Cape Coastal Homes Logo
You are here: Cape Coastal Homes / Latest News / South African Property Ownership Statistics General Household Survey

South African Property Ownership Statistics - General Household Survey

SHOWING ARTICLE 350 OF 1096
GALLERY

South African Property Ownership Statistics - General Household Survey

  • The General Household Survey 2018 by Stats SA found that more than 35% of South Africans own a house.
  • Women are more likely to own their dwellings. 
  • The survey found, among other results, that one in five households had a pension. 

The General Household Survey 2018, released on Tuesday by Statistics SA, found that 35.3% of South African households own a dwelling, and 5.4% own land. 

Some 18.3% of dwellings owned by households is owned by one person, while 17% is jointly owned. 

Regarding land, 2.3% of South African individuals own land, while 3.1% are joint owners.  

The report did not explain whether land refers to unoccupied property, farms or other private property.  

The survey also found that 5.5% of men owned land compared to 5.4% women of women, but 37.6% of women owned dwellings compared to 32.8% of men. 

More than one in five South African households (22%) had a pension, and 29.7% had an investment account. 

Some 66.8% of South African households reported having a bank account.

Men were more likely to have a pension (25.6%) than women (18.9%), and more likely to have a bank account (67.9%) than women (65.9%). 

By contrast, ownership of informal savings (such as stokvels) was more common amongst women (18.1%) than men (10.3%). 

The survey was compiled through face-to-face interviews with 21,908 households across the country's nine provinces between January and December 2018.  

Author Business Insider SA
Published 30 May 2019 / Views -
Disclaimer:  While every effort will be made to ensure that the information contained within the Cape Coastal Homes website is accurate and up to date, Cape Coastal Homes makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.