Latest Property Report – 1st quarter of 2018

Latest Property Report – 1st quarter of 2018

IN AND AROUND THE CAPE PENINSULA THE CITY’S MOST EXPENSIVE MARKETS CONTINUED TO SHOW THE CLEAREST SIGNS OF SLOWING PRICE GROWTH IN THE 1ST QUARTER.  Atlantic Seaboard, has seen its price growth slow the fastest off the highest base, while in certain more affordable sub-regions of the City there has still been some growth acceleration.

In the 1st quarter of 2018, we saw further slowing in house price growth in the City Bowl and the other major 3 sub-regions closest to the City Bowl, i.e. in and around the Cape Peninsula.

These sub-regions near to the city and the mountain have shown some of the strongest house price inflation of all of the Cape Town sub-regions over the past 5 years, and this prior deterioration in home affordability appears to have led to slowing demand, and thus price growth, in recent quarters.

The most expensive sub-region in the City of Cape Town Metro, i.e. the Atlantic Seaboard, has seen its average house price growth slow the most sharply off the highest base, from a revised multi-year high of 27.5% year-on-year in the final quarter of 2016 to 2.3% by the 1st quarter of 2018.

This does not surprise us, as this sub-region has experienced the most rapid cumulative growth of all the sub-regions over the past 5 years, to the tune of 111%.

The City Bowl started its price growth slowdown a little earlier than the Atlantic Seaboard, and has gone from its revised multi-year year-on-year growth high of 23.6% in the 2nd quarter of 2016 to 10.0% by the 1st quarter of 2018.

The Southern Suburbs, the other one of the “most expensive 3” sub-regions, saw further slowdown from 10.1% in the prior quarter to 8.4% in the 1st quarter of 2018, having gradually slowed from a multi-year high of 16.1% in the 2nd quarter of 2015.

Arguably reflective of the heightened search for relative affordability in or near to Cape Town’s prime place of employment, the City Bowl, is the indication that the most affordable sub-region within close proximity to the City Bowl, i.e. the Near Eastern Suburbs sub-region (including amongst others Salt River, Woodstock and Pinelands), shows the fastest house price growth of these “Major 4” sub-regions in or near to the Cape Peninsula.

Proximity to the City Bowl (and for that matter to Claremont Business Node) is becoming increasingly important as the city’s traffic congestion deteriorates. From a 19.4% high in the 1st quarter of 2016, the Near Eastern Suburbs House Price Index has also seen year-on-year growth slowing, but less significantly than the others, to reach 13.4% by the 1st quarter of 2018. It now has the fastest price growth rate of the Major 4 sub-regions surrounding Table Mountain.

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THE TREND OF SLOWING GROWTH IS LESS PRONOUNCED IN THE MORE AFFORDABLE SUBURBAN MARKETS, AND SOME SUB-REGIONS EVEN SHOW STRENGTHENING PRICE GROWTH.

Further away from Table Mountain, in Cape Town’s more affordable suburban areas, the pattern of “slowdown” in price growth remains less clear, and there has even been some acceleration in certain sub-regions. We remain of the belief that the extremely high prices in the areas close to the City Bowl may have been encouraging a portion of aspirant buyers to shift their home search to these more “affordable” City of Cape Town housing markets a little further away, in search of greater affordability.

All 3 major Northern Suburbs sub-saw double-digit average house price growth rates in the 1st quarter of 2018, with 1 out of the 3 showing a growth acceleration.

The Western Seaboard Sub-Region (including Blouberg, Milnerton and Melkbosstrand) saw a slowing in year-on-year price growth, from 14.7% in the previous quarter to 14.4% in the 1st quarter of 2018, the 2nd successive quarter of slowing growth.

The “Bellville-Parow and Surroundings” sub-region also saw its price growth slow, from 11.4% year-on-year in the final quarter of 2017 to 10.8% in the 1st quarter of 2018, after prior quarters of strengthening.

