How much do you pay for rent?

Reality is when you are in your 20's and you earn a decent salary you do one of two things, either buy your first house or a buy a car with your heart. You will never convince somebody who wants to buy a R300K-400K car that he is making a mistake and should rather buy property.

But I wanna go fast m'kay :(
 
3 bedroom, 2 toilet, 110 sqm, R5500 (up from R4900 aug 2013).

Val de grace, Pretoria. The N4 is within earshot for one of the rooms. The finishing off the apartment is not very nice, but it is a nice complex.

Currently sharing the house with 2 others, also paying, so I'm paying R1833 pm (excluding all else) !
 
R3820 for a well secured house with huge garage, front stoep (can host around 30 people party here no problem, 50 to 100 if I open the lounges and back stoep), back secured stoep, 3 bedrooms, 2 lounges, 1 bathroom, 1 laundry huge kitchen, study with walk in safe and huge garden.
Included in price is water+electricity+refuse+lawn mowed 1 to 4 times a month (depending on the time of year).
 
R3820 for a well secured house with huge garage, front stoep (can host around 30 people party here no problem, 50 to 100 if I open the lounges and back stoep), back secured stoep, 3 bedrooms, 2 lounges, 1 bathroom, 1 laundry huge kitchen, study with walk in safe and huge garden.
Included in price is water+electricity+refuse+lawn mowed 1 to 4 times a month (depending on the time of year).

Location of this dream setup?
 
R3700 incl lights and water.

granny flat, lovely garden, separate entrance.

about 70m², can put washing machine in main house's laundry.

milnerton
 
R7 000pm, 1 bedroom in Illovo JHB.

I think its daylight robbery, but the alternative is to spend hours in traffic every day.
 
R3820 for a well secured house with huge garage, front stoep (can host around 30 people party here no problem, 50 to 100 if I open the lounges and back stoep), back secured stoep, 3 bedrooms, 2 lounges, 1 bathroom, 1 laundry huge kitchen, study with walk in safe and huge garden.
Included in price is water+electricity+refuse+lawn mowed 1 to 4 times a month (depending on the time of year).

Can't be anywhere near a main city. Such a place in JHB would be double, if not triple that price.
 
R7 000pm, 1 bedroom in Illovo JHB.

I think its daylight robbery, but the alternative is to spend hours in traffic every day.

You get a two bedroom place all to yourself for that in JHB.
 
You get a two bedroom place all to yourself for that in JHB.

I used to drive close to 60km per day from Bedfordview to Sandton. Even though my new place is smaller and more expensive, I only drive 6km a day (huge petrol saving), plus I have 2 hours extra in a day.
 
I used to drive close to 60km per day from Bedfordview to Sandton. Even though my new place is smaller and more expensive, I only drive 6km a day (huge petrol saving), plus I have 2 hours extra in a day.

Exactly this. Extra hours that can be spent productively, and less hours out of dangerous traffic.

Cutting down on commuting = huge gain in my opinion.
 
Looking at house prices, most of your are paying the full amount of your landlords bond :erm:

The average bond on the average house in JHB is north of R10k. Most people here are paying less than that? (And some areas like Melrose, R10k a month won't even pay half the bond). Granted if you're paying close to what the bond would be and you're not likely to move around a lot you'd be better off buying.
 
R6600 per month
2 bedrooms
2 bathrooms
open plan dining room and lounge
kitchen
double garage
big patio
big garden at the back
garden service come around once a week to mow the lawn

in Equestria, Pretoria

Will probably look at buying a 3 bedroom place in the area at the end of this year. Something off plan.
 
Looking at house prices, most of your are paying the full amount of your landlords bond :erm:

But not everybody is in the situation where they can buy a home.

Problem I had all my life as the issue was never if we could afford the bond, it's that the banks that had the issue.


That said my neighbour rents out her garage and it pays her bond.
 
R7 900, 3 large bedrooms, 2 bath, single garage. Sonstraal Heights. Inc electricity. One unit was in the market 3 months back for R1,35m which is crazy. Next year when rent goes up will hopefully be my last renting and will then look at buying. Three bed places in the Northern Subs and Durbanville area ain't cheap though.
 
The average bond on the average house in JHB is north of R10k. Most people here are paying less than that? (And some areas like Melrose, R10k a month won't even pay half the bond). Granted if you're paying close to what the bond would be and you're not likely to move around a lot you'd be better off buying.

Most of the places I've looked at, mind you Randburg with 2beds and 2baths, the bond would be on average R7.5k. I do agree that R10k is the norm in some areas but you find some hidden gems.
 
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