{"id":794873,"date":"2024-10-19T15:00:00","date_gmt":"2024-10-19T13:00:00","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=794873"},"modified":"2024-10-18T16:11:12","modified_gmt":"2024-10-18T14:11:12","slug":"major-semigration-shift-in-south-africa-these-are-the-towns-people-are-flocking-to","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/property\/794873\/major-semigration-shift-in-south-africa-these-are-the-towns-people-are-flocking-to\/","title":{"rendered":"Major semigration shift in South Africa \u2013 these are the towns people are flocking to"},"content":{"rendered":"\n<p>A quarter of homeowners who sell and then buy a new home choose to move to another province, and the top towns South Africans flock to include Cape Town, Milnerton, Mossel Bay, George, and more. <\/p>\n\n\n\n<p>In recent years, South Africa has seen a significant trend of homeowners relocating to different provinces, a phenomenon known as semigration. <\/p>\n\n\n\n<p>According to a 2024 report by Lightstone Property, one in four homeowners who sell their current home and then purchase a new one opt to move to another province. <\/p>\n\n\n\n<p>This marks a considerable rise from 2019, when only 16% of such homeowners made interprovincial moves, now reaching 27%.<\/p>\n\n\n\n<p>This trend has become a noteworthy part of the South African real estate landscape, particularly affecting those who sell and buy again within the housing market. <\/p>\n\n\n\n<p>The data provided excludes first-time buyers, properties owned by multiple individuals, sellers who do not purchase another home, and households that buy again under a different spouse&#8217;s name. <\/p>\n\n\n\n<p>Nonetheless, the report highlights that approximately 50,000 homeowners participated in this sell-to-buy market in recent years.<\/p>\n\n\n\n<p>Gauteng and the Western Cape emerge as the dominant regions for these transactions, accounting for 48% and 23% of the sell-to-buy market, respectively. <\/p>\n\n\n\n<p>Together, they make up over 70% of this market segment, leaving the other seven provinces to account for the remaining share. <\/p>\n\n\n\n<p>While many homeowners tend to stay within their home province, there has been a noticeable decline in the percentage of repeat buyers remaining within provincial borders. <\/p>\n\n\n\n<p>Comparing data from 2018\/19 to 2023\/24, this trend shows a decrease across eight of South Africa\u2019s nine provinces. <\/p>\n\n\n\n<p>Only the Western Cape maintained a relatively stable proportion of homeowners staying within the province, dipping only slightly from 89% to 87%.<\/p>\n\n\n\n<p>Gauteng, on the other hand, saw a significant 10% drop in repeat buyers choosing to stay in the province.<\/p>\n\n\n\n<p>Other provinces, such as the Eastern Cape, Free State, KwaZulu-Natal, Mpumalanga, and Limpopo, experienced even larger declines, with figures dropping between 9% and 15%. <\/p>\n\n\n\n<p>This shift illustrates a growing desire for homeowners to relocate to new provinces, particularly to the Western Cape.<\/p>\n\n\n\n<p>The Western Cape remains a favoured destination for semigrants, attracting many people from other provinces.<\/p>\n\n\n\n<p>Notably, 3,500 homeowners from Gauteng made the move to the Western Cape, with 870 coming from KwaZulu-Natal. <\/p>\n\n\n\n<p>In return, around 1,600 homeowners from the other six provinces moved to Gauteng or the Western Cape.<\/p>\n\n\n\n<p>By examining semigration on a town or city level, a clearer picture emerges of where people are choosing to settle. <\/p>\n\n\n\n<p>Fourteen of the top fifteen towns with a net gain in homeowners are located in the Western Cape. <\/p>\n\n\n\n<p>Cape Town leads the list, with over 1,500 homeowners making the city their new home. <\/p>\n\n\n\n<p>Milnerton and Mossel Bay follow closely, with net inflows of 1,249 and 651, respectively. George and Somerset West round out the top five, attracting 526 and 497 semigrants. <\/p>\n\n\n\n<p>Jeffrey\u2019s Bay in the Eastern Cape is the only non-Western Cape town on the list, though its distance from the Cape border is not far.<\/p>\n\n\n\n<p>The data from Lightstone confirms that the Western Cape continues to draw semigrants from across South Africa, solidifying its status as a preferred destination for those looking for a fresh start in a new province.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><div class=\"table-responsive\"><table class=\"table\"><thead><tr><th>#<\/th><th>Town<\/th><th class=\"has-text-align-center\" data-align=\"center\">Inflow<\/th><th class=\"has-text-align-center\" data-align=\"center\">Outflow<\/th><th class=\"has-text-align-center\" data-align=\"center\">Net inflow<\/th><\/tr><\/thead><tbody><tr><td>1<\/td><td>Cape Town<\/td><td class=\"has-text-align-center\" data-align=\"center\">1,740<\/td><td class=\"has-text-align-center\" data-align=\"center\">179<\/td><td class=\"has-text-align-center\" data-align=\"center\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#3c693b\" class=\"has-inline-color\">+1,561<\/mark><\/td><\/tr><tr><td>2<\/td><td>Milnerton<\/td><td class=\"has-text-align-center\" data-align=\"center\">1,394<\/td><td class=\"has-text-align-center\" data-align=\"center\">145<\/td><td class=\"has-text-align-center\" data-align=\"center\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#3c693b\" class=\"has-inline-color\">+1,249<\/mark><\/td><\/tr><tr><td>3<\/td><td>Mossel Bay<\/td><td class=\"has-text-align-center\" data-align=\"center\">701<\/td><td class=\"has-text-align-center\" data-align=\"center\">50<\/td><td class=\"has-text-align-center\" data-align=\"center\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#3c693b\" class=\"has-inline-color\">+651<\/mark><\/td><\/tr><tr><td>4<\/td><td>George<\/td><td