However, the Durbanville – Kraaifontein – Brackenfell sub-region continued to accelerate mildly, from 9.8% growth in the final quarter of 2017 to 10.1% in the 1st quarter of 2018.

Moving into even more affordable regions, ones which incorporate many of the city’s Apartheid Era former so-called “Coloured” and “Black” Areas, we have recently seen price growth accelerations.

This, too, we believe could reflect a mounting search for relative affordability after rapid price inflation in the higher priced “suburban” areas in recent years.

Therefore, we have seen the Cape Flats House Price Index experience a further growth acceleration, from 11.4% year-on-year in the previous quarter to 11.6% in the 1st quarter of 2018. The Elsies River-Blue Downs-Macassar Region has also seen house price growth accelerate further to reach 25% year-on-year, from 23.7% in the previous quarter.

CONCLUSION

In short, in the 1st quarter of 2018, the City of Cape Town has seen further mild slowing in average house price growth for the 7th consecutive quarter, although the most recent 10.0% year-on-year growth rate remains strong.

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Source:  John Loos FNB Property Barometer

This has been distributed by Chas Everitt Cape Town South

Leisurely rambles to invigorating hikes, something for everyone!

Leisurely rambles to invigorating hikes, something for everyone!

Whether you’re after a windswept coastal wander, a mountainous hike with spectacular views, or a leisurely amble through one of the Cape’s lush nature reserves, here’s our pick of the best hiking trails in and around the city. So, lace up your hiking boots and get cracking… And, let us know your thoughts in the comments below.

Important note:
Although the Cape is rich in natural beauty, tourists and locals are urged to take necessary precautions when exploring secluded areas, as crimes and accidents do happen.
Those venturing into the Table Mountain National Park should have the following emergency numbers on hand: 086 110 6417/ 107 or 021 480 7700. Criminal incidents should be reported to the nearest police station as soon as able.
We also recommend @safetymountain as a useful resource for hikers. This free safety tracking service allows you to notify local trackers of your contact details, intended route and travel time via whatsapp. You are then able to provide hourly updates on your progress, and to notify trackers when you are safely off the mountain.

It helps to have a map, and for that, SANParks and The Inside Guide recommends Slingsby Maps as an essential resource for hiking enthusiasts. Detailed maps of some of the Cape’s best hiking trails are available, including the Pipe Track, Cape Point and the Cederberg. Contact Slingsby Maps at 021 788 4545 for more information.

Hiking trails in Cape Town
Hiking trails around the Cape

Source:  https://insideguide.co.za/cape-town/hiking-trails/

This post brought to you by Chas Everitt Cape Town South

Computer Assisted Property Valuation

Computer Assisted Property Valuation

If you are moving home, getting a reliable property valuation is an essential step in the process.

A property valuation will give you an estimate of how much your house should be worth, based upon a number of different factors.

Even if you are not planning to move home straight away, house valuations remain an excellent tool to indicate a current market value and what improvements could be made should you want to potentially increase the value of your home without over capitalising.

By answering a few easy questions on the current condition of your home, our free property value calculator which uses the latest GIS (Geographic Information Systems) will give you an idea of how much money you could potentially make from the sale of your home.

Unique to Valuator we are also able to reference recent final property sales (selected Cape Town metropolitan areas) that have not yet been recorded in the Deeds Office which makes our report that much more current and reliable!

Get your free Valuator report today!
These reports are free until 1st June 2018

Valuator is a service operated in association with Chas Everitt by:

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New South African plug standard is mandatory for new installations

New South African plug standard is mandatory for new installations
South Africa’s new plug and socket standard, SANS 164-2 or ZA Plug, has become mandatory for new installations, the SABS confirmed to MyBroadband.

This means that any new buildings erected must incorporate electrical sockets that conform to the new standard.

An amendment to the wiring code introduced in 2016 stated that the ZA Plug would become semi-mandatory for new installations in March 2018.

