8 Properties to rent in Sunningdale

Activity within the South African property market has begun to cool down, largely owing to higher interest rates and an unstable electricity supply. However, some parts of the country seem less affected than others by the tightening market conditions.

The rental rate for a family house in a middle-class suburb is now around R14,000 to R28,000 per month with the average at around R20,000, according to the Seeff Property Group.

While there is today a greater awareness of the benefits of owning a residential property to rent out for passive income, aspirant landlords are faced with some key decisions when making this kind of investment.