Bring the family for an evening of fresh produce shopping, great food, craft beer and organic wines and enjoy funky Gypsy Jazz tunes from the incredible Manouche. This promises to be a great evening out!
To find out more, and stay up to date with event details, visit the Facebook event page.
When: Wednesday 17 February 2016. Market open: 3-8.30pm. Manouche live: 6pm-8pm.
Where: 333 Main Road, Tokai (where Builders Warehouse is)
Who to contact: Jacqui – firstname.lastname@example.org Earth Fair Market, Tokai is open every Wednesday from 3 – 8:30pm and every Saturday from 9 – 2pm. Visit www.earthfairmarket.co.za for more info.
Bruce Haywood and Lisa Rowell have joined forces!
Combining their specialist knowledge and a wealth of experience to bring both a fresh energy and their service driven benefits to Tokai where they are both residents.
Working from the prominent Chas Everitt Office on Tokai Road right opposite the Blue Route Mall, they are ideally positioned to attract walk in buyers. And with their fingers firmly on the pulse of community happenings via the many social media blogs they both co-sponsor, not to mention state of the property market intelligence, they justifiably claim specialist knowledge of the area and what’s happening with house sales.
Alongside the blogs, they also sponsor the Community Directory which is a Google search optimized directory of small businesses, owned and operated by residents of the Southern Suburbs. Give them a call for details for this FREE service.
Available ’24/7′ please do not hesitate to give Bruce and Lisa a call for any property related issue.
The Silvermine West section of the Table Mountain National Park has been reopened.
Closed since fires destroyed large areas of the Peninsula in March last year, this section of the park has been rebuilt.
Following the March fires, most of the Silvermine and Tokai section have been closed off to visitors for all activities in order for the sections ranger team to get to work on rehabilitation projects. This included footpath work, rebuilding of damaged structures, closure of illegal paths, law enforcement and monitoring of the affected areas.
Table Mountain National Park reopened Silvermine East in September while work at Silvermine West continued.
Work in this section included the rebuilding of all the boardwalks and walkways around the Silvermine Dam, down the popular River Walk as well as the viewing deck at Blackburn Ravine.
Original Source: Peoples Post
Tokai Property Snapshot – Sales and Trends for 2014 vs 2015
|Table of Comparison: 2014 vs 2015
|Total number of Sales
|Total Rand value
|Average Asking Price
|Average Selling Price
|Av negotiated down by buyers
|Average Days on Market
Steady and fairly consistent results again for the suburb of Tokai.
Although there were 9 fewer sales, the average selling price was up by about 7.97%.
Buyers only managed to negotiate an average of -5.28% off asking prices this year compared to -6.12% last year. Gone are the days of immediately knocking 10% off asking prices.
Days on market, typically driven by asking price, remained fairly similar at 39 and 31 respectively.
It’s interesting from an Estate Agent’s point of view to see the changing trends in buyer sources. Showhouses and Newspaper Advertising were King but stats tell the tale of their decline. Showhouses; only 11 in 2014 and a meagre 4 in 2015 yielded buyers. Newspaper Advertising; only 3 in 2014 and 2 in 2014. Security concerns and ever more pressure to make the most of off time can be ascribed as reasons for fewer Showhouses, and of course the exponential improvement in form and functionality of property web portals will definitely impact on the cost-effectiveness of Newspaper Adverts.
There’s no doubt that fascinating times lie ahead with the threat of further interest rate increases ever present. Real Estate activity will continue to be suppressed with pressure from banks keeping would-be first time homeowners in the rental market and with the continuing low stock situation, would-be sellers have little choice to tempt them into new investment.
Whatever lies ahead you can rely on our Tokai area specialist, Lisa Rowell, to be at your call for any property related advice.
With another round of municipal valuations on the cards in 2016, Lisa Rowell – 082 844 0800 will be more than happy to provide free, no obligation and confidential evaluation so you can see what your home might be worth in today’s market.
(All figures sourced from Propstats for the suburbs of Tokai and The Hamlets, excluding Sectional Title and Lifestyle Estates.)
Attention Tokai homeowners and house hunters! Last week’s news about the interest rate hike came as a bit of a surprise to a majority of the experts and commentators. Herewith the implications in a nutshell:
- Prime has gone from 9.5% to 9.75%.
- Existing homeowners with bonds: an increase of about R17 a month per R100 000 of their bond value – or R131 on a bond of R800 000 (the average bond value in SA according to BetterLife Home Loans).