Each new plug point must have at least one socket that can accommodate a ZA Plug, it said.

The amendment came into effect two months early, said the SABS, and from January 2018 all new installations must incorporate the ZA Plug.

The ZA Plug has the same hexagonal profile as the Europlug seen on cell phone chargers but includes an earth pin. It is substantially more compact than South Africa’s three-prong plug standard and has much thinner pins.

Adoption of the standard has been slow, however.

Gianfranco Campetti, the chairman of the working group that looks after the standard, said the industry has been slow to respond and use the standard in essential products.

He said the appliance industry, in particular, has been slow to provide goods with the new plug.

The switch

When the IEC first began development on IEC–906–1, which became IEC60906–1, it was trying to establish a universal plug and socket system.

Despite its efforts, commercial and political interests caused the standardisation initiative to fail in Europe – and Brazil and South Africa are the only countries to have adopted the 250V standard.

However, Brazil deviated from the standard by delivering either 127V or 220V mains using the same socket.

Japan and the US have plugs and sockets that are compatible with the IEC’s envisioned global standard for 125V sockets.

Talk of adopting the new standard began in South Africa in 1993, and a version of SANS 164–2 that dates back to 2006 is available online.

According to the SABS, the ZA Plug appeared in South Africa’s wiring code (SANS 10142–1) during 2012.

Old standard still legal

Although it is now required to integrate sockets which comply with the ZA Plug standard in new buildings, the old standard remains legal.

The wiring code amendment also does not affect existing buildings, including homes.

It is therefore not currently necessary for South Africans to switch the electrical sockets in their homes.

Article source

Innovative local students launch online textbook resale platform

Innovative local students launch online textbook resale platform

Bramble is an online platform aimed at connecting students wanting to sell or buy textbooks, as well as physical and electronic notes. This not only allows students to earn an extra income, but it also makes the learning process a whole lot easier.

As students ourselves, we understand the real life of a student and we hope to give you more room for the good life, more time for studying and, most importantly, more money at the end of the month.

The Bramble platform has one major beneficiary,

– the students.

We hope that the creation of a platform that allows students to set their own prices will allow shopping for textbooks to be more affordable and less stressful.


This post is sponsored by Chas Everitt International 

The best quiz nights in Cape Town

The best quiz nights in Cape Town

Is your general knowledge off the charts with excellence? Do you want to show off your brain’s ability to contain such a vast knowledge? Then you need to go to one of the quiz nights at the restaurants in Cape Town. Here you will both be able to show your skill, as well as be challenged.

Here you will get really good questions that will make you dig a little deeper into your memory. Plus, whilst you are digging for answers in your mind, you will be able to eat incredible food to fuel your knowledge. Don’t miss out on such a great opportunity to put your knowledge to the test.

For More Information

This post is sponsored by Chas Everitt Cape Town South

Water meter readings

Water meter readings

From the City of Cape Town:

Your home or business is connected to the City’s water network through a water meter, which usually sits in a small chamber under the pavement outside your property. We read your water meter once a month to calculate your monthly water and sewerage use.

How the City reads your water meter

The meter is read by a different person each month. We take a meter reading using a handheld computer terminal that contains core information about the property, such as the erf number and the address.

If we cannot read your meter (due to your gate being locked or other circumstances) and you do not submit your water reading, your bill will be an estimate based on your previous water use. All cost estimates will be reversed, if necessary, when we get an actual reading.

DID YOU KNOW?Well-run City: Each year, we replace about 9 000 old or malfunctioning water meters. 

You can help us get an accurate reading for your water meter by doing the following:

  • Make sure you know where your water meter is located.
  • Make sure it is not obstructed (e.g. by sand or weeds) and is easy to read.
  • Your water meter should be accessible to City officials at all times.
  • If your water meter is behind locked gates, or if dogs prevent the meter readers from taking a reading, you can submit the reading yourself (see below).
  • Alternatively, ask the City to relocate your meter to the outside of your house, via the City’s Service Requests application.

