Author Archives: steven

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

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Plettenberg Bay Property Statistics – 11.11.2019

Plett Property Market Review 2019-11-11 Residential property selling prices are currently under pressure because the number of sales has steadily declined over the past 3 years. Interestingly, though, the average residential property prices remained unchanged over the same historic period. … Continue reading

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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

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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

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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

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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

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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

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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

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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

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Knysna Regional District – 26.10.2011

Knysna Regional District Property Market Overview 26 October 2011: Prices in the rural property market in  Knysna Regional District (the area around Plettenberg Bay  and Knysna) remain under pressure in 2011. While prices continued to climb, the  number of sales … Continue reading

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