtonR 1 500 000——
Townhouses: suburb asking prices, monthly rents and gross yields, Pennington
SuburbMedian asking priceMedian rent / monthGross yield
PenningtonR 1 900 000R 25 000—

Grey figures are indicative.

Figures are asking prices, not completed sale prices. Data last updated: .