{"id":719890,"date":"2023-09-23T17:00:00","date_gmt":"2023-09-23T15:00:00","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=719890"},"modified":"2023-09-22T16:20:58","modified_gmt":"2023-09-22T14:20:58","slug":"these-south-african-towns-are-becoming-semigration-hotspots","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/property\/719890\/these-south-african-towns-are-becoming-semigration-hotspots\/","title":{"rendered":"These South African towns are becoming semigration hotspots"},"content":{"rendered":"\n<p>Many local and international buyers are purchasing properties in South Africa&#8217;s towns, with many semigrating from the country&#8217;s big cities or simply looking for a high-quality second home. <\/p>\n\n\n\n<p>Ian Badenhorst, MD for Seeff Country and Karoo, said these towns offer a rural lifestyle but have excellent schools and big-town facilities nearby. <\/p>\n\n\n\n<p>Prices of goods are also often cheaper in smaller towns, with residents also treated to beautiful scenery. <\/p>\n\n\n\n<p>The property prices in these towns have also skyrocketed over the last five to 10 years, according to data from Seeff and Lightstone.  <\/p>\n\n\n\n<p>For instance, property prices in Franschhoek in the Western Cape have increased 104% over the last ten years. <\/p>\n\n\n\n<p>&#8220;That said, for people moving here, the investment is about more than just bricks and mortar; they are investing in a better quality life,&#8221; said Badenhorst.<\/p>\n\n\n\n<p>Below are the price increases for several popular semigration and second home hotspots: <\/p>\n\n\n\n<figure class=\"wp-block-table\"><div class=\"table-responsive\"><table class=\"table\"><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>Location<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>Region<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>Avg Price<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>5-year change<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>10-year change <\/strong><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Franschhoek<\/td><td class=\"has-text-align-center\" data-align=\"center\">Cape Winelands<\/td><td class=\"has-text-align-center\" data-align=\"center\">R5.7m<\/td><td class=\"has-text-align-center\" data-align=\"center\">36%<\/td><td class=\"has-text-align-center\" data-align=\"center\">104%<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Nottingham Road<\/td><td class=\"has-text-align-center\" data-align=\"center\">KZN Midlands<\/td><td class=\"has-text-align-center\" data-align=\"center\">R3.6m<\/td><td class=\"has-text-align-center\" data-align=\"center\">14%<\/td><td class=\"has-text-align-center\" data-align=\"center\">82%<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">St Francis Bay<\/td><td class=\"has-text-align-center\" data-align=\"center\">E.Cape Coast<\/td><td class=\"has-text-align-center\" data-align=\"center\">R2.9m<\/td><td class=\"has-text-align-center\" data-align=\"center\">45%<\/td><td class=\"has-text-align-center\" data-align=\"center\">81%<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Langebaan<\/td><td class=\"has-text-align-center\" data-align=\"center\">West Coast<\/td><td class=\"has-text-align-center\" data-align=\"center\">R2.6m<\/td><td class=\"has-text-align-center\" data-align=\"center\">37%<\/td><td class=\"has-text-align-center\" data-align=\"center\">100%<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Yzerfontein<\/td><td class=\"has-text-align-center\" data-align=\"center\">West Coast<\/td><td class=\"has-text-align-center\" data-align=\"center\">R2.5m<\/td><td class=\"has-text-align-center\" data-align=\"center\">35%<\/td><td class=\"has-text-align-center\" data-align=\"center\">109%<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Port Alfred<\/td><td class=\"has-text-align-center\" data-align=\"center\">E.Cape Sunshine Coast<\/td><td class=\"has-text-align-center\" data-align=\"center\">R2.3m<\/td><td class=\"has-text-align-center\" data-align=\"center\">28%<\/td><td class=\"has-text-align-center\" data-align=\"center\">53%<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Hartbeespoort<\/td><td class=\"has-text-align-center\" data-align=\"center\">Magalies Region<\/td><td class=\"has-text-align-center\" data-align=\"center\">R2.1m<\/td><td class=\"has-text-align-center\" data-align=\"center\">32%<\/td><td class=\"has-text-align-center\" data-align=\"center\">44%<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Swellendam<\/td><td class=\"has-text-align-center\" data-align=\"center\">Overberg<\/td><td class=\"has-text-align-center\" data-align=\"center\">R2m<\/td><td class=\"has-text-align-center\" data-align=\"center\">67%<\/td><td class=\"has-text-align-center\" data-align=\"center\">143%<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Napier<\/td><td class=\"has-text-align-center\" data-align=\"center\">Overberg<\/td><td class=\"has-text-align-center\" data-align=\"center\">R1.6m<\/td><td class=\"has-text-align-center\" data-align=\"center\">86%<\/td><td class=\"has-text-align-center\" data-align=\"center\">113%<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Ladysmith<\/td><td class=\"has-text-align-center\" data-align=\"center\">Klein Karoo<\/td><td class=\"has-text-align-center\" data-align=\"center\">R1.6m<\/td><td class=\"has-text-align-center\" data-align=\"center\">113%<\/td><td class=\"has-text-align-center\" data-align=\"center\">167%<\/td><\/tr><\/tbody><\/table><\/div><figcaption class=\"wp-element-caption\">Data from Seeff and Lightstone <\/figcaption><\/figure>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"has-medium-font-size\"><strong>Franschhoek \u2013 Cape Winelands<\/strong><\/p>\n\n\n\n<p>Franschhoek is a short drive from Cape Town and is surrounded by picturesque mountains and wineries, such as La Motte, Backsberg, Babylonstoren, Boschendal, and Haute Cabri\u00e8re. <\/p>\n\n\n\n<p>The area is also filled with restaurants, art galleries and beautiful houses.