Author Archives: steven
Plettenberg Bay Property Statistics – December 2023
Plett Property Market Review 2023-12-06 Average prices in Plettenberg Bay’s property market unexpectedly had another dramatic increase in 2023. A lot of 2023 sales will only register next year, but preliminary figures show average prices increased by 26%. This was … Continue reading
Financial Mail article: Plett (finally) pips Cape Town
Click here to read the article: https://www.businesslive.co.za/fm/features/cover-story/2021-12-09-sas-top-suburbs-plett-finally-pips-cape-town-to-the-post/
Bitou Non-Urban Property Market October 2019
The figures below were taken from deeds information on the 19th of October 2019. Rural sales for Bitou non-urban area are listed by date of registration. Sales below R200 000, known non-arm’s length transactions and duplications (e.g. municipal purchases) are … Continue reading
Wittedrift Property Statistics – 17.01.2019
Wittedrift Market Review 2019-01-17 The Wittedrift property market remained fairly flat in 2017 and 2018, after strengthening in 2016. In 2018, seven propertied transferred for an average of R790,000 (2016 saw 11 properties at an average of R975,000). A sectional … Continue reading
Nature’s Valley Property Statistics – 17.01.2019
Natures Valley Property Market Review 2019-01-17 Natures Valley saw averages of R2,9million (11 properties) in 2015, R4,5million (7 properties) in 2016, R4,4million (11 properties) in 2017 and R3,9million in 2018 (11 properties). Increased “semigration” to the Western Cape continues, though … Continue reading
Keurboomstrand Property Statistics – 17.01.2019
Keurbooms Property Market Review 2019-01-17 In Keurbooms proper (main town) 4 properties transferred in 2018 for an average of R7,86million each or R31,432,000 in total. The total and number of sales were substantially down and the average was substantially up. … Continue reading
Things to Consider When Objecting to Municipal Valuations
The Municipal Property Rates Act (MPRA) stipulates that all properties in each municipal district need to be valued every four years. Mass appraisal techniques based on comparable sales are necessarily used by the Municipal Valuer to fulfill this function. Mistakes … Continue reading
Have you declared the Invasive Species on your property?
In terms of current legislation, invasive species are a liability to every property owner. Invasive species are controlled by the National Environmental Management: Biodiversity Act (NEMBA) which became law on 1 October 2014. It states that a person who is … Continue reading
Robberg Beachfront Property Market Overview June 2015 (single residential):
Robberg Beachfront Property Review _single residential_ 2015-06-25 Since 2000 property markets around the world including South Africa and Plettenberg bay have experienced some of the most interesting times in property for many decades. We experienced exponential growth that saw properties … Continue reading
River Club Property Statistics – 26.07.2013
River Club Property Market Review 2013-07-26 The River Club is one of the more popular suburbs in PlettenbergBay, due to direct river access, proximity to the beach and shops, comparatively good holiday rental income, sports facilities, and good security. This … Continue reading