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Weekly Property News
01 October, 2010
FROM THE EDITOR

Dear Reader

Here at CyberProp.com we released our 3rd Quarter stats this week. CyberProp.com have over 150 000 properties listed and can boast with over 2,500 000 page impressions and over 200,000 unique visitors per month. These stats are taking from the 1400+ websites that we host. SA’s hottest Province and top 10 cities as well as top 5 cities per Province are among the stats provided. It was no surprise to see Gauteng as the top Province but what was surprising was to see Roodepoort under the top 5 cities. These stats are based on viewed listings (i.e. when a listing is clicked on for detailed information on any website hosted by us)

Headlines: Australia - Commercial property sales on the rebound. Nationally, sales more than doubled to $2.6 billion for the third quarter of this year, according to real estate agent CB Richard Ellis. "The Australian story continued to be a compelling one for foreign investors," said CBRE international investments senior managing director Rick Butler. South Africans is among those foreign investors.

Market news: If you’re a prospective buyer wondering where to invest, Peter Gilmour, Chairman of RE/MAX of Southern Africa has the answer: South Africa. “And this is not a patriotic sentiment or an optimistic prediction based on the realisation of long-term benefits that may, or may not result from the hosting of the Soccer World Cup. It is a factual deduction based on the actual performance of our property market relative to other global property markets, as assessed by some of the leading independent real estate analysts in the world,” says Gilmour. SA still one of the best places to buy properties

Enjoy!
The editor

In This Issue
Featured Property

Garden Route, Knysna, The Heads
This spectacular property boasts 8 en suite bedrooms, exclusive finishes and unparalleled views to the Knysna Heads. Extras such as staff accommodation, study, built in braai and pub, laundry, sauna in main bedroom and 3 spa baths make it well worth viewing. Sip cocktails around the pool while you enjoy the sunset over the Heads, make an appointment to view this unique property soon!


CyberProp Property Count: 23/09/2010

Search Now

Properties for Sale: 145,257
Properties to Rent: 10,478

Stats

3rd Quarter stats!

SA’s hottest Province and top 10 cities as well as top 5 cities per Province for the 3rd quarter 2010. These stats are taking from the 1400+ websites that we host and are based on viewed listings (i.e. when a listing is clicked on for detailed information on any website hosted by us)


International News

Australia - Commercial property sales on the rebound

South African investors were another new source;

Nationally, sales more than doubled to $2.6 billion for the third quarter of this year, according to real estate agent CB Richard Ellis...


Local News

Invest, don’t speculate

Speculators have been knocked out of the residential market, according to estate agents. The proportion of properties sold to buy-to-let investors has fallen from over 25% at the peak of the boom in 2006 to 7% today...


Best property buys

Peter Gilmour, Chairman of RE/MAX of Southern Africa considers the confluence of factors that gave rise to the current buyers’ market and suggests a few best buys based on global investment advice...


SA's Top 10 Suburbs – SAPTG

Top 10 suburbs are based on Total Number of Sales for the period 1 March 2010 to 31 May 2010. We review full title and sectional title properties collectively and exclude sales where purchase price is less than R100k or greater than R15mil...


SA still one of the best places to buy property

Peter Gilmour, Chairman of RE/MAX of Southern Africa, considers the findings of global real estate indices and shares the great news - world-wide, South Africa remains the best place in which to invest...


Rates to rise for sure

With interest rates at their lowest levels for some 30 years (the nearest we have recently come to the current levels was in April 2005 when the rate was 10.5 percent), home buying looks very attractive and, says Rawson Properties MD, Tony Clarke...


Deposit guarantees - A helping hand for buyers

Adrian Goslett, CEO of RE/MAX of Southern Africa looks at the emergence of deposit guarantees in the South African property market and explains how buyers can benefit from it...


Western Cape house price slows - FNB

As the 3rd quarter draws to a close, the FNB statistics for the period start to emerge, providing a picture of a slowing Western Cape property market, yet possibly one that is a little more resilient than many other parts of the country...


Sellers must have a way out in linked deals

Many homebuyers these days first need to sell their own properties before they can proceed with the purchase transaction, and most sale agreements make provision for this with a “subject to” clause...


How to sell property long-distance

The sluggish property market may present problems when you have to move to another area before your existing house is sold...


Don’t pack without a plan

Every summer, a certain number of the people enjoying a well-earned break after a tough year at the office will fall in love with their holiday destination and decide to throw up their lives elsewhere and relocate permanently...


Make your home safe for summer play

Warmer weather is on its way and in sunny SA that means more time spent in the great outdoors – but parents need to be aware that many dangers lurk in their own backyards...


Planning a holiday this summer?

A security alarm system is an important part of your home security plan. In addition to your alarm, there are many things you should be aware of, that will help you to strengthen your safety campaign with your next holiday...

 


Don't let energy costs kill your home ownership dream

Increasing energy costs like rising electricity charges are problematic for everyone, but especially for those who are trying to become homeowners...


Focus On

Krugersdorp, Gauteng, South Africa

Cradle of Humankind World Heritage Site

Only 45 minutes from Johannesburg, nestling in the peaceful Sterkfontein rural valley, lies the Cradle of Humankind - a World Heritage Site - and the world's richest hominid site...

>> Property in Krugersdorp
>> Property in Gauteng


Search For Properties

1. Western Cape
2. Garden Route
3. Northern Cape
4. Eastern Cape
5. KwaZulu Natal
6. Free State
7. North West
8. Gauteng
9. Mpumalanga
10. Limpopo

Search for property in your area

Enter City/Suburb:

In the Area

The areas we are going to take a closer look at this week are;

  • Karoo 'Riviera' dazzles
  • Breede River Valley
In the area 1 - Karoo 'Riviera' dazzles

Renowned for its wide open spaces and typical Karoo character homes, a far lesser known fact about the Karoo is that it also has its own "Riviera" which stretches along a number of appealing waterfront towns such as Oviston, Gariep and Vanderkloof...


In the area 2 - Breede River Valley

Breede Valley is the ideal place to retire, holiday or relocate if you are looking for a better way of life, says new Rawson franchisee...



News on IHFM

By all means buy-to-let, but recognise the risks, says Michael Bauer

Throughout his career in property, says Michael Bauer, general manager of the sectional title management company, IHFM, he has recommended that people invest in buy-to-rent property – but only if they have accepted the reality that there can never be any such thing as a no-risk investment...


To the editor

Share your comments with us by sending it to news@cyberprop.com


News from GBCSA

Position Purpose and Profile

The Green Building Council of South Africa (GBCSA) is looking for a Marketing, Membership & Events Coordinator to oversee the development and management of the membership base as well as to coordinate the Marketing & Events function for this growing organisation...


Local News Continue

Major concessions for properties trapped in trusts and companies

Current tax law provides for a concession for the transfer of a residence from a company, close corporation or trust to an individual without incurring tax liabilities, such as secondary tax on companies (stc), capital gains tax (cgt) and transfer duty...


Affordable housing scheme gets Nedbank support

The Cape division of Nedbank Corporate Property Finance announces the funding of a R50 million affordable housing development in Melkbosstrand, situated on the West Coast...


Property markets take off in the wake of airport developmentsl

The development of airport infrastructure around SA is fuelling nearby commercial and residential property markets and while there are many who decry the effects of noise pollution, the impetus seems unstoppable says a leading property commentator...

CyberAgent, the real estate software solution

CyberAgent Anywhere Introduction Video

If you would like to know more about the above features and benefits that CyberAgent offer, visit: www.cyberagent.co.za or email: sales@cyberprop.com

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