Weekly Newsletter
Friday, 26 January 2007
Property Search | Estate Agents | List your property

Edition 3 of 2007, Friday, 26 January 2007

Dear Reader

"South African consumers and financial markets will know this week whether the Reserve Bank will hike its key repo rate beyond next month's monetary policy committee meeting" It seems unlikely that the The central bank will add another 50 basis points to the 200 basis points increase that we had since June last year. Indeed good news for the home owners.

"A Parkhurst resident, who did not want to be named, says he has been offered R20000-R26000 a month for his two- bedroom house on two separate occasions in the past few months" Gautrain, rates boost rental demand

In recent years the European property market provided a good foundation to International investors but it is changing as more and more investors now focus on countries like South Africa for their property investment portfolio. In 2006 global house prices continued to rise rapidly but at a slower pace than in 2005. Northern Europe leads the house price boom. Outside Europe, South Africa, 2004’s star performer, continues to experience strong house price growth, with 2006 house price rises of 12.7% although it is much slower than the 33% increases recorded in 2004, and the 17% rises of 2005. Read more in Global house prices continued to rise where we also have a graph of the annual change in house prices.

Middelburg is under the "attack" of property investors and and coal mines and that is where are placing our focus this week. Originally a church town, the name was changed in 1872 to Middelburg to mark its situation midway between the two towns of Pretoria and Lydenburg. Focus on Middelburg, Mpumalanga, South Africa

What do you do when you are stuck with tenants that won't pay their rent? You have a problem as you may not evict your tenant without a court order. However according to iAfrica.co.za things might change. Trouble evicting your tenant?

The editor


>> Real Estate News - Property Investors looking overseas

EUROPEAN property funds have proved a worthwhile investment in recent years, with many people who have done well in UK property deciding to diversify overseas.

Only this week, Standard Life Investments (SLI) - the 11th-largest property investor in the world - said it would target fast-growing office markets in continental Europe and Asia after seeing something of a cooling of the commercial property boom in the UK...

>> Gautrain, rates boost rental demand

WITH the Gautrain rapid rail link project gathering momentum, demand for residential rental accommodation in Johannesburg’s northern suburbs is becoming stronger as foreign staff involved in the project are sent to SA.

US international television network CNBC’s expected arrival in the country this year and Barclays Bank’s entry have also contributed to strong demand for rental accommodation...

>> No bricks, mortar could see property prices fly in 2008

Building material and construction companies’ failure during a recession period to grow or improve skills could contribute to a recovery in house prices next year due to the shortage in properties.

This is the view of various property experts...

>> Global house prices continued to rise

Global house prices continued to rise rapidly in 2006, but at a slower pace than in 2005. Northern Europe leads the house price boom.

Leading the charge was Estonia with an impressive 54% house price increase in 2006. This followed average dwelling price rises of 57% in 2005, and 25% in 2004 (see table)...

>> Focus on Middelburg (MP), Mpumalanga, South Africa

Middelburg, formally known as Nasareth - meaning 'root from dry land', was established on the farm Sterkfontein in 1866, and owes the large extend of the town and the townlands to a mathematical error...

>> View Properties in Mpumalanga
>> View Properties in Middelburg

>> Property of the week

Mpumalanga, Middelburg, Clubville

Bedrooms: 4
Bathrooms: 3
Garages: 4

Search for property in your area

Enter City/Suburb:
>> Press release - Chas Everitt False Bay
Recruiting for a growth in 2007
by Andre de Villiers

The Chas Everitt International real estate organisation is understandably bullish about it’s further growth in the South Peninsula in 2007 and has embarked on an early recruitment campaign to expand it’s local presence and market share.

According to the owner of the Chas Everitt False Bay franchise, Andre de Villiers, the new manager of the False Bay office, Jannie Benecke has done a magnificent job in 2006, laying a strong and solid foundation to build on. “Jannie is naturally very enthusiastic and has become a popular real estate personality in the area in a relatively short period. Jannie’s substantial management training with two of South Africa’s largest national retail organisations provides invaluable substance to his service driven attitude,” said de Villiers.

