RESIDENTIAL
Interestingly , Lightstone says that coastal properties have performed better than noncoastal properties for most of the time since 2014 .
Annual property inflation : coast vs non-coast
Coast Non-Coast
Although the returns are very close to each other now , freehold properties have outperformed sectional properties for most of the time since 2010 .
Annual property inflation : Freehold vs Sectional Title properties
Freehold National
Sectional Title
Lightstone also shows that properties valued at less than R250 000 have outperformed all other value bands for most of the last 10 years , although the growth has recently started to cool down . Properties valued between R250 000 and R700 000 have come in second most of the time since 2017 .
The Lightstone Area Value Bands Index below reviews inflationary rates for property based on the following values :
• Luxury : > R1.5 mil
• High Value : R700k to R1.5 mil
• Mid Value : R250k to R700k
• Low Value : < R250k
Annual inflation : area value bands
High Value Low Value
Luxury Mid Value National
51 FEB 2024 Real Estate Investor Magazine