class=\"has-text-align-center\" data-align=\"center\">560<\/td><td class=\"has-text-align-center\" data-align=\"center\">34<\/td><td class=\"has-text-align-center\" data-align=\"center\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#3c693b\" class=\"has-inline-color\">+526<\/mark><\/td><\/tr><tr><td>5<\/td><td>Somerset West<\/td><td class=\"has-text-align-center\" data-align=\"center\">526<\/td><td class=\"has-text-align-center\" data-align=\"center\">29<\/td><td class=\"has-text-align-center\" data-align=\"center\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#3c693b\" class=\"has-inline-color\">+497<\/mark><\/td><\/tr><tr><td>6<\/td><td>Durbanville<\/td><td class=\"has-text-align-center\" data-align=\"center\">448<\/td><td class=\"has-text-align-center\" data-align=\"center\">34<\/td><td class=\"has-text-align-center\" data-align=\"center\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#3c693b\" class=\"has-inline-color\">+414<\/mark><\/td><\/tr><tr><td>7<\/td><td>St Helena Bay<\/td><td class=\"has-text-align-center\" data-align=\"center\">378<\/td><td class=\"has-text-align-center\" data-align=\"center\">16<\/td><td class=\"has-text-align-center\" data-align=\"center\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#3c693b\" class=\"has-inline-color\">+362<\/mark><\/td><\/tr><tr><td>8<\/td><td>Groot Brakriver<\/td><td class=\"has-text-align-center\" data-align=\"center\">360<\/td><td class=\"has-text-align-center\" data-align=\"center\">21<\/td><td class=\"has-text-align-center\" data-align=\"center\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#3c693b\" class=\"has-inline-color\">+339<\/mark><\/td><\/tr><tr><td>9<\/td><td>Knysna<\/td><td class=\"has-text-align-center\" data-align=\"center\">348<\/td><td class=\"has-text-align-center\" data-align=\"center\">26<\/td><td class=\"has-text-align-center\" data-align=\"center\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#3c693b\" class=\"has-inline-color\">+322<\/mark><\/td><\/tr><tr><td>10<\/td><td>Hermanus<\/td><td class=\"has-text-align-center\" data-align=\"center\">333<\/td><td class=\"has-text-align-center\" data-align=\"center\">25<\/td><td class=\"has-text-align-center\" data-align=\"center\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#3c693b\" class=\"has-inline-color\">+308<\/mark><\/td><\/tr><tr><td>11<\/td><td>Strand<\/td><td class=\"has-text-align-center\" data-align=\"center\">312<\/td><td class=\"has-text-align-center\" data-align=\"center\">36<\/td><td class=\"has-text-align-center\" data-align=\"center\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#3c693b\" class=\"has-inline-color\">+276<\/mark><\/td><\/tr><tr><td>12<\/td><td>Stellenbosch<\/td><td class=\"has-text-align-center\" data-align=\"center\">264<\/td><td class=\"has-text-align-center\" data-align=\"center\">7<\/td><td class=\"has-text-align-center\" data-align=\"center\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#3c693b\" class=\"has-inline-color\">+257<\/mark><\/td><\/tr><tr><td>13<\/td><td>Langebaan<\/td><td class=\"has-text-align-center\" data-align=\"center\">263<\/td><td class=\"has-text-align-center\" data-align=\"center\">21<\/td><td class=\"has-text-align-center\" data-align=\"center\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#3c693b\" class=\"has-inline-color\">+242<\/mark><\/td><\/tr><tr><td>14<\/td><td>Jeffreys Bay<\/td><td class=\"has-text-align-center\" data-align=\"center\">333<\/td><td class=\"has-text-align-center\" data-align=\"center\">119<\/td><td class=\"has-text-align-center\" data-align=\"center\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#3c693b\" class=\"has-inline-color\">+214<\/mark><\/td><\/tr><tr><td>15<\/td><td>Bellville<\/td><td class=\"has-text-align-center\" data-align=\"center\">254<\/td><td class=\"has-text-align-center\" data-align=\"center\">44<\/td><td class=\"has-text-align-center\" data-align=\"center\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#3c693b\" class=\"has-inline-color\">+210<\/mark><\/td><\/tr><\/tbody><\/table><\/div><figcaption class=\"wp-element-caption\"><em>Source: Lighstone Property <\/em><\/figcaption><\/figure>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>Read: <a href=\"https:\/\/businesstech.co.za\/news\/property\/793897\/one-town-in-the-western-cape-where-house-prices-increased-from-r400000-to-r1-8-million\/\">One town in the Western Cape where house prices increased from R400,000 to R1.8 million<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>New data shows that semigrants are flocking to these 15 towns in South Africa. <\/p>\n","protected":false},"author":92,"featured_media":794948,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12755],"tags":[10349,4038,853,3024],"class_list":["post-794873","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property","tag-lightstone-property","tag-property","tag-south-africa","tag-western-cape"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/794873","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\/92"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=794873"}],"version-history":[{"count":12,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/794873\/revisions"}],"predecessor-version":[{"id":796253,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/794873\/revisions\/796253"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/794948"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=794873"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=794873"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=794873"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}