Lightstone Property Detailed information on property in South Africa What to expect…
National property market
Cape Town vs the rest
Cape Town hotspots
Buyer demographics
Information available to property buyers National house price growth forecast
Lightstone house price inflation forecast (year-on-year) Current annual inflation rate is 6% 3.97% Monthly is 0.27%
5%
4% High Road Forecast Low Road Scenario scenario 3% 5,4% 3,9% 2,9%
2%
1%
0% Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2014 2015 2016 2017 2018 Property market overview
Residential vs Non Residential Residential Property Type Volume Value
Sectional Title
Residential
Total of
Total of 6,5 million residential Freehold 8 million properties properties valued at R5 trillion
Non-residential Estates Disparity in the residential property market
3,2% 2,2% Volume: 6,5 million 34,0% 38,1% Value: R5 trillion 5,5% 4,8% 3,5% 3,0%
13,1% 2,7% 12,4% 1,3%
7,7% 3,5%
17,7% 10,2% 27,2% 6,4% Municipal breakup of residential property value We are here…
National property market
Cape Town vs the rest
Cape Town hotspots
Buyer demographics
Information available to property buyers Overview of property stock – segmenting within residential
National City of Cape Town City of Johannesburg Volume Value Volume Value Volume Value 33,8% 37,8%
More than R3m R1.5m – R3m R1m – R1.5m R700k – R1m R500k – R700k R250k - R500k R0 – R250k House price growth Western Cape
50%
40%
30%
20% Annual Inflation Annual
10%
0%
-10% 2000 2002 2004 2006 2008 2010 2012 2014 2016 Property transfer activity
12k
10k
8k
6k Volume of Stock Volume
4k
2k
0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 2016 2013 2014 2017 2018 First private registration date Western Cape water crisis and the property market
January sales average purchase price in Western Cape
R 2 500 000
R 2 000 000
R 1 500 000
R 1 000 000
R 500 000
R 0 2013 2014 2015 2016 2017 2018
Estate Freehold Sectional Title Western Cape water crisis and the property market
Activity growth from January 2017 to 2018 Bonded activity growth
64% 52%
53%
23% 19% 13% 13% 8%
2%
Listing's growth Bond Growth Transaction Growth Perentage of Growth Eastern Cape Western Cape Estate Freehold Sectional Title Western Cape water crisis and the property market
Percentage of Foreign Investments in Property (January year-on-year) 4,0%
3,5%
3,0%
2,5%
2,0% 2015 2016 2017 2018 We are here…
National property market
Cape Town vs the rest
Cape Town hotspots
Buyer demographics
Information available to property buyers Most expensive streets and suburbs in Western Cape
Top suburbs – average value R 17.1m R 15.7m R 13.1m R 12.3m Bishopscourt, Llandudno, Constantia Heights, Clifton, Cape Town Cape Town Cape Town Cape Town R 12.2m R 12.2m Steenberg Golf Estate, De Bosch, Cape Town Stellenbosch
Top streets – average value R 25.9m R 25.4m R 24.1m Nettleton Road, Hillwood Avenue, Steenways Road, Clifton Bishopscourt Llandudno
R 23.7m R 23.3m R 22.6m Torquay Avenue, Glen Beach Road, Upper Primrose Avenue, Bishopscourt Camps Bay Bishopscourt Top 10 high growth suburbs over 2018
Suburb name House price inflation
Robberg Ridge 20% Southern Cross 19% The Island 16% Raithby 14% Clara Anna Fontein 12% Mount Pleasant 12% Paardevlei 12% Welcome Glen 12% Jamestown 12% Stanford 11% Most expensive and high growth estates in Western Cape
Median property value
R 16.2m R 15.8m R 14.8m R 14.4m High Steenberg, Silverhurst Estate, Riversong, Silversteen Estate, Cape Town Cape Town Cape Town Cape Town R 14.4m R 13.8m Whale Rock Beach, Warblers Grove, Plettenberg Bay Cape Town
House price growth 21% 14% 13% Nottinghill, The Anchorage, Rochefort Village, Parklands Muizenberg Pinehurst
13% 13% 12% St Johns Wood Country Village, Sultana Select, Estoril, Durbanville Central Uitzicht Rugby Cape Town median property value
Less than R250k R250k – R700k R700k – R 1.5m R1.5m – R3m More than R3m We are here…
National property market
Cape Town vs the rest
Cape Town hotspots
Buyer demographics
Information available to property buyers Buyer age for properties purchased (last 12 months)
18 - 25 23 - 35 35 - 45 45 - 55 55 - 65 65 - Older Top 10 suburbs with the highest number of first time buyers
700
600
500
400
300 Number ofBuyers Number
200
100
0 Pelikan Park Parklands Khayelitsha Heideveld Greenville Buh-Rein Table View Watergate Burgundy Wynberg Garden City Estate Estate Estate
Cape Town We are here…
National property market
Cape Town vs the rest
Cape Town hotspots
Buyer demographics
Information available to property buyers Information available to property buyers
Transfer History • How many times the Property Details property has been sold Imagery • Size of stand and who owned it • Measure the area • Previous sales prices before you under roof
Lightstone Crime, Fire… Lightstone’s Predicted Value • And other insurance related information • With confidence scores and aspects of a property available municipal valuations
Area Details Amenities • Other properties sold in the area • Showing various Growth and • Demographic information (age of amenities near to the property Activity owners and period of ownership) trends Follow Us | Visit Us | Call Us
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