Page 12 - Kyalami Issue 3 2021
P. 12

PROPERTY NEWS

 Kyalami Estates Corporate Brand Bible  Design                                                                                                         23

             PROPERTY TALK
 3.0  Invoice Template

                     WITH ROB HUDSON


                           OF RE/MAX ONE





                    hat a magnificent 16 years my family and I   profile of owners in the estate. It must be noted that I
                    have spent in Kyalami Estates, having moved   have obtained my data from a range of sources including
                    here when our daughter was two years old   Lightstone, the Prop24 portal and ‘macrotrends.net’.
         Wand our son was one. Sunninghill had been
          exceptionally good to my wife and myself in our early   The two graphs below show the average Rand value (in
          marriage, but then came the need for space, freedom and   millions) of properties transferred in Kyalami Estates over
          privacy and we could not have made a better choice than   the past nine years. The good news is that our property
                                         INVOICE
          Kyalami Estates.    Property Talk with Rob Hudson of                                                             The pie charts below tell us a bit more about our fellow residents in Kyalami Estates. Interestingly
                                                              sales values demonstrate a consistent growth in average
                                                                                                                           almost 70% of owners have owned in the estate for 8 years or longer.  Like the above finding, this stat
                                                              sales price over the period, with an overall appreciation
          By way of short introduction and background, I have   of around 35%. Kyalami Estates is a premium estate and     highlights the propensity for people to stay, which has to talk to the quality of lifestyle experienced in
          25 years’ experience in the field of financial /banking   ranked by Lightstone in the top 15% of SA estates from a   the estate.
                                         Entity: Kyalami Estates
          research and strategy, co-owning a company called   pricing perspective, yet with an average sales price of only
                                    Entity VAT No: 2018/031605/07
          ‘KPI Research and Strategy’, that assists four of the top   R4m for a typical 4-bedroom, freehold home, the estate   The charts also clearly illustrate which market the estate appeals to the most, being the ‘family’
                                           Entity Reg No:
          five banks with their market intelligence and research   continues to offer exceptional value for money.         segment with two thirds of new owners between 36 - 49 years old.
          requirements. Coupled with this line of business, I have  ONE
                                       Invoice Date: xx May 2019
          20 years’ experience in the property sector - locally in   The figure to the left shows the number of sales that                             Profile of Owners in Kyalami Estates
                    What a magnificent 16 years we have spent in Kyalami Estates, having moved here when our daughter
          sales and as developer of Thorny Bush Golf Estate, as   happen in Kyalami Estates each year. In 2013, we had
                                              Bill to:
                    was 2 years old and our son 1.  Sunninghill had been exceptionally good to my wife and myself in our
          well as internationally representing the ENL Property   a bit of an anomaly in terms of sales volumes, at almost
                    early marriage days, but then came the need for space, freedom and privacy and we could not have
          Group of Mauritius since 2005 (our estates include   70% higher than usual. This happened to coincide with
                    made a better choice than Kyalami Estates.
          Heritage Villas Valriche, La Balise Marina and Moka   when the Waterfall Village and Country Estates were really
                                                              starting to take shape, which was likely the driver of this
          Smart City).  Attention:xxxxx xxxxx               Tax Invoice No: xxxxx xxxxx
                    By way of short introduction and background, I have 25 years experience in the field of financial /
                     Xxxxx xxxxxxxxxxxx
                                                          Recipient VAT No: xxxxx xxxxx
                                                              jump in sales as residents relocated to these estates.
                    banking research and strategy, co-owning a company called ‘KPI Research and Strategy’, that assists 4
                     Xxxxx xxxxxxxxxxxx
          When the opportunity arose to take on RE/MAX       PO Number: xxxxx xxxxx                                                                                                                     R
                                                              Beyond this one year spike, the turnover in properties
                    of the top 5 banks with their market intelligence and research requirements.  Coupled with this line of
          representation in Kyalami Estates, I didn’t hesitate. When   is fairly consistent - approximately 50 properties are
                    business I have 20 years experience in the property sector; locally in sales and as developer of Thorny
          it comes to ‘work’ my career path has undoubtedly been   traded annually in Kyalami Estates (out of a total of 1021
                    Bush Golf Estate, as well as internationally representing the ENL Property Group of Mauritius since
          driven by my passion for ‘research’ and ‘property sales’.   properties). This 5% annual churn is certainly reflective of
                    2005 (our estates include Heritage Villas Valriche, La Balise Marina and Moka Smart City).  When the
          When it comes to life, my passion is family. I am now   a healthy, stable state of affairs in Kyalami Estates, as it
                    opportunity arose to take on RE/MAX representation in Kyalami Estates, I didn’t hesitate.  When it
                   Account:
                                                                     Tax Reference:
                                          Your Reference:
          blessed to have this opportunity to merge all three of my   is not uncommon for this figure to be around 10% in other
                    comes to ‘work’ my career path has undoubtedly been driven by my passion for ‘research’ and
                 Kyalami Estates
          passions into one job.            Kyalami Estates   estates.  Kyalami Estates
                    ‘property sales’.  When it comes to life my passion is family.  I am now blessed to have this opportunity
                    of merging all 3 of my passions into one job.
          In this publication, I look forward to providing market   The pie charts on the following page tell us a bit
          insights and updates that are intended to be relevant   more about our fellow residents in Kyalami Estates.
                    In this publication I look forward to providing market insights and updates that are intended to be
          and informative. In this first edition, I thought it would   Interestingly, almost 70% of owners have owned in the
                    relevant and informative.  In this first edition I thought it would be opportune to take a holistic view of
          be opportune to take a holistic view of how property is   estate for eight years or longer. Like the above finding,
                                                                     Tax Reference:
                 Description:
                                             Unit Price
