STBB Property Investors Club Newsletter | Issue 01 – 2020 | Article 01


The interest rate is at its lowest since 1988, the year Rhodes University in Grahamstown established South Africa’s first e-mail link to the internet and Nelson Mandela was moved to the Victor Verster Prison. For those with the appetite and ability to invest in real estate, this is an opportunity not to be missed.

According to data collected from the credit bureau TPN, it is young, black women in their mid-twenties and early thirties who are currently driving the property investment market in the country and states that the historically low interest rates have resulted in a significant shift in rental and buying patterns. While millennials (born between 1981 and 1996 – ages 24 to 39 in 2020) are known to live in rented accommodation for as long as possible, more are starting to see the benefits of investing in property. This is supported by the statistics.

Similarly, bond applications and approvals for women have also increased significantly. In the past decade, the figure has increased from 14% to 41%. It is further noted that 60% of these applications were submitted by single women.

There can be no gainsaying that these figures show that women are experimenting with their financial independence, and recognising the value of investing in property as a stable asset. Their buying power is also supported by the fact that property prices as well as bond and transfer costs, in nominal terms, have remained fairly flat in many areas.

For more information on bond and transfer costs as well as investing in property, contact us on, for a consultation or discussion.


For the best legal advice and personalised service, let's talk
Subscribe to our montly newsletters, Subscribe