News

There is nothing stagnant about the property industry and Private Property will keep you in the loop through its dedicated Property News portal. Important elements such as whether it’s a buyers’ or sellers’ market, industry trends, and property news specific to South Africa are covered in this section.

Market Industry Private Property South Africa
Renewed focus on tourism a big boost for Klein Karoo property
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Renewed focus on tourism a big boost for Klein Karoo property

The announcement by President Cyril Ramaphosa in his SONA address that tourism is one of the key focus areas for economic growth is excellent news for areas such as the Klein Karoo and surrounds

Free help offered to contest incorrect property valuations
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Free help offered to contest incorrect property valuations

Property owners who are unhappy with their municipal property valuations have a short time to file objections and a real estate group is offering their help for free.

Why the Gauteng property market should strengthen this year
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Why the Gauteng property market should strengthen this year

Affordable homes and an increase in first-time buying is expected to boost the property market in the province this year.

How Durban landlords can address tenant affordability
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How Durban landlords can address tenant affordability

Property owners in the Durban CBD are addressing the affordability challenge that faces many prospective tenants in their area – and reconfiguring the inner city rental market in the process.

Cape Town’s City Bowl market slows down
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Cape Town’s City Bowl market slows down

The weak economy and political instability has seen house price growth in the City Bowl decline from a high of 23.5% in the second quarter of 2016, to 12% at the end of 2017.

Saving for a deposit will take first-time buyers three years
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Saving for a deposit will take first-time buyers three years

First-time buyers typically need to save for 3 years to afford the deposit on a home] - VAT and fuel price increases are going to make it even more difficult to reach that goal.

What rental properties are still in demand in the Southern Suburbs
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What rental properties are still in demand in the Southern Suburbs

The Western Cape may still be achieving the highest rental growth rates but 2017 proved to be a tough year for this sector.

Property valuations shock: What homeowners can do
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Property valuations shock: What homeowners can do

Joburg property owners are up in arms over the new municipal valuations of their properties, which have increased by more than 100% in some instances.

Major developments expected for Linbro Park and Modderfontein
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Major developments expected for Linbro Park and Modderfontein

Thousands of residential units are expected to be built in the Gauteng suburbs this year.