                    how property is performing in Kyalami Estates and to also reflect on the profile of owners in the estate.
          performing in Kyalami Estates and to also reflect on the   this statistic highlights the propensity for people to stay,
                Xxxxx       xxxxxxxxx
                                                                        R000 0000
                    It must be noted that I have obtained my data from a range of sources including Lightstone, Prop24
                                             R000 0000
                    portal and “macrotrends.net”.
                 Xxxxx        xxxxxxx        R000 00000                 R000 0000
                    The 2 graphs, to the right and below
         Kyalami Estates Average No. of Annual Sales         Kyalami Estates Average Property Price (median price in R millions)
                    show the average R-value (in millions)                                   3,98  4    4
         90         of properties transferred in Kyalami            4             3,64   3,88       3,88
                  82                  Sub Total: R000 000.00           - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
                                                                                     3,50
                                                                              3,40
         80         Estates over the past 9 years. The good         3,5
                                      VAT 15%: R000 000.00
                    news is our property sales values well             2,98  3
         70                             Total: R000 000.00          3
                    demonstrate a consistent growth in
         60         average sales price (property value)            2,5
                                       56
                          56
                              51
                                               52
         - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
                    over the period, with an overall
         50  45                                                     2                                                      Although only 2% of existing owners are in the 18-35 year segment, which can be anticipated from an
                    appreciation of around 35%.  Kyalami                                                                   a‰ordability perspective, its good to see that 15% of the recent buyers are in this segment.
                                     Account Name: Kyalami Estates
                                  42
                      40
                                           38
         40         Estates is a premium estate and ranked          1,5                                                    Hopefully this percentage continues to grow as first and second time buyers increasingly recognise
                                            Bank: Investec
                                        Account: xxxxxxxxxxxxxxx
         30         by Lightstone in the top 15% of SA              1                                                      the benefits of owning in the estate.
                                        Account Type: Current
                    estates from a pricing perspective, yet
         20                                                         0,5
                                         Branch Code: xxxxxx
                    with an average sales price of only R4m                                                                In summary, these baseline indicators reflect on an estate that has shown a consistent and
         10         for a typical 4 bedroom, freehold home,         0                                                      sustainable growth trend in terms of asset appreciation.  Is still a‰ordable with an average sales price
                    the Estate continues to o‰er
                                        Estate Office & Administration
         0                                                     - - - Kyalami Estate Avr Property Price (R m)   Linear Kyalami Estate Avr Property Price (R m)   of R4m and is evidently an environment / community where owners are content as seen with low
                                  Tel: (011) 468 3001/2  |  Fax: (011) 468 1246
                    exceptional value for money.                                                                           levels of annual churn. I am sure the vast majority of us are very pleased with making this home.
                                       Email: info@kyalamiestates.co.za
                                       PO Box 50, Kyalami Estates 1684  The figure to the left shows the number of sales that   In upcoming articles we will cover topics such as how Kyalami Estates performs relative to other
                     Kyalami Estates Average No. of Annual Sales  happen in Kyalami Estates each year.  In 2013 we had a   estates, how one can self-calculate your property value and the likes.  We will also look at property
                                                                                                                           matters beyond the walls of Kyalami Estates such as how the property transfer process works,
                      90
    10  Kyalami Estates • CONNECT • Issue 3 • 2021                bit of an anomaly in terms of sales volumes, at almost   ‘semigration’ and o‰shore markets.
                                                                  70% higher than usual.  This happened to coincide
                             82
                      80
                                                                  when Waterfall Village and Country Estates were really
                      70                                                                                                                        One of the joys of being part of the RE/MAX One family is having access
                                                                  starting to take shape, which was likely the driver of
                      60             56          56               this jump in sales as residents relocated to these                                         to a diverse range of property & legal expertise.
                                         51
                      - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -  estates.
                                                         52
                      50
                         45                                                                                                                             So if you have any property related questions please don’t
                                 40          42
                      40                             38           Beyond this 1 year spike, it’s consistent and                                             hesitate to pop me a Whatsapp on 083 309 0760
                                                                  approximately 50 properties are traded annually in
                      30                                                                                                                                             or email on rob@remaxone.co.za
                                                                  Kyalami Estates (out of a total of 1021 properties). This
                      20
                                                                  5% annual churn is certainly reflective of a healthy,
                      10                                          stable state of a‰airs in Kyalami Estates as it is not
                                                                  uncommon for this figure to be around 10% in other
                      0                                                                                                                                                                             ONE
                                                                  estates.
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