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Units under R1m in KZN's WaterfallWhile the average price of a home in Waterfall has risen to over R1 million, those with less spending power will shortly have an opportunity to become property owners in the lush suburb. By Ingrid SmitCapital gains tax in South Africa: What you need to know In South Africa, Capital Gains Tax (CGT) applies to the disposal of various types of assets, including immovable property.Overpricing your home? Here's how to spot the signsWhile it is possible to correct the mistake if the home is overpriced, the best strategy is to get the listing price right from the very start.