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Rental growth hits highest level since 2017
Market & Opinion
Rental growth hits highest level since 2017
25 Aug 2023
Quarterly year-on-year rental growth continues to accelerate in South Africa, reaching its highest level since the final quarter of 2017. PayProp’s most recent Rental Index shows that rental growth reached 4.4% in both April and May, followed by 4.2% in June 2023. The average national rent figure now stands at R8 375.
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The popularity of golf estate homes continues to grow
Market & Opinion
The popularity of golf estate homes continues to grow
18 Aug 2023
During the Covid-induced property boom, demand for golf estate homes increased when work-from-home space and ‘room to breathe’ fuelled a growing demand for more spacious properties.
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Improved rental returns are expected from well-positioned properties
Market & Opinion
Improved rental returns are expected from well-positioned properties
26 Apr 2023
According to TPN Credit Bureau, aggressive interest rate hikes will slow down residential property value growth, but well-positioned properties are expected to show improved rental returns.
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Semigration driving economic growth in smaller South African towns
Market & Opinion
Semigration driving economic growth in smaller South African towns
27 Feb 2023
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.
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