Page 13 - Kyalami Issue 3 2021
P. 13
The pie charts below tell us a bit more about our fellow residents in Kyalami Estates. Interestingly
Property Talk with Rob Hudson of
Property Talk with Rob Hudson of
almost 70% of owners have owned in the estate for 8 years or longer. Like the above finding, this stat
almost 70% of owners have owned in the estate for 8 years or longer. Like the above finding, this stat
highlights the propensity for people to stay, which has to talk to the quality of lifestyle experienced in
highlights the propensity for people to stay, which has to talk to the quality of lifestyle experienced in
the estate.
the estate.
The pie charts below tell us a bit more about our fellow residents in Kyalami Estates. Interestingly
Property Talk with Rob Hudson of The pie charts below tell us a bit more about our fellow residents in Kyalami Estates. Interestingly
almost 70% of owners have owned in the estate for 8 years or longer. Like the above finding, this stat
The charts also clearly illustrate which market the estate appeals to the most, being the ‘family’
The charts also clearly illustrate which market the estate appeals to the most, being the ‘family’
highlights the propensity for people to stay, which has to talk to the quality of lifestyle experienced in
ONE
segment with two thirds of new owners between 36 - 49 years old.
ONE segment with two thirds of new owners between 36 - 49 years old.
the estate.
Profile of Owners in Kyalami Estates
Profile of Owners in Kyalami Estates
What a magnificent 16 years we have spent in Kyalami Estates, having moved here when our daughter
What a magnificent 16 years we have spent in Kyalami Estates, having moved here when our daughter The charts also clearly illustrate which market the estate appeals to the most, being the ‘family’
ONE
was 2 years old and our son 1. Sunninghill had been exceptionally good to my wife and myself in our
was 2 years old and our son 1. Sunninghill had been exceptionally good to my wife and myself in our segment with two thirds of new owners between 36 - 49 years old.
early marriage days, but then came the need for space, freedom and privacy and we could not have
early marriage days, but then came the need for space, freedom and privacy and we could not have Profile of Owners in Kyalami Estates
made a better choice than Kyalami Estates.
made a better choice than Kyalami Estates.
What a magnificent 16 years we have spent in Kyalami Estates, having moved here when our daughter
was 2 years old and our son 1. Sunninghill had been exceptionally good to my wife and myself in our
By way of short introduction and background, I have 25 years experience in the field of financial /
By way of short introduction and background, I have 25 years experience in the field of financial /
early marriage days, but then came the need for space, freedom and privacy and we could not have
banking research and strategy, co-owning a company called ‘KPI Research and Strategy’, that assists 4
banking research and strategy, co-owning a company called ‘KPI Research and Strategy’, that assists 4
made a better choice than Kyalami Estates.
of the top 5 banks with their market intelligence and research requirements. Coupled with this line of R R
of the top 5 banks with their market intelligence and research requirements. Coupled with this line of
By way of short introduction and background, I have 25 years experience in the field of financial /
business I have 20 years experience in the property sector; locally in sales and as developer of Thorny
business I have 20 years experience in the property sector; locally in sales and as developer of Thorny
banking research and strategy, co-owning a company called ‘KPI Research and Strategy’, that assists 4
Bush Golf Estate, as well as internationally representing the ENL Property Group of Mauritius since
Bush Golf Estate, as well as internationally representing the ENL Property Group of Mauritius since
of the top 5 banks with their market intelligence and research requirements. Coupled with this line of
2005 (our estates include Heritage Villas Valriche, La Balise Marina and Moka Smart City). When the R
2005 (our estates include Heritage Villas Valriche, La Balise Marina and Moka Smart City). When the
business I have 20 years experience in the property sector; locally in sales and as developer of Thorny
opportunity arose to take on RE/MAX representation in Kyalami Estates, I didn’t hesitate. When it
opportunity arose to take on RE/MAX representation in Kyalami Estates, I didn’t hesitate. When it
Bush Golf Estate, as well as internationally representing the ENL Property Group of Mauritius since
comes to ‘work’ my career path has undoubtedly been driven by my passion for ‘research’ and
comes to ‘work’ my career path has undoubtedly been driven by my passion for ‘research’ and
2005 (our estates include Heritage Villas Valriche, La Balise Marina and Moka Smart City). When the
‘property sales’. When it comes to life my passion is family. I am now blessed to have this opportunity
‘property sales’. When it comes to life my passion is family. I am now blessed to have this opportunity
opportunity arose to take on RE/MAX representation in Kyalami Estates, I didn’t hesitate. When it
of merging all 3 of my passions into one job.
of merging all 3 of my passions into one job.
comes to ‘work’ my career path has undoubtedly been driven by my passion for ‘research’ and
‘property sales’. When it comes to life my passion is family. I am now blessed to have this opportunity
In this publication I look forward to providing market insights and updates that are intended to be
In this publication I look forward to providing market insights and updates that are intended to be
of merging all 3 of my passions into one job.
relevant and informative. In this first edition I thought it would be opportune to take a holistic view of
relevant and informative. In this first edition I thought it would be opportune to take a holistic view of
how property is performing in Kyalami Estates and to also reflect on the profile of owners in the estate.
how property is performing in Kyalami Estates and to also reflect on the profile of owners in the estate.