How to read your water meter

You can submit your water meter reading by calling 0860 103 089 or entering it online via your municipal account on our e-Services portal.

No matter the type of water meter, black numbers represent kilolitres and red numbers represent litres. As you are charged per kilolitre, only supply the black numbers when submitting your reading.

DID YOU KNOW?

Inclusive City: The City has installed free-call phones at some City facilities to allow you to make enquiries and request services at no cost.

Water and sanitation tariffs

All formal properties have water meters, which we use to read your water consumption and calculate your monthly bill. However, there are different tariffs for residences, businesses, and other organisations.

  • Understand the cost of water and sanitation in your home
  • Understand the cost of water and sanitation for your business or organisation

Report problems with your water meter

If your water meter is not being read regularly, is malfunctioning or needs to be relocated to outside of your property, please contact the City’s 24-hour call centre:

  • Call us on 0860 103 089 (choose option 2: water-related faults)
  • SMS: 31373 (max of 160 characters)
  • Whatsapp: 063 407 3699
  • Email: water@capetown.gov.za

You can also go to our service requests portal and report or request an issue online. If you need some help with how to place a service request or report an issue, please see Submit a service request.

For More Information

This post is sponsored by Chas Everitt Cape Town South

2016-2017 Service Delivery Successes

2016-2017 Service Delivery Successes

Completed projects and infrastructure changes described below have enhanced facilities and services in Ward 62, and ensured that the DA-run City continues to make progress possible, together.

Transport, Roads and Stormwater

New traffic signals at Kendal Road intersection with Spaanschemat Road

  • Concrete balustrades on M3 bridges at Trovato Link and Klaassens Road
  • Traffic Signals for Parish Road and Constantia Main Road right turning lanes in both directions along Constantia Main Road
  • M3 on- and off-ramps resealed at Ladies Mile Rd [Exit 16], Kendal Road [Exit 15] and Constantia Main Road [Exit 14] in Constantia
  • Fencing along the Wynberg Canal between Piers Road and Vriedenhof Road
  • Restoration of Boshoff Avenue gates in Fernwood
  • Cats eyes on Rhodes Drive enhance visibility at night

   

Non-Motorised Transport

  • Non-Motorised Transport routes with bicycle lanes and pedestrian pathways on both sides of Spaanschemat      River Road, Ladies Mile Road and Kendal Road
  • NMT routes connect commuters to the Main Road and railway stations
  • Safe areas for cyclists, runners, walkers and people in wheelchairs

   

Traffic Calming

  •  Speed humps in Buckingham Road, Plumstead
  •  Raised intersections in Bayview Road, Wynberg
  •  Raised intersections at Pinehurst Rd and Silverhurst Road in Southern Cross Drive, Constantia

 

 

   

Parks and Open Spaces

  • Green Jobs / Invasive Species Unit River Wardens funded from Ward Allocations
  • Outdoor fitness equipment installed at Newlands Forest Station
  • Funding for the Upper Liesbeek River gardens

   

Wynberg Park

  • New pathways through the gardens and bridges over the stream
  • First phase of fencing installed around the park to prevent vandalisation and theft of assets, infrastructure            and plants; and to improve the safety of park users
  • Beautiful spring flowers in the Fynbos area after 3 years of not cutting the veld
  • Removal of invasive species

   

Maynardville Park

  • Clean-up and extensive planting in and around the theatre
  • Overgrown vegetation thinned out and trees trimmed
  • New garden laid out in front of the office on the corner of Woolf Street and Piers Road

   

Solum Court Flats, Gabriel Rd, Plumstead

  • Palisade fencing and gates installed to secure the premises and enhance the tenants’ safety
  • Three of the five blocks of flats have been upgraded and painted; the remaining blocks will be upgraded            and painted in 2018-19
  • New parking area in Gabriel Road

