The surge in first-time buyers entering Cape Town’s property market – a notable 3.3 times more than this time last year – augurs well for a gradual house price recovery in the next few months, says Dr Andrew Golding, chief executive of the Pam Golding Property group.

Being a landlord can be just as challenging as managing any other business and, in a slow market where stock outnumbers prospective tenants, its especially important to have a thorough understanding of the current rental market and to take a hard, objective look at your property.

Long the unassuming and often overlooked wallflower of the Southern Suburbs, Plumstead has been attracting growing investor interest in recent years, especially since the bubble burst three years ago.

The property market in the Southern Suburbs has performed valiantly in the face of the political and economic uncertainty of 2017, showing solid growth in prices despite the significant drop in sales volumes.

Rawson Property Group agents in Cape Town’s Southern Suburbs have been reporting increasing interest in the area’s luxury market, with sales continuing to heat up in spite of the ongoing economic pressure being experienced in South Africa.