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High demand for Winelands properties (close to Cape Town) between R2m and R4m Cape Winelands towns are seeing high demand as young buyers are taking advantage of lower interest rates. Rural lifestyle homes in WellingtonIs the Winelands lifestyle calling to you? Wellington offers this and much more, with sectional title apartments selling for R400k to R600k.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%.