Property prices in Richards Bay
The typical asking price in Richards Bay, KwaZulu-Natal is R 2 447 500 for a house, R 890 000 for an apartment and R 1 350 000 for a townhouse. The typical house price in Richards Bay is 32% above the typical KwaZulu-Natal price of R 1 850 000. At R 8 920 per m², houses in Richards Bay cost 13% less than the KwaZulu-Natal figure of R 10 241, which points to larger homes. Of the 66 towns in KwaZulu-Natal with a typical house price, Richards Bay has the 20th highest. Apartments typically rent for R 8 520 a month, houses for R 15 500. Houses in Richards Bay return a gross rental yield of 4,7%, below the KwaZulu-Natal figure of 11,7%. Figures updated in November 2026.
Prices for sale in Richards Bay
| Home type | Median asking price | Median per m² | Middle 50% per m² | Confidence |
|---|---|---|---|---|
| Houses | R 2 447 500 | R 8 920 | R 6 398 – R 11 435 | 5 / 5 |
| Apartments | R 890 000 | R 13 704 | R 11 225 – R 17 416 | 4 / 5 |
| Townhouses | R 1 350 000 | R 12 685 | R 10 958 – R 14 515 | 5 / 5 |
| Bedrooms | Houses | Apartments | Townhouses |
|---|---|---|---|
| 1 bedroom | — | R 710 000 | — |
| 2 bedrooms | R 1 085 000 | R 890 000 | R 1 210 000 |
| 3 bedrooms | R 2 100 000 | R 1 100 000 | R 1 570 000 |
| 4 bedrooms | R 2 800 000 | — | — |
| 5 bedrooms | R 4 240 000 | — | — |
| 6+ bedrooms | R 3 625 000 | — | — |
Rents in Richards Bay
| Home type | Median rent / month | Median per m² / month | Middle 50% per m² | Confidence |
|---|---|---|---|---|
| Houses | R 15 500 | R 35 | R 15 – R 83 | 2 / 5 |
| Apartments | R 8 520 | R 127 | R 111 – R 147 | 4 / 5 |
| Townhouses | R 14 398 | R 105 | R 96 – R 118 | 3 / 5 |
| Bedrooms | Houses | Apartments | Townhouses |
|---|---|---|---|
| 1 bedroom | — | R 7 282 | — |
| 2 bedrooms | R 9 283 | R 8 161 | R 12 524 |
| 3 bedrooms | R 14 881 | R 12 022 | R 15 788 |
| 4 bedrooms | R 21 542 | — | — |
| 5 bedrooms | R 25 886 | — | — |
| 6+ bedrooms | R 38 386 | — | — |
Gross rental yield by home type in Richards Bay
| Home type | Gross yield |
|---|---|
| Houses | 4,7% |
| Apartments | 11,1% |
Suburbs in Richards Bay
Gross yields compare area-level asking rents and sale prices before costs.
| Suburb | Median asking price | Median rent / month | Gross yield |
|---|---|---|---|
| Aquadene | R 849 000 | — | — |
| Arboretum | R 1 945 000 | R 14 500 | — |
| Birdswood | R 2 315 000 | R 15 500 | — |
| Brackenham | R 1 775 000 | R 9 500 | — |
| Meer En See | R 3 115 000 | R 19 050 | — |
| Mzingazi | R 1 150 000 | — | — |
| Mzingazi Golf Estate | R 7 000 000 | R 46 000 | — |
| Richards Bay Central | R 600 000 | R 13 500 | — |
| Tuzi-Gazi | — | — | — |
| Veld En Vlei | R 2 500 000 | R 15 285 | — |
| Wild en Weide | R 1 842 500 | R 12 750 | — |
| Suburb | Median asking price | Median rent / month | Gross yield |
|---|---|---|---|
| Aquadene | — | — | — |
| Arboretum | R 927 500 | R 8 500 | — |
| Birdswood | — | R 11 000 | — |
| Brackenham | R 695 000 | R 7 500 | — |
| Meer En See | R 1 130 000 | R 9 125 | — |
| Mzingazi | — | — | — |
| Mzingazi Golf Estate | R 2 600 000 | R 24 200 | — |
| Richards Bay Central | R 799 000 | R 7 000 | — |
| Tuzi-Gazi | R 3 850 000 | R 26 500 | — |
| Veld En Vlei | R 800 000 | R 6 600 | — |
| Wild en Weide | R 782 000 | R 7 700 | — |
| Suburb | Median asking price | Median rent / month | Gross yield |
|---|---|---|---|
| Aquadene | — | — | — |
| Arboretum | R 1 365 000 | R 16 000 | — |
| Birdswood | R 1 395 000 | R 12 540 | — |
| Brackenham | — | — | — |
| Meer En See | R 1 375 000 | R 14 900 | — |
| Mzingazi | — | — | — |
| Mzingazi Golf Estate | R 5 800 000 | — | — |
| Richards Bay Central | R 995 000 | — | — |
| Tuzi-Gazi | — | — | — |
| Veld En Vlei | R 1 067 000 | R 15 000 | — |
| Wild en Weide | — | R 16 225 | — |
Grey figures are indicative.
Figures are asking prices, not completed sale prices. Data last updated: .