   

Constantia Sports Complex

  • Potholes have been repaired and a portion of the parking area between the Constantia Bowl Club and Claremont Cricket Club has been tarred
  • New floodlights at False Bay Rugby Football Club
  • Fencing repaired as a result of vandalism and vehicles damaging the fence

Safety and Security

  • Rent a Cop Law Enforcement Officer at Wynberg Office funded from Ward Allocations
  • Subways under the railway line in Wynberg closed at night; locked and unlocked by the Wynberg Improvement  District

Water, Sanitation and Electricity

  • Street lights in Wynberg converted to energy saving bulbs
  • Water saving awareness campaigns at Maynard Mall and Constantia Village
  • Water leaks and burst water pipes repaired as soon as possible

For More information

 

This post is sponsored by Chas Everitt Cape Town South

 

 

 

 

Sunday Classics at Maynardville Open-Air Festival

Sunday Classics at Maynardville Open-Air Festival

There are just two weeks left of the Maynardville Open-Air Festival but it is literally packed with shows, including two unmissable Sunday night concerts.

Derek Gripper 25 February

World-renowned guitarist Derek Gripper will perform live under the stars for one night only on Sunday 25th February 2018. Drawing on European classical traditions, avant-garde Brazilian music, Malian kora, Cape Town folk, and even Indian classical music, he has created a new and beautiful guitar music which has carried him to the world`s stages including his Carnegie Hall debut in 2015.

He comes to you at Maynardville, fresh from his winter North American tour.

Gospel Classics 4  March

An explosion of Gospel Classics, from sacred to new and popular joyous tunes, sung by a choir of 20 voices with classically trained lead singers, and accompanied by a live band. End off the Maynardville Open-Air Festival with a rousing evening.

The Taming of the Shrew till 3 March

This production of The Taming of the Shrew features a historic all-female cast of Alicia McCormick, Daneel van der Walt, Buhle Ngaba, Lynita Crofford, Kathleen Stephens, Kate Pinchuck, Naledi Majola, Dianne Simpson, Ann Juries and Masali Baduza, with a special appearance by Ameera Conrad. The show is also driven by an all-female creative crew.

Share your picnic and win…

It’s a Maynardville tradition to picnic before the show. Even if you cheat a little and buy the food and drinks from our venue vendors! 

We are challenging you to snap a picture of your picnic or your gathering of picnickers to stand in line to win some great prizes including…

  • Four tickets to an opening night for the 2019 Maynardville Open-Air Festival
  • A R300-00 voucher for breakfast or lunch at popular neighbouring restaurant Four and Twenty
  • Two bottles of excellent Diemersfontein Wine
  • Learning to make the perfect cup of coffee by winning a barista experience with Mackay’s Coffee on Sunday 4 March

To enter simply tag Maynardville on one of our social media channels (sign up via the icons below). Add the hashtag #maynardvillepicnic and stand in line to win!

Competition closes on the 3 March 2018

For More Information

This post is sponsored by Chas Everitt Cape Town South

 

International Childhood Cancer Day

International Childhood Cancer Day

February 15, 2018

International Childhood Cancer Day which highlights the need for concerted global actions to address the growing challenge posed by this non-communicable disease. Globally, childhood and adolescent cancer is threatening to overtake infectious diseases, as one of the highest causes of disease-related mortality in children.

It is a day when we come together to continue the work to “Advance Cures and Transform Care” and to make childhood cancer a national and global child health priority.

 

 

Much work remains to be done. According to IARC (2015), the reported worldwide incidence of childhood cancer is increasing, from 165,000 new cases annually to 215,000 cases for children 14 years and younger and 85,000 new cases for 15-19 year-olds. Many more remain uncounted and unreported due to a lack of childhood cancer registries in a large number of countries.