In this publication I look forward to providing market insights and updates that are intended to be
It must be noted that I have obtained my data from a range of sources including Lightstone, Prop24
It must be noted that I have obtained my data from a range of sources including Lightstone, Prop24
relevant and informative. In this first edition I thought it would be opportune to take a holistic view of
portal and “macrotrends.net”.
how property is performing in Kyalami Estates and to also reflect on the profile of owners in the estate.
portal and “macrotrends.net”.
The 2 graphs, to the right and below Kyalami Estates Average Property Price (median price in R millions)
It must be noted that I have obtained my data from a range of sources including Lightstone, Prop24
The 2 graphs, to the right and below
Kyalami Estates Average Property Price (median price in R millions)
show the average R-value (in millions) 3,88 3,98 4 3,98 3,88 4 4
portal and “macrotrends.net”.
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
show the average R-value (in millions)
4
The 2 graphs, to the right and below
of properties transferred in Kyalami 4 Kyalami Estates Average Property Price (median price in R millions)
3,88
3,88
of properties transferred in Kyalami
4
3,64
3,64
3,50
Estates over the past 9 years. The good 3,5 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
show the average R-value (in millions)
3,40
3,50
Estates over the past 9 years. The good
3,98
3,40
4
4
3,88
3,88
of properties transferred in Kyalami
news is our property sales values well 3,5 2,98 4 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3
2,98
3,64
news is our property sales values well
3
3,50
Estates over the past 9 years. The good
demonstrate a consistent growth in 3 3 3,5 3,40
demonstrate a consistent growth in
news is our property sales values well
average sales price (property value) 2,5 2,5 3 2,98 3
average sales price (property value)
demonstrate a consistent growth in
over the period, with an overall 2 Although only 2% of existing owners are in the 18-35 year segment, which can be anticipated from an
over the period, with an overall
average sales price (property value)
Although only 2% of existing owners are in the 18-35 year segment, which can be anticipated from an
appreciation of around 35%. Kyalami 2 2,5 aordability perspective, its good to see that 15% of the recent buyers are in this segment.
In summary, these baseline indicators reflect an estate
which surely reflects the quality of lifestyle experienced in
appreciation of around 35%. Kyalami
over the period, with an overall
aordability perspective, its good to see that 15% of the recent buyers are in this segment.
Although only 2% of existing owners are in the 18-35 year segment, which can be anticipated from an
Estates is a premium estate and ranked 1,5 1,5 2 Hopefully this percentage continues to grow as first and second time buyers increasingly recognise
that has shown a consistent and sustainable growth
the estate.
Estates is a premium estate and ranked
appreciation of around 35%. Kyalami
Hopefully this percentage continues to grow as first and second time buyers increasingly recognise
aordability perspective, its good to see that 15% of the recent buyers are in this segment.
by Lightstone in the top 15% of SA 1 1,5 the benefits of owning in the estate. trend in terms of asset appreciation. It is still affordable,
by Lightstone in the top 15% of SA
Estates is a premium estate and ranked
The charts also clearly illustrate which market the estate
Hopefully this percentage continues to grow as first and second time buyers increasingly recognise
estates from a pricing perspective, yet 0,5 1 1 the benefits of owning in the estate. with an average sales price of R4m and is evidently an
environment / community where owners are content as
appeals to the most, being the ‘family’ segment, with two
by Lightstone in the top 15% of SA
estates from a pricing perspective, yet
the benefits of owning in the estate.
with an average sales price of only R4m 0,5 In summary, these baseline indicators reflect on an estate that has shown a consistent and
thirds of new owners being between 36 - 49 years old.
seen with low levels of annual churn. I am sure the vast
estates from a pricing perspective, yet
with an average sales price of only R4m
In summary, these baseline indicators reflect on an estate that has shown a consistent and
for a typical 4 bedroom, freehold home, 0 0 0,5 sustainable growth trend in terms of asset appreciation. Is still aordable with an average sales price
majority of us are very pleased that we have made this
with an average sales price of only R4m
for a typical 4 bedroom, freehold home,
In summary, these baseline indicators reflect on an estate that has shown a consistent and
estate our home.
