House prices in South Africa have doubled – how Cape Town compares to Joburg, Durban and other metros
IGrow Wealth Investments
by Devon
1y ago
New data from Statistics South Africa (StatsSA) shows that since 2010, property prices in the country have increased by 98%, with the City of Cape Town showing the most significant surge at 141%. “Since August 2014, price increases in Cape Town have been consistently higher than in other metros. After remaining relatively flat in 2018 and […] The post House prices in South Africa have doubled – how Cape Town compares to Joburg, Durban and other metros appeared first on IGrow Wealth Investments ..read more
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5 popular investment areas in Cape Town and the prime suburbs of SA
IGrow Wealth Investments
by Devon
1y ago
Cape Town is a stunning place and boasts some of the most picturesque suburbs in the world with homes enjoying breathtaking scenic backdrops of mountain and ocean vistas. It is also a thriving and prosperous metropolis. This has made the city one of the most desirable places to live in South Africa. More recently, the trend […] The post 5 popular investment areas in Cape Town and the prime suburbs of SA appeared first on IGrow Wealth Investments ..read more
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Find Money For Your Investment Properties
IGrow Wealth Investments
by Armand
1y ago
When you’re first starting out as an investor, one of the hardest things to do is figure out where you’re going to get the money to invest! The post Find Money For Your Investment Properties appeared first on IGrow Wealth Investments ..read more
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Save R420 000 on your R650 000 home loan
IGrow Wealth Investments
by Devon
1y ago
If you pay your home loan off over the standard 20-year term, you will often pay more in interest than the capital you are borrowing. The post Save R420 000 on your R650 000 home loan appeared first on IGrow Wealth Investments ..read more
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How to buy a 2nd, 3rd property without paying off your home loan
IGrow Wealth Investments
by Devon
1y ago
Being a property investor is a rewarding and exciting career path that is not just limited to those with deep pockets or decades of experiences; young people and first-time buyers can also reap these rewards. You can even buy a second property immediately after being approved for your first home loan. Everything, however, depends on […] The post How to buy a 2nd, 3rd property without paying off your home loan appeared first on IGrow Wealth Investments ..read more
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Repo rate hikes again | What next for property?
IGrow Wealth Investments
by Devon
1y ago
The South African Reserve Bank’s (SARB) Monetary Policy Committee hikes interest rate by another 50bps taking the repo rate to 7.75% and the prime lending rate to 11.25%. The post Repo rate hikes again | What next for property? appeared first on IGrow Wealth Investments ..read more
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Rental growth is back up to pre-Covid 19 levels
IGrow Wealth Investments
by Devon
1y ago
According to the PayProp Annual Market Report for 2022, the average rent increased nationally by 3.4% year-on-year from the fourth quarter of 2021 to the fourth quarter of 2022. This amounted to an increase of R268 - to R8 175 - over the 12-month period. The post Rental growth is back up to pre-Covid 19 levels appeared first on IGrow Wealth Investments ..read more
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Property Portfolios and Tax Implications
IGrow Wealth Investments
by Devon
1y ago
One of the most important steps to acquiring property as an asset to generate income, is creating a property portfolio with an experienced professional.These portfolios are often set up as businesses or within a trust. Both of these routes require specific legal standards and often determine the tax you will be liable to pay on […] The post Property Portfolios and Tax Implications appeared first on IGrow Wealth Investments ..read more
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IGrow Wealth Investments
by Emile
2y ago
Stay updated with SA’s Property Investment News & Opportunities Receive property investment opportunities and investment news directly to your inbox. By submitting your details via this online form, you agree to be contacted via email by the IGrow Group in relation to its property investment brands. Cape Town 021 979 2501 Pretoria 012 943 0201 […] The post Footer appeared first on IGrow Wealth Investments ..read more
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The guide to purchasing property through IGrow Wealth Investments
IGrow Wealth Investments
by IGrow Wealth Investments Spokesperson
2y ago
The process to buying a house or property can seem daunting as there are always documents and forms to complete. Find out how purchasing property through the IGrow Group of Companies makes this process simpler. Whether you are purchasing property for primary use or as an investment, there are several processes you need to follow. … The guide to purchasing property through IGrow Wealth Investments Read More » The post The guide to purchasing property through IGrow Wealth Investments appeared first on IGrow Wealth Investments ..read more
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