Quarterly year-on-year rental growth continues to accelerate in South Africa, reaching its highest level since the final quarter of 2017. PayProp’s most recent Rental Index shows that rental growth reached 4.4% in both April and May, followed by 4.2% in June 2023. The average national rent figure now stands at R8 375.
The popularity of golf estate homes continues to grow
18 Aug 2023
During the Covid-induced property boom, demand for golf estate homes increased when work-from-home space and ‘room to breathe’ fuelled a growing demand for more spacious properties.