Estate Living Magazine Estate Living Issue 28 April | Page 22

/ Featured Development

ESTATE LIVING

Estate Report

GARLINGTON

PERIOD OF OWNERSHIP
0 % 21 % 26 %
53 %
Existing Owners
11 > 8-10 5-7 < 5 years
0 %
6 %
22 %
72 %
Recent Sellers
AGE OF RESIDENTS
21 % 34 % 40 % 5 %
Stable Owners
65 > 50-64 36-49 18-35 years
28 %
20 %
40 %
12 %
Recent Buyers
TRANSFER INFORMATION
Suburb: Municipality: Town: Province:
Garlington uMngeni Garlington KwaZulu-Natal
PURCHASE DATE
PURCHASE PRICE
ERF SIZE( m 2)
2004 / 11 / 14
R 1 000
1 799
2017 / 08 / 03
R 100 000
26 062
2017 / 09 / 02
R 7 500 000
3 500
2017 / 07 / 31
R 3 775 000
800
2017 / 09 / 11
R 4 200 000
1 975
GROWTH ACTIVITY
Sectional Schemes
Freehold
Vacant Land
3400 2500 2000
1900
2337
2700 2700
2050
2495
3278
2559
3395
1700
2600
7500
1500 1000 500
0
1450 1348
895 540
495 432 400
1850 1800 1800 900
535 600
2010 2011 2012 2013 2014 2015 2016 2017 2018
MEDIAN PRICE( R’ 000)
40
30
20
31
25
24
28
42
15 10 5 0
16 16 15
11 13 13 11
9 7
6 1 3 3 1 1 4
8 5
1 1
2007 2010 2008 2011 2012 2009 2013 2010 2014 2011 2015 2012 2016 2013 2017 2014 2018 2015 2016 2017
NUMBER OF REGISTRATIONS
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