Estate Living Magazine Estate Living Issue 28 April - Page 12

Estate Report ghtstone Property ESTATE LIVING Estate Report Client: Lightstone Risk Management User: Cindy Beets Tracking #: 20180308111945 Report Date: 2018/03/08 ate Details tate Name: PERIOD OF OWNERSHIP 0% 21% 26% 53% Existing Owners 11 > 8-10 GARLINGTON 5-7 < 5 years Garlington Area per Unit: 3 617 m² burb: Garlington Total Size: 1 352 632 m² wnship: GARLINGTON No of SS units on Estate: 39 unicipality: uMngeni No of Erven on Estate: 334 oordinates (Lat\Long): Google Maps: -29.5317, 30.3112 | Street View No of Properties on Estate: 374 0% 6% 22% 72% Recent Sellers 5% Stable Owners AGE OF RESIDENTS 21% 34% 40% 65 > 50-64 36-49 18-35 years 28% 20% 40% 12% Recent Buyers TRANSFER INFORMATION PURCHASE DATE PURCHASE PRICE ERF SIZE (m 2 ) Suburb: Garlington 2004/11/14 R 1 000 1 799 Municipality: uMngeni 2017/08/03 R 100 000 26 062 Town: Garlington 2017/09/02 R 7 500 000 3 500 Province: KwaZulu-Natal 2017/07/31 R 3 775 000 800 2017/09/11 R 4 200 000 1 975 GROWTH ACTIVITY Sectional Schemes Freehold Vacant Land 7500 3400 2500 2337 1900 2000 1000 1700 1850 1348 540 495 500 2559 2495 1450 895 2600 2050 Page 1 1500 3395 3278 2700 2700 432 1800 400 1800 900 600 535 0 2010 2011 2012 2013 2014 2015 2016 2017 2018 MEDIAN PRICE (R’000) 42 40 31 30 28 25 24 20 15 5 0 13 11 10 16 9 13 15 16 7 11 6 1 2010 2007 3 3 1 2011 2008 2012 2009 1 4 2013 2010 5 8 2014 2011 1 1 2015 2012 2016 2013 2017 2014 2018 2015 2016 2017 NUMBER OF REGISTRATIONS 12 | www.estate-living.com www.estate-living.com | 13