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House price growth in Durban's KloofKloof located 25 km from the Durban city centre has seen steady property price growth since 2003 with freehold homes averaging R1.729m in 2012. A key factor to consider when buying sectional title property - complex management When you buy into a sectional title scheme, you’re not just buying a property, you’re also buying into a community that is governed and maintained by a body corporate and if the entity is mismanaged, it can affect not only your quality of life but also the value of your property.Expectations for another interest rate cut in November On 21 November 2024, the Monetary Policy Committee will deliver their decision regarding the interest rate. With South Africa's inflation easing and global central banks cautiously beginning rate cuts, the overall sentiment is that there is likely to be a further cut of around 0.25%.