Although only 2% of existing owners are in the 18 - 35 years
sustainable growth trend in terms of asset appreciation. Is still aordable with an average sales price
the Estate continues to oer - - - 0 Linear Kyalami Estate Avr Property Price (R m) of R4m and is evidently an environment / community where owners are content as seen with low
sustainable growth trend in terms of asset appreciation. Is still aordable with an average sales price
the Estate continues to oer
segment, which can be anticipated from an affordability
for a typical 4 bedroom, freehold home, Kyalami Estate Avr Property Price (R m)
of R4m and is evidently an environment / community where owners are content as seen with low
exceptional value for money. - - - Kyalami Estate Avr Property Price (R m) Linear Kyalami Estate Avr Property Price (R m) levels of annual churn. I am sure the vast majority of us are very pleased with making this home.
the Estate continues to oer
perspective, it’s good to see that 15% of recent buyers are
In upcoming articles, we will cover topics such as how
exceptional value for money. - - - 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
levels of annual churn. I am sure the vast majority of us are very pleased with making this home.
exceptional value for money. 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 performs relative to other estates, how you
in this segment.
levels of annual churn. I am sure the vast majority of us are very pleased with making this home.
In upcoming articles we will cover topics such as how Kyalami Estates performs relative to other
can self-calculate your property value and more. We will
The figure to the left shows the number of sales that
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
In upcoming articles we will cover topics such as how Kyalami Estates performs relative to other
The figure to the left shows the number of sales that
Hopefully, this percentage continues to grow as first and
also look at property matters beyond the walls of Kyalami
estates, how one can self-calculate your property value and the likes. We will also look at property
Kyalami Estates Average No. of Annual Sales happen in Kyalami Estates each year. In 2013 we had a matters beyond the walls of Kyalami Estates such as how the property transfer process works,
estates, how one can self-calculate your property value and the likes. We will also look at property
bit of an anomaly in terms of sales volumes, at almost
second time buyers increasingly recognise the benefits of
matters beyond the walls of Kyalami Estates such as how the property transfer process works,
90 Kyalami Estates Average No. of Annual Sales happen in Kyalami Estates each year. In 2013 we had a ‘semigration’ and oshore markets. Estates, such as how the property transfer process works,
bit of an anomaly in terms of sales volumes, at almost
‘semigration’ and offshore markets.
owning in the estate.
bit of an anomaly in terms of sales volumes, at almost
90 82 90 70% higher than usual. This happened to coincide matters beyond the walls of Kyalami Estates such as how the property transfer process works,
‘semigration’ and oshore markets.
80 82 82 70% higher than usual. This happened to coincide ‘semigration’ and oshore markets.
70% higher than usual. This happened to coincide
80 80 when Waterfall Village and Country Estates were really One of the joys of being part of the RE/MAX One family is having access
when Waterfall Village and Country Estates were really
when Waterfall Village and Country Estates were really
70 starting to take shape, which was likely the driver of
One of the joys of being part of the RE/MAX One family is having access
to a diverse range of property & legal expertise.
starting to take shape, which was likely the driver of
70 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.
to a diverse range of property & legal expertise.
this jump in sales as residents relocated to these
52
51
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - estates. this jump in sales as residents relocated to these
60
56
60
56
56
56
50 45 51 51 52
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
estates.
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - estates. So if you have any property related questions please don’t
52
42
50 40
-
So if you have any property related questions please don’t
hesitate to pop me a Whatsapp on 083 309 0760
40 50 45 45 40 42 38 42 Beyond this 1 year spike, it’s consistent and So if you have any property related questions please don’t
Beyond this 1 year spike, it’s consistent and
40 40 38 38 Beyond this 1 year spike, it’s consistent and
40 approximately 50 properties are traded annually in hesitate to pop me a Whatsapp on 083 309 0760
or email on rob@remaxone.co.za
30 approximately 50 properties are traded annually in hesitate to pop me a Whatsapp on 083 309 0760
approximately 50 properties are traded annually in
30 Kyalami Estates (out of a total of 1021 properties). This or email on rob@remaxone.co.za
30 Kyalami Estates (out of a total of 1021 properties). This or email on rob@remaxone.co.za
20 Kyalami Estates (out of a total of 1021 properties). This
20 5% annual churn is certainly reflective of a healthy,
20 5% annual churn is certainly reflective of a healthy,
5% annual churn is certainly reflective of a healthy,
10 stable state of aairs in Kyalami Estates as it is not
10 stable state of aairs in Kyalami Estates as it is not
stable state of aairs in Kyalami Estates as it is not
10 uncommon for this figure to be around 10% in other
0 uncommon for this figure to be around 10% in other
0 ONE
uncommon for this figure to be around 10% in other
ONE
0 estates. estates. ONE
estates.
Kyalami Estates • CONNECT • Issue 3 • 2021 11