Investors who want a substantial share of the investment property market should focus on the lower end of the sector.
Experts agree that properties above R1,5m offer little capital growth and extremely low yields, while properties below R500 000 hold the best value.
"The growth opportunities at the lower end of the market are huge," reckoned Allister Long, MD of property services consultancy, Powerhouse.
Demand for housing is outweighing supply and this will keep the market exceptionally buoyant, he explained.
Read more at MoneyWeb.co.za
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