Cape Town property value outperforms the rest of South Africa

📆 7/3/2023 10:00 PM
📰 CapeTownEtc

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Cape Town is the only province to outperform the spike in housing prices over the years, presenting a significant 146% increase:

calculated the appreciation of property in these metros.

Conversely, if you invested in an R10 million house in Cape Town, it would be worth R24.7 million today, which would be R6.7 million more than a house of the same value bought in Kwa-Zulu Natal , and R7.6 million more than one in Johannesburg .

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