Out with 2012 – In with 2013

Well, the year 2012 that we have just waved goodbye to definitely indicated an upward trend in property movement here on the KZN Lower South Coast. There was a definite increase in the numbers of property inquiries and in fact a noticeably larger amount of properties sold in 2012, compared to the previous 5 or 6 years. The most properties being sold are generally up to the R1 million range, but there were also a few more expensive, luxury class of properties sold as well.  One prestigious property of note in Ramsgate, last year sold for the asking price of an astonishing R18,5 million, while many agencies doubted that the property would even fetch R15,0 million!

Investment Buyers

As always there are always property owners upgrading, downgrading or dis-investing,  but through the recent festive summer holiday season there was also a definite sign that investment buyers were again out looking for good property investments. It was noted however,  that many of these buyers were still looking to find the absolute bargains from “desperate” sellers. It is also clear at this time that investment buyers are not only cash buyers, which was mostly the case 3 to 5 years back, indicating that property investment buyers are recovering financially after the recent years’ “Global Economic Crisis”.

KZN Lower South Coast Popularity

The extremely busy recent Summer Holiday period (festive season) here on the KZN Lower South Coast, is a clear indicator that this location as both a residential and a holiday destination has not changed, but in fact is still increasing in popularity as the summer play ground not only for South Africans countrywide but for hoards of overseas regulars as well.

Breaking News! 31 July, 2012

South African Housing Minister Tokio Sexwali has just announced that he has “dissolved” the EAAB Board because they were running the show so badly. He is to place someone in charge to run the EAAB until a complete new board has been selected. He cited the “Wendy Mechanic” and two other major “property mismanagement debacles” as been a clear indicator that all was not well. He says he will discuss the way forward with all registered agents in September 2012.

South African War Veteran’s Special Pensions Registration!

Here is some reliable info from sources in the SANDF, regarding the Registering and Claiming for Veteran’s Military Pension.

A final meeting on the subject will be held in Pretoria on Friday morning 13th July 2012.

A new final date for Registering is 31st July 2012.

You will have to pass a means test in order to qualify.

If you do apply, it is strongly suggested that you join the South African Legion who can support you in your application.

Generally, the whole process is supposedly aimed at those who have disabilities (probably missing limbs etc) from their time in the armed forces, and are thus not able to earn a living. It is also said that if one did qualify one would only get a very nominal amount (maybe R150.00/month) because of the numbers of Veterans who are expected will apply.

Contact me via the Comment Box below and I will forward you the docs that I have.

Who would have thought 6 months could fly by so quickly, just the other day it was the December holidays and here it is already the end of June and the winter school holidays are upon us once more. Unfortunately at this time the weather here on the south coast is not as warm as it is in December, but because our coast is generally around 20 to 24 degrees Celcius for most of our winter, international tourists and inland visitors to our coast still brave swimming in the sea with a moderate average water temperature of 20 to 24 degrees. Most visitors to KZN south coast come from areas where winter temperatures are frequently in the low single figures throughout the winter, so our much warmer winters are a treat for holiday makers.

At this time of the year everyone is wondering when the sardines will arrive (the notorious KZN Sardine Run!). For those who don’t know of this event, it is a natural phenominon that only happens on our KZN east coast, nowhere else in the world does this occur and scientists are still to this day baffled as to where these small silver slippery creatures come from and also where they go to from here. However, the excitement caused by the huge shoals of these fish (when they do actually make an appearance because there is no guarantee that they will even arrive each year) is enough to take ones mind totally off the facts of their “coming” and “goings”. There is usually a frenzy, firstly by the gulls, gannets and the frenzy feeding sharks, as well as other large game fish species that follow the plentiful food source, and then also by us two legged creatures that just can’t get enough of the excitement of the prescense of the little fish and their boiling lively activity in the sea. One fact that is a certainty, is that the sea temperature close to shore needs to drop to 19 degrees celcius for these fish to come close to shore, or otherwise they will pass our coast line in very deep water out of sight, which often does happen and then we miss out on this spectacle. We would sometimes know about this by the vast amount of bird activity out at sea.

A small shoal could sometimes be around for an hour, whereas some larger shoals could keep fish mad humans busy for up to seven hours at a time. From a large shoal, seine netters will haul in many basket loads of these fish for commercial use, some of the other excited fish mad people will be people catching (in any way possible) for self consumption, while a large group would be fishermen catching as much as possible, to provide a bait source for the very active rock and surf angling here at the coast for the months ahead.

This frenzy of little fish season is normally followed by shad runs which can also come in varying sizes of shoals, causing a major stir with “rock and surf” line anglers. This larger species of fish can weigh up to five and more kilograms towards the end of the season, at the end of the year. There is a one month closed season (being November each year) for this species, as they are heavily fished because they are also a very popular food source fish caught every year.

