Real Estate Investor Magazine South Africa May 2013 | Page 22

RESIDENTIAL HOT SPOTS PROVINCIAL PERFORMERS Highlighting the top performing suburbs in the major provinces, based on highest rate of annual inflation and indicated for e ach value band. Mid Value : R250k – R700k High Value : R700k – R1.5mil Gauteng Luxury : R1.5mil + Gauteng Gauteng City & Suburban - City of Johannesburg 19.68% Kent View - City of Johannesburg 17.04% Fernridge Estate - City of Johannesburg 16.32% Cosmo City Ext 1 - City of Johannesburg 19.58% Vaalmarina Holiday Township - Midvaal 16.81% Mountain View - City of Johannesburg 14.46% Western Cape Western Cape Western Cape Summerville - City of Cape Town 29.82% Avalon Estate - City of Cape Town 25.27% Schoneberg Estate - City of Cape Town 19.59% Lindida - Stellenbosch 18.60% De Molen - Swartland 15.13% Forest Glade - City of Cape Town 12.48% Eastern Cape Eastern Cape Eastern Cape Michausdal - Inxuba Yethemba 22.48% Abbotsford - Buffalo City 11.17% Bonnie Doon - Buffalo City Tyutyu North - Buffalo City 22.42% Headlands - Buffalo City 11.01% Vincent - Buffalo City Kwazulu Natal Kwazulu Natal 10.37% 8.62% Kwazulu Natal Shakaskraal - Kwadukuza 16.57% Bazley Beach - Umdoni 13.82% Zinkwazi Beach - Kwadukuza 11.97% Shastri Park - Ethekwini 16.35% Stanger Manor - Kwadukuza 10.81% Dunkirk Estate - Kwadukuza 8.66% Free State Free State Free State Merriespruit - Matjhabeng 28.11% Jordania - Moqhaka 14.75% Woodlands Golf Estate - Mangaung 8.43% Welkom Ext 19 - Matjhabeng 15.90% Panorama - Moqhaka 11.51% Heuwelsig - Mangaung 4.72% WESTERN CAPE Presenting the Top 5 suburbs per area value band in the Western Cape based on the highest rate of inflation for a 1 and 7 year period. The median represents the current median value for the suburb. # Suburb 1 year Median # Suburb Mid Value : R250k – R700k 7 year Median Mid Value : R250k – R700k 1 Summerville - City of Cape Town 29.82% R 580,000 1 Kleinvlei - City of Cape Town 205.20% R 420,000 2 Lindida - Stellenbosch 18.60% R 420,000 2 Heideveld - City of Cape Town 202.77% R 470,000 3 Brentwood Park - City of Cape Town 17.66% R 420,000 3 Saxonsea - City of Cape Town 201.61% R 430,000 4 South End - City of Cape Town 17.47% R 520,000 4 Manenberg - City of Cape Town 192.75% R 510,000 5 Malibu Village - City of Cape Town 13.31% R 420,000 5 Hornlee - Knysna 190.63% R 560,000 High Value : R700k – R1.5mil High Value : R700k – R1.5mil 1 Avalon Estate - City of Cape Town 25.27% R 1,200,000 1 Milnerton Ext 6 - City of Cape Town 266.44% R 1,150,000 2 De Molen - Swartland 15.13% R 770,000 2 Avondale - City of Cape Town 186.40% R 800,000 3 Milnerton Ext 6 - City of Cape Town 13.70% R 1,150,000 3 L Agulhas - Cape Agulhas 171.98% R 990,000 4 Rawsonville - Breede Valley 13.67% R 800,000 4 De Rust - Oudtshoorn 158.52% R 930,000 5 Sonkring - City of Cape Town 12.90% R 1,175,000 5 Riversdale - Hessequa 130.81% R 800,000 Luxury : R1.5mil+ Luxury : R1.5mil+ 1 Schoneberg Estate - City of Cape Town 19.59% R 2,000,000 1 Schoneberg Estate - City of Cape Town 131.92% R 2,000,000 2 Forest Glade - City of Cape Town 12.48% R 1,800,000 2 De Zalze Golf Estate - Stellenbosch 126.64% R 6,750,000 Disclaimer: Lightstone applies advanced statistical methods to a comprehensive property data base - compiled from the Deeds Office, the Surveyor General and other sources - to generate property market data, insights, trends and forecasts. Despite the statistical and actuarial rigour applied, Lightstone cannot guarantee the accuracy and reliability of the data. Furthermore, any information provided does not amount to advice and may not be applicable in some cases. Lightstone does not take responsibility for any losses incurred as a result of any person acting or omitting to act as a result of the publication of this information.