The average age of tenants in the South African residential market has crept up and so has their average rental payment, which breached the R9,000 mark in the last quarter of 2024.
According to rental property management company Payprop’s index for the period, 6.8% of tenants were older than 60, compared with 5.8% two years prior, and the number of renters between 20 and 29 dropped one percentage point. ..
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.