We have a tourism Sardine Hot Line where one can call daily to get updates on the activities of the sardines throughout the winter season. A small aircraft regularly does a trip up and down the east coast, searching for and reporting back on the sardines and their whereabouts. The number to call is 083 913 7908, and you will be given a full report on the sardines. There have already been some shoals sighted but they have been way down down south of the Wild Coast. We are forever hopeful that the water remperature will get down to 19 degrees from the current 22 degrees temperature, and that the sardines will in fact arrive again this year. This does mean that the weather will also be a lot cooler for a while for that to happen, but what the heck, if you have witnessed the sardines before then you will know it is all worth the slight inconvenience.

I will place more on this Blog in the near future as the winter progresses and when sardines arrive, but until then if you can’t get here to the KZN South Coast then you can use the Sardine Hot Line and follow this blog, for more and the latest news.

BIKE AFRICA WEEK

This weekend, 27th to 30th April 2012, this is the weekend that Margate literally roars into life. This is the 3rd year that the Harley Davidson Club, sponsored by Jack Daniels, and enthusiasts are hosting their annual bike week in Margate. The previous years have proven to be great successes with each year attracting more bikers and crowds than the year before. This is an event to attract anyone with a liking for bikes and those with an eye for beauty in machinery design and exquisite paint finishes. Most bikes are uniquely customised indicating the owner’s personal tastes and designs.

The 4 day event is filled with events hosted on and around Margate Beach. A main grandstand on Margate Beach will be the place to witness fantastic live entertainment each day. Bike Week culminates in a mass bike ride on Sunday, when the majority of the bikes assemble at Shelly Center at approximately 10:00am and then procede to take part in a mass group ride from the Shelly shopping center to Port Shepstone and then back to Margate. Last year approximately 10,000 riders tookpart in the mass ride.

Harley owners have previously been in various age groups and women owners/riders are quite the rage as well.

Contact the writer/realtor at pat@tysonprop.co.za

“Communication Achieves Results” – LET’S TALK!

Easter 2012 on the Kwazulu Natal (KZN) South Coast has come and gone. Great weather contributed to all overseas tourists and inland visitors, having a ball! The polularity of our sunshine coast was clearly visible, based on the crowds on our beautiful beaches and also the hoards of shoppers in our major shopping malls.

It was quite clear that even as the world starts to see “the sunshine” following the extreme global financial crunch, having a holiday at the coast is still a very popular destination for those who can still afford a holiday.

Contact the writer/realtor at pat@tysonprop.co.za

“Communication Achieves Results” – LET’S TALK!

See the following photo’s of Shelly Beach Small Craft Harbour and our extremely popular beaches taken during the Easter holidays:

Shelly Boat Base

Shelly Boat Base

Shelly Boat Base

Shelly Boat Base

St Mikes Beach

St Mikes Beach

St Mikes Beach

Uvongo Beach

Uvongo Beach

Uvongo Beach

Lucienne Beach

Lucienne Beach

Margate Beach Front

Margate Beach Front
Margate Beach Front – another view!
Ramsgate Beach

Ramsgate Beach - also a popular beach for sun worshipers

Ramsgate Beach

The Global recession has severely affected property sales worldwide for the last 5 to 6 years.  Here at the Kwazulu Natal South Coast the property trends indicate that we are still very much in a “Buyer’s Market” and there are still a large number of properties available from which a potential property buyer can choose.  Compared to property inquiries and sales in 2011, the numbers of inquiries and sales in 2012 are still on the rise. This is indicative of the property market regaining confidence and property buyers are not only looking for permanent residential properties to upgrade or downgrade permanent residential sizes, but there are also again buyers looking for investment properties.

Regarding the latest banks/financial lending authorities feedback on the property market, their statistics show that the growth in sales from 2011 is continuing into 2012. They further suggest that 2012 should finally see the property market  recover to a degree of normality and stability, from the slump of the last 5 to 6 years. 

This recovery is largely due to the banks/financial lending authorities being more willing to grant loans today to property buyers, than they have been over the last 5  to 6 years. We are hopful that this new flurry of property buying at the KZN Hibiscus South Coast contiues!

 

Contact the writer/realtor at pat@tysonprop.co.za

“Communication Achieves Results” – LET’S TALK!

View our wide variety of properties  on our Tyson Properties Uvongo website. Also contact me at Tyson Properties in Uvongo and we can discuss what bargain properties we have listed. It must be remembered that as this year (2012) progresses, and property financing becomes easier, we may find that the frequency of finding good deals on properties may become less and less, and great priced properties could just be “a thing of the past”.

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