<\/p>\n\n\n\n<p>Those looking to buy will have to pay upwards of R4 million to R8 million, with the top end reaching as high as R100 million. <\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"has-medium-font-size\"><strong>Nottingham Road \u2013 Natal Midlands<\/strong><\/p>\n\n\n\n<p>The village is close to the Drakensberg and Midlands Meander and close to Michaelhouse and Hilton College. <\/p>\n\n\n\n<p>With it just 1.5 hours from Durban, many are treating it as a second-home haven. Activities in the areas include golf, cycling, fly-fishing and more. <\/p>\n\n\n\n<p>Properties cost between R3 million to R9 million on average and just under R100 million at the top end. <\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"has-medium-font-size\"><strong>St Francis Bay \u2013 Eastern Cape Coast<\/strong><\/p>\n\n\n\n<p>The holiday village is made up of several artificial canals and waterways, with several homes available on the marina that have their own mooring. <\/p>\n\n\n\n<p>Buyers should, on average, expect to pay between R3 million to R6 million and about R30 million at the top end. <\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"has-medium-font-size\"><strong>Langebaan \u2013 West Coast<\/strong><\/p>\n\n\n\n<p>Jaco and Tracey-lee Coetzee from Seeff say this area often sees buyers eyeing up second homes or retiring. <\/p>\n\n\n\n<p>The town is only 90 minutes from Cape Town and has several good schools, water sports, a lagoon and more. <\/p>\n\n\n\n<p>Buyers should expect to pay between R1.7 million and R8 million, with the top end at about R30 million.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"has-medium-font-size\"><strong>Yzerfontein \u2013 West Coast<\/strong><\/p>\n\n\n\n<p>The small village has seen little commercialisation, which has created an unspoilt coastal lifestyle. Buyers come from all over, but those in the Cape have a strong preference. <\/p>\n\n\n\n<p>Buyers should expect to pay between R2.95 million and R8 million, with the top end at just under R30 million.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"has-medium-font-size\"><strong>Port Alfred \u2013 Eastern Cape Sunshine Coast<\/strong><\/p>\n\n\n\n<p>Situated between Gqeberha and East London, Simon&nbsp;Olivier from Seeff said the area is a great base for digital nomads, retirees and families relocating to the coast.<\/p>\n\n\n\n<p>The area is popular for riverboat cruises, hiking trails, excellent golfing, and medical and shopping amenities. <\/p>\n\n\n\n<p>Buyers should expect to, on average, pay between R1.1 million to R6 million, with the top end reaching R15 million.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"has-medium-font-size\"><strong>Hartbeespoort \u2013 Magaliesberg area<\/strong><\/p>\n\n\n\n<p>The large selection of estates with luxury homes makes this town popular for second home and semigration buyers, especially those from the Joburg\/Pretoria metros. <\/p>\n\n\n\n<p>&#8220;Attractions include the Magaliesberg Mountains, dam restaurants, shops and more, and you are quite close to the big cities as well,&#8221; Seeff said. <\/p>\n\n\n\n<p>Average house prices range from upwards of R2.2 million to R6 million, with the top end reaching R40 million. <\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"has-medium-font-size\"><strong>Swellendam &#8211; Overberg<\/strong><\/p>\n\n\n\n<p>Despite regularly being used as a stopover on the way to the Garden Route, buyers from Gauteng, KZN and the Cape have flocked to the area, particularly high-earning young families who are looking for the benefits of a small town with excellent schooling. <\/p>\n\n\n\n<p>Properties between R2 million and R3 million are scarce, as vacant land prices have jumped by more than 40% due to scarcity. <\/p>\n\n\n\n<p>On average, prices for residential properties range from R2 million to R5 million, while agricultural properties can cost between R10 million and around R40 million.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"has-medium-font-size\"><strong>Napier \u2013 Overberg<\/strong><\/p>\n\n\n\n<p>The village is noted for its low crime, good services, beautiful mountain and rolling farmlands. <\/p>\n\n\n\n<p>It is close to the Cape Town Airport, Hermanus and Somerset West and has attractions like the De Hoop Nature Reserve. <\/p>\n\n\n\n<p>According to Seeff&#8217;s Elaine and Lori Hodgson, buyer enquiries mostly come from those in the North West, Gauteng, Free State, and KZN. <\/p>\n\n\n\n<p>Buyers should expect to pay over R1.6 million and roughly R6 million at the top end. <\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"has-medium-font-size\"><strong>Ladismith &#8211; Klein Karoo<\/strong><\/p>\n\n\n\n<p>Sonja Claassen, an agent with Seeff, said the town has beautiful architecture and easy access to the Garden Route and Klein Karoo. <\/p>\n\n\n\n<p>Claasen said that more semigration buyers are heading here as an alternative to the Garden Route towns. <\/p>\n\n\n\n<p>Buyers should expect to only pay upwards of R850,000 and about R3 million for a top-end home. There are also small holdings and farms in the area. <\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>Read<\/strong>: <a href=\"https:\/\/businesstech.co.za\/news\/property\/718820\/a-huge-problem-for-the-south-african-property-market-and-how-to-overcome-it\/\" target=\"_blank\" rel=\"noreferrer noopener\">A huge problem for the South African property market \u2013 and how to overcome it<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Several South African towns are seeing an influx of semigration and second home buyers. <\/p>\n","protected":false},"author":95,"featured_media":719908,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12755],"tags":[26,10773],"class_list":["post-719890","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property","tag-headline","tag-seeff"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/719890","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/95"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=719890"}],"version-history":[{"count":5,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/719890\/revisions"}],"predecessor-version":[{"id":720692,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/719890\/revisions\/720692"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/719908"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=719890"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=719890"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=719890"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}