While the number of children with cancer is much less compared to global incidence of adult cancers, the number of lives saved is significantly higher; survival rates in high-income countries reach an average of 84% and are steadily improving even in less-resourced areas of the world where there is local and international support.

The ICCD campaign’s ultimate goal and unified message is “Advance Cures and Transform Care”. This message spotlights the inequities and glaring disparity of access to care in most low- and middle-income countries where 80% of children with cancer live. Children and adolescents in Africa, Asia and Latin America and in parts of Eastern and Southern Europe do not yet have access to appropriate treatment including essential medicines and specialized care. Currently, where one lives often determines one’s ability to survive childhood cancer.

The 188 member organizations of Childhood Cancer International (CCI) in 96 countries as the largest non-profit patient support organization for childhood cancer and the 1000 healthcare professionals from 110 countries who are members of the International Society of Paediatric Oncology (SIOP) ask everyone to come together in solidarity to make sure children and adolescents everywhere have the chance to survive cancer and live long, productive and meaningful lives.

“The chance for a cure, the chance to live, should not be an accident of geography. There is nothing scarier than realizing that your child has cancer. However, there is nothing more tragic than knowing that treatment and cure does exist for your particular child’s cancer and with excellent outcomes, BUT… that it is not available for your child. Why? Because your child happens to live in the wrong hemisphere! It is time to take action to stop this cruel atrocity… makes your voices heard on International Childhood Cancer Day and demand from world leaders to ACT and HELP SAVE ALL CHILDREN regardless of where they live!”
(HRH Princess Dina Mired, mother of childhood cancer survivor, President-elect, UICC).

 

For the next 3 years we will build on a campaign to:

  1. Build global awareness that more than 300,000 children each year are diagnosed with cancer.
  2. Build global awareness that many types of childhood cancer are curable if given:
    • The right to early and proper diagnosis;
    • The right to access life-saving essential medicines;
    • The right to appropriate and quality medical treatments, and;
    • The right to follow up care, services and sustainable livelihood opportunities for survivors.
  3. Work towards the United Nation’s Sustainable Development Goal 3.4 to reduce premature mortality one-third by 2030.
    • Too often when it comes to childhood cancer we are faced with a response of “but.”
    • “But” there aren’t enough children to develop new drugs;
    • “But” the treatment is too expensive;
    • “But” there aren’t enough doctors,
    • “But” …

ICCD 2018 Call to Action

The time is now. There can be no more “but.”

On July 6, 2017, the United Nations General Assembly adopted a global indicator framework for achievement of the Sustainable Development Goals (SDGs) and 2030 Global Health Targets. Sustainable Development Goal 3.4 challenges countries to: “By 2030, reduce by one-third of premature mortality from Non-Communicable Diseases (NCDs) through prevention and treatment, and promote mental health and well-being.” Childhood Cancer International agrees that making childhood cancer a national and global child health priority is a critical first step towards reducing premature child mortality 30 percent by 2030, providing a crucial milestone for countries to obtain this United Nation’s goal.

Childhood cancers are often curable but too many children and adolescents have no hope to overcome their disease simply because they were born in a country entrenched in poverty resulting in late diagnosis, lack of access to life-saving essential medicines and appropriate treatment.

There can be no more ‘but.’ All children in the world deserve hope for a cure – no matter where they live – not more excuses. We can no longer sweep this issue “under the rug.” Children are the future of our country and our world. Their vitality is the heartbeat of our world, a shared passion that can unite us because our future as a global community depends on it.

On International Childhood Cancer Day, all members of Childhood Cancer International stand united to make childhood cancer a national and global child health priority to ensure there are adequate resources to meet the basic rights of children with cancer. There can be no more ‘but.’ United together towards a shared vision we can advance cures, transform care, and instill hope. Together we must take action to reduce premature child cancer mortality.

Ruth Hoffman, Global President, Childhood Cancer International

This post is sponsored by Chas Everitt Cape Town South