COVER STORY
Interestingly , Lightstone also says that coastal properties have performed better than noncoastal properties for most of the time since 2014 , and freehold properties have outperformed sectional properties for most of the time since 2010 .
Lightstone shows that properties valued at less than R250 000 have outperformed all other value bands for most of the last 10 years ! 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
Rental collections and good standing
37 APRIL / MAY 2023 SA Real Estate Investor Magazine