2oceansvibe News | South African and international news

Sponsored by RSAWeb rss
2ov Radio
  • Home
  • About
    • Terms and Conditions
    • Seth Rotherham
  • du Cap Collection
  • Café du Cap
  • Cabine du Cap
  • Media Packs / Advertising
  • Contact
    • Contact
    • Anonymous Tips
    • Twitter
    • Facebook
Seth Rotherham
  • Property Prices In South Africa’s Most Expensive Suburb Are Completely Out Of Control

    20 Sep 2016 by Jasmine Stone in Atlantic Seaboard Places, Cape Town, Clifton, Property, South Africa
    Related Posts
    • Enjoy A Tour Of The Roy Kids’ $83 Million LA Mega Mansion That Starred In ‘Succession’ Season 4 [Video]
    • You Can Buy Prince Harry And Meghan Markle's Netflix Mansion For $33,5 Million
    • Rent The Stunning South African 'Love Island' Season 9 Villa For R200 000 A Night
    • Cape Town's Luxury Property Market Is Booming Again
    • All The Real Estate Steven Spielberg Owns, Including A Mega-Yacht

    There’s never been a better time to buy property than now.

    That’s what someone you know will tell you at some point in the next few days / weeks / months, neglecting to tell you that the actual best time would have been many years back before you had to harvest your organs to afford a monthly bond payment.

    In case you’re not clued up South Africa’s most expensive suburb is none other than Clifton (as it was back in 2015), and if you thought prices had hit a ceiling you’d be wrong.

    Apparently we have wealthy Joburgers to blame, but I’ll hand over to BusinessTech for the body blows:

    …the average price for a house in Clifton has jumped R2.84 million to R33.3 million – the highest average for any suburb in South Africa…

    Joburg and Gauteng buyers have dominated the high-end Cape Town property market in 2016, buying up 12 top end homes to the total value of almost R350 million.

    Sjoe, coming here with your strong Jozi rand and pricing out the locals. Not cool guys, but let’s get more specific – some of those Vaalie purchases:

    • a luxury home in Kloof Road, Clifton was sold for R62 million;
    • a sale in Ave Alexandra in Fresnaye went for R75 million;
    • a R34 million property in Kloof Road, Bantry Bay; and
    • R47 million, R29.5 million and R28 million properties in Camps Bay.

    It’s time for Capetonians to fight back. Let’s all flood to Jozi and buy up property with the best views of the…um…

    Actually nah, I think we’re good.

    [source:businesstech]

    • ← Oh Dear, You Might Be Suffering From Chronic Stress
    • Robots Are Making Pizzas Now – The End Is Coming →
    • Tweet
    • Tags:
    • Clifton
    • property
    • property prices

    Latest News

    • Some Like It Hot – Check Out The Festival Of Fire This Weekend

      [imagesource:flickr] SA's hottest chilli festival is geared up to get tongues burning t...

    • Everything You Need To Know About The Best Treatment To Overhaul Skin Scarring

      [imagesource:skinkraft] If you're struggling with scarring, acne scarring, or deep wrin...

    • Marriage Proposal During Baseball Game Goes Horribly Wrong

      [imagesource:wallpaperflair] I speak from experience when I say the hours before a prop...

    • Trevor Noah And Roger Federer Get Lost In Switzerland For New Film [Video]

      [imagesource:instagram/trevornoah] Son of Patricia and our favourite comedic export, Tr...

    • Scientists Confirm Plants Makes Sounds When Harmed, And Now You Can Hear Their ‘Cries’

      [imagesource:flickr] We might have taken a few digs at the vegans this week, but surely...


    • 2oceansvibe Partners

    • CONTACT US
    • GOT A HOT STORY?
    • 2oceansvibe Radio
    • 2oceansvibe Media
    • Media Pack
    • Seth Rotherham
    • Café du Cap
    • Cabine du Cap
    • Cape Town City Accommodation
    • Terms & Conditions
    • Business
    • Media
    • Entertainment
    • Tech/Sci
    • World
    • Travel
    • Lifestyle
    • Sport
    • Politics
  • Follow

    2oceansvibe.com is part of the 2oceansVibe Media Group

    DMMA Logo