Latest real estate news in Observatory, Johannesburg view all news in Observatory
Market & Opinion
Affordably priced Cape Metro homes below R1.5m are being snapped up
08 Apr 2021
Affordably priced homes below R1.5 million are flying off the shelves in the Cape Town Metro, to the extent that there is currently a shortage of stock in this price band.
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Market & Opinion
Important factors to consider when creating a dual living property
07 Apr 2021
Already a growing trend in South Africa prior to Covid-19, the pandemic has accelerated the concept of dual living and estate agents in many areas in Cape Town are fielding an increasing number of queries for properties that will accommodate more than one family, but they are few and far between.
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Market & Opinion
First-time buyers are loving these suburbs
04 Jan 2021
Data analytics company, Lightstone, recently published a new report that has revealed that first-time buyers are entering the market in the R700k to R1,5m valuation bands as opposed to less expensive valuation bands - and they have favourite suburbs.
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Market & Opinion
First-time buyers flock as Cape Town market becomes increasingly accessible
30 Nov 2020
In recent years, first-time buyers have been increasingly excluded from the Cape Town market as double-digit growth saw prices skyrocket and property in many areas become inaccessible, especially to younger buyers, but a bullish buyer’s market and record low-interest rates have precipitated a notable shift.
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