Mon May 06 2024 12:00:11 GMT+0000 (Coordinated Universal Time)

1,542 Properties for sale in Pinetown listings are price checked

Listings from 4321property.com, adsafrica.co.za and 18 more

Living in Pinetown: A Quick Guide to the Real Estate Market & Neighborhoods
Market status in Pinetown
Our catalog on Ananzi.co.za offers a comprehensive overview of the real estate sales market status in Pinetown (Durban, South Africa), showcasing the latest trends and offerings. The city features various dwelling types, with House leading with an average price of R 1.6 million ZAR, an average size of 506 m², and representing 60.8% of listings. Apartment follow with an average price of R 1.6 million ZAR, an average size of 506 m², and 26.4% of listings. Townhouse make up 10.2% of listings, with an average price of R 1.3 million ZAR and an average size of 299 m².
Nearby cities for commuters
Exploring alternatives to Pinetown unveils Durban, Umhlanga, and Pietermaritzburg, each promising a unique mix of proximity and more affordable living compared to Pinetown. Durban, a short hop from Pinetown, is notable for its lower average real estate price of R 2.9 million ZAR. The commute in Durban is diverse, featuring a 21 km, 22-minute trip by car, and a 21 km, 40-minute journey by public transport. Umhlanga, nestled 29 km away by car from Pinetown, showcases homes at an inviting average price of R 5 million ZAR. Connectivity flourishes in Umhlanga with a 29 km, 60-minute ride via public transport, and a 29 km, 96-minute trip by bike. Lastly, Pietermaritzburg, offering a captivating average property price of R 2 million ZAR, lies just 67 km from Pinetown by car. The commuting scene in Pietermaritzburg is versatile, with a 67 km, 236-minute commute via bike, and a 67 km, 72-minute route by public transport. Each Pinetown alternative enriches the quest for those looking to stay close to Pinetown while finding a home that suits their budget and lifestyle needs, complete with varied commuting options to ensure easy access to and from Pinetown.
FAQ
What are the property taxes in Pinetown and are there any other ongoing costs I should consider?
In Pinetown, property taxes depend on the valuation of the property. A general rate is applied, calculated annually. As of 2023, expect utilities (like water, electricity) and community levies for certain areas. For an exact property tax rate, check the eThekwini Municipality's website. Also, consider maintenance, insurance, and security services as other ongoing costs.
What types of upfront costs and fees will I have to pay when purchasing a property in Pinetown?
When purchasing property in Pinetown, you'll incur several upfront costs including the property purchase price, transfer duties (unless buying a new development), attorney fees for transfer and bond registration, and potentially a bond initiation fee. The exact amounts depend on the property price, with transfer duty starting at properties above R 1,000,000.$3 ZAR Please consult sars.gov.za for current rates.
How does the Pinetown property market compare to ther regions in the South Africa?
Property prices in Pinetown, a city in Durban, South Africa, reveal an interesting market when compared to Johannesburg and Cape Town. As of the latest data, the average house price in Pinetown stands at approximately RR 1 500 000 ZAR, noticeably lower than Cape Town’s average of RR 3 000 000 ZAR but slightly above Johannesburg’s RR 1 200 000 ZAR. This highlights Pinetown's position as a moderately priced market within the country's diverse property landscape - a mid-point offering affordability alongside urban convenience. (property24.com for current listings and numbeo.com for cost of living comparisons)
How competitive is the Pinetown property market?
The property market in Pinetown, a part of the Greater Durban area in South Africa, is relatively competitive with average house prices ranging around RR 1 200 000 ZAR. A notable spike in demand for both residential and commercial properties has been observed, driven by Pinetown's strategic location and improved infrastructure. With a variety of properties available, from apartments at around RR 700 000 ZAR to more luxurious homes reaching up to RR 3 000 000 ZAR, the market caters to a wide range of buyers and investors. For more detailed information, interested individuals can visit property listing platforms like property24.com and privateproperty.co.za for updates and specific listings in Pinetown.
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