To compliment the existing small team three new agents are being sought to represent the Chas Everitt brand in the Noordhoek Valley and Simonstown area. With Jannie increasing his time in management an additional Fish Hoek representative will also be required shortly. A comprehensive training course by leading real estate trainer Rod Williams will be held early in February so the timing is perfect for those interested in a real estate career to find out more now by contacting Jannie Benecke at the Fish Hoek office on 0217841630 or 084 616 0087or Andre de Villiers on 0832300549.

With a new Constantia office that opened late in 2006 and another scheduled to open in Pinelands in May 2007, there are now over 15 Chas Everitt offices in the greater Cape Peninsula and over 75 throughout South Africa. The group’s rapid growth will be complimented by eight new offices in the first half of 2007.

>> Have Fun - One trip just isn't enough to South Africa's Cape


WE knew we were getting too close to the lions when one of them let out a roar that shook the ground beneath our jeep and echoed to the hills.

Graeme, our safari ranger, stayed relaxed. It was "just a territorial warning", he said. This pride weren't a real threat because they had only just been fed.

Oh really, said one of the girls in our party.

In that case, could she be let out of the jeep to "pet" one of the lion cubs? (I kid you not!)...

>> Middelburg under attack from developers and coal companies

Vacant development land is a much sought commodity in the coal mining town of Middelburg in Mpumalanga, according to Martin van Zyl, Pam Golding Properties' area principal.

"Speculators who previously purchased houses and clusters initially to let - then later place them back on the market at approximately 30 percent higher prices - are now turning to developing land for residential purposes," he says...

>> Trouble evicting your tenant?

If you are stuck with a tenant that won’t pay rent and won’t leave your premises, you have a bit of a problem, as the Prevention of Illegal Evictions Act will not allow you to evict your tenant without a court order. Things are looking up however, as proposed amendments to the law will make it easier for you to get rid of defaulting tenants...

>> Five months to go to the largest worldwide real estate exhibition - SIMA07.

The ninth edition of the Madrid Real Estate Exhibition, taking place from 29 May to 2 June, will cover a total of 100 000 square meters. SIMA’s International content will be distributed in two areas: SIMA’s Hall I (International Institutional and Investment Pavilion, and SIMA’s Inmotur (International Holiday Homes Pavilion), an area devoted to second homes in foreign countries where hundreds of property and property related exhibitors from more than 20 markets will participate...

>> Software at its best!

CyberAgent - New Development Module

The New Development Module module has been developed to assist estate agencies to market and sell New Development properties. Up until now agencies had to contact us whereby we had to develop web pages to accommodate these new developments at a cost. These developments were also only available on the agencies website only and not on all linked websites (www.cyberprop.com, www.ananziproperty.co.za, www.real-estate-south-africa.com, www.cellproperty.com and www.sundaytimesproperty.com).

This module will enable agencies to add the following information about each and every development:

  • Location information (Province, City and Suburb)

  • Main note / write-up on the development

  • Status of the development

  • Meta keywords for search engine optimization

  • Main picture

  • A picture of the site plan

  • Building specifications

  • Progress reports including pictures

  • Units
    • Unit Description

    • Selling price

    • Square meter

    • Bedrooms

    • Bathrooms

    • Garages

    • Private Garden

    • Other 1 and 2

    • Estimate Levi

    • Panoramic field to insert third party reference

    • Unit status (e.g. Now selling)

    • Unit notes

    • Notes on extras

    • Picture of the unit

    • Floor plan of the unit

    • Linked properties to this unit

    • Unit number

    • Status of unit (e.g. Sold)

    • Link reference to the property in the Property Manager

It is not necessary to complete all the fields/sections. If the information is not supplied it will not be displayed. All note fields may contain HTML tags like for instance a bold heading.

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

For Sale Property:
Eastern Cape Freestate Gauteng Kwazulu Natal Mpumalanga North West Northern Cape Northern Province Western Cape

To Rent Property:
Eastern Cape
Gauteng Kwazulu Natal North West Western Cape