According to Warren Aronson, Business Development Executive from Aucor Property, smaller South African towns, known as second tier cities, have seen a significant growth in the past few years. Not only do these cities offer more affordable living options, but they also provide better quality working environments away from the hustle and bustle of major urban hubs. With remote work becoming the norm in many industries, there's never been a better time to explore the possibilities of living and working in these phenomenal smaller cities.

If you are thinking of investing in property, you can’t go wrong with a home on the coast. Not only are the prices of properties located within 5km of the ocean experiencing faster growth, but the margin by which this exceeds non-coastal house price inflation has risen to an average of 3.1% for January to April 2022 - the highest coastal price premium since mid-2005, according to Lightstone property data. Also, you are assured of a good yield on your investment as properties in these areas are always sought after.

The luxury housing rental market continues its strong recovery according to the Seeff Property Group’s rental agents. Areas such as the Cape Town Atlantic Seaboard, Constantia Upper, Bishopscourt, Sandton, Paarl, Franschhoek and luxury estates, in particular, are once again achieving monthly rentals of over R100,000 per month.