Lightstone Property. Giving you detailed information on any property in South Africa

Transcription

1 Lightstone Property Giving you detailed information on any property in South Africa

2 Contents National property market Cape Town vs the rest Cape Town hotspots Buyer demographics Information available to property buyers

3 Contents National property market Cape Town vs the rest Cape Town hotspots Buyer demographics Information available to property buyers

4 Property market overview Residential vs Non Residential Property Type Sectional Title Residential Freehold Non-residential Estates

5 Number of Properties Nationally Volume: 6,4 m Value: R4,7 tn 33,8% 37,8% 3,2% 2,2% 4,8% 3,6% 5,3% 3,4% 2,8% 1,3% 13,1% 12,1% 7,9% 3,9% 17,4% 25,4% 10,3% 6,6%

6 Contents National property market Cape Town vs the rest Cape Town hotspots Buyer demographics Information available to property buyers

7 Overview of Property Stock Segmenting within Residential 33,8% 37,8% 3,2% 2,2% National City of Cape Town City of Johannesburg 4,8% 3,6% 2,8% 1,3% 17,4% 25,4% 10,3% 6,6% 7,9% 3,9% More than R3m R1.5m R3m R1m R1.5m R700k R1m R500k R700k R250k - R500k R0 R250k

8 National House Price Growth Forecast Current annual inflation rate is 3.73% Monthly is 0.32% High Forecast 2,3% Lightstone House Price Inflation Forecast (year-on-year) Mid Forecast 1,3% Low Forecast 0,2%

9 Annual Inflation House Price Growth in the Western Cape 50% 40% 30% 20% 10% 0% -10% National Gauteng Western Cape City Of Cape Town

10 Volume of Stock Property Transfer Activity 12k 10k 8k 6k 4k 2k 0 First Private Registration Date

11 Cape Town Median Property Value Less than R250k R250k R700k R700k R 1.5m R1.5m R3m More than R3m

12 Contents National property market Cape Town vs the rest Cape Town Hotspots Buyer demographics Information available to property buyers

13 Most Expensive Streets and Suburbs Top Suburbs average value R 21.3m R 17.8m R 16.4m R 15.3m Clifton, Cape Town Sandhurst, Johannesburg Llandudno, Cape Town Bantry Bay, Cape Town R 13.6m Westcliff, Johannesburg R 13.6m Bishopscourt, Cape Town Top Streets average value R 28.3m Torquay Avenue, Bishopscourt, Cape Town R 24.4m Dunkeld Avenue, Bishopscourt, Cape Town R 26.4m Glen Beach Road, Camps Bay, Cape Town R 23.2m Exeter Avenue, Bishopscourt, Cape Town R 25.6m Ocean View Drive, Bantry Bay, Cape Town R 24.8m Oxford Avenue, Sandhurst, Gauteng

14 Top 10 High Growth Suburbs over 2016 Suburb Name House Price Inflation LAVENDER HILL 11.6% SILVERTOWN 11.2% FACTRETON 10.9% STEENBERG 10.4% BALVENIE 10.3% BISHOP LAVIS 9.2% WESTLAKE 9.2% NOOITGEDACHT 8.4% UITSIG 8.4%

15 Most Expensive and High Growth Estates Median Property Value R 16.2m R 13.7m R 13.0m R 12.6m Silverhurst Estate High Constantia Steenberg Golf Estate Riversong, Fernwood Estate R 12.2m R 11.1m Morgenzon Estate Silvertree Heights 25% Silverkloof Estate, Plattekloof 22% Kleinplasie, Whispering Pines House Price Growth 20% Rochefort Village, Pinehurst 20% Fechters Mews, Brackenfell South 17% De Wilde Vijgen, Brackenfell South 16% Norwich Lane, Parklands

16 Contents National property market Cape Town vs the rest Cape Town Hotspots Buyer demographics Information available to property buyers

17 Age of Buyer by Province 60% 50% 40% 30% 20% 10% 0% Limpopo Free State Northern Cape Western Cape Kwazulu Natal Mpumalanga NorthWest Gauteng Eastern Cape Older

18 Buyer Age for Properties Purchased (last 12 months) Older

19 Average Number of Buyers Average Number of First-time Buyers Top 10 Suburbs Western Cape Pelikan Park Parklands Delft Khayelitsha Langa Table View Muizenberg Plumstead Sunningdale Klapmuts City Of Cape Town Stellenbosch Western Cape

20 Contents National property market Cape Town vs the rest Cape Town Hotspots Buyer demographics Information available to property buyers

21 Information available to property buyers Property Details Size of stand Previous sales prices Transfer History How many times the property has been sold and who owned it before you Imagery Measure the area under roof Crime, Fire And other insurance related aspects of a property Lightstone Information Available Lightstone s Predicted Value With confidence scores and municipal valuations Area Details Other properties sold in the area Demographic information (age of owners and period of ownership) Amenities Showing various amenities near to the property Growth and Activity trends

22 Thank you You