The announcement by Government that homeowners were going to have to reach further into their already empty wallets and pay higher rates on second properties came as a major shock.
Over the past few years, the suburb of Greenside in Johannesburg has burgeoned into a melting pot of eclectic properties and restaurants.
Scratch but a little beneath Sandton’s heavily developed veneer and you’ll find a diminutive, yet unspoilt country gem in the form of Inanda.
Homeowners use this period with an increased amount of traffic to either place their properties on the market or prepare it for lucrative holiday rentals.
The established, up-market suburb of Wierda Valley in Sandton is becoming increasingly commercialised.
South African property catapulted into a realm of high demand, high returns and high general interest during 2004 and kept its idyllic state until the recession in 2008..
Community living has grown in popularity around the world, and South Africa is no exception.
It has been widely publicised that the South African property market is well on the road to recovery..
Parkhurst property prices have seemingly reached a ceiling and might even taper off slightly before the end of the year.