- Prospective first-time buyers: household income requirement for the average first-time loan will rise by some R350 a month now to around R19 420.
- Banks’ lending criteria: will tighten further on net surplus income to ensure leeway for debt repayment in the face of increasing costs of food, medical and utility costs, and the installments on cars, credit cards and other debts.
- Affect on the real estate market: buying activity may start to slow down somewhat now, especially among first-time buyers who are the most credit dependent.
What should you do? Save for a bigger cash deposit which will assist loan qualification and also help to reduce home loan installments.
Get pre-qualified! Look at your finances in the cold light of day so you know what you can afford before you fall in love with a new home.
Steenberg Estate offers luxurious, exclusive living for its homeowners. One of the best places in Cape Town to own property, a home on this Estate is a wise investment, and provides superlative living.
With 24-hour security, homeowners enjoy complete peace of mind as they experience the Estate’s features, including one of the best 18-hole golf courses in South Africa, fine dining options and picturesque scenery.
This three bedroom home embraces sunlight with two sunrooms. One has views of the golf course and the other leads out onto the pool. Read more about this Steenberg Golf Estate property for sale
Contact Sally Gracie on 083 459 3523 or Barbie Mark on 083 778 6644 for further queries.
Showhouse is this Sunday, 29 November 2015 from 2pm – 5pm.
Please join the Volunteer Wildfire Services for a fun-filled family day as they demonstrate their firefighting skills and raise awareness about wildfires.
Date: 29 November 2015
Time: 9am – 4pm
Venue: Chrysalis Academy, Tokai
The highlights of the day will include:
– Firefighting Displays
– Fire Truck Rides
– Snake Display
– Tunnel Maze
– Abseil Wall
– Foam Party
– Indoor Exhibitions
– Outdoor Exhibitions
– Food Stalls (very tasty food)
– Merchandise on sale
They will only be accepting payments in cash and through Snapscan. There will not be an ATM on site, so please bring cash along or register on Snapscan by downloading the app via www.snapscan.co.za.
Don’t forget to pre-register your children on their website http://goo.gl/forms/sdzX1YBqo0 to fast track the process on the day. Registration of your children will be compulsory to allow them to partake in the various activities on the day.
A big thank you to everyone in our community who has commented on the story we ran on Michelle, who sells biscuits at the M3 / Tokai off-ramp (Medi Cross side) to help support her family. Michelle has informed Lisa that so many more people smile at or acknowledge her, and that biscuit sales have gone up too – a positive outcome for which she has been so grateful.
Michelle spoke about another project she undertakes at this time of year, “Christmas for her family”. All that it involves is trying to find old toys or clothes that she can fix up as presents for her children – Dawid 17, Bradley 14, Abigale 7, Lenita 5 and Ziva 2. If anyone within our community has anything that you are clearing out and have a moment, please pass them on to her – she will be so happy.
It’s time for you, your family and your furry best friend to get active at the Wiggle Waggle Walkathon!
Date: 15 November 2015
Venue: Cape Academy of Mathematics, Firgrove Way Constantia
Join the Cape of Good Hope SPCA for their 22nd annual dog walkathon. It is a fantastic day out for the entire family with spot prizes, giveaways, food stalls, pet orientated product stalls and amazing entertainment.
R45 per person/R40 per dog
(R50 per person/R45 per dog if you enter on the day)
Children in prams – no charge
Please arrive early (registration opens 07h00) and be sure to bring a copy of your email receipt as proof of payment.
Register at http://www.spca-ct.co.za/event.asp or on Webtickets: https://www.webtickets.co.za/event.aspx?itemid=1458410590
Tokai Property Snapshot – 3rd Quarter 2014 vs 2015:
There is not a huge difference in property statistics but interesting nonetheless. There were 11 sales for a total of R37,340,000 in 2014 and 13 sales for a total of R48,305,000 in 2015. So the extra two sales brought in nearly R11 million more, quite a high average, but not reflecting reality. The average sale price for 2014 was R3,183,636 – buyers having negotiated an average of -5.65% off the asking price, whilst in 2015 it is R3,499,615, dropping an average of -5.32% off asking prices.
Average days on market also fairly similar at 14 days last year and 18 this year. A recent article on Property24 states: “The slowing economy is starting to bite into the residential property market with sales and transfers dropping 7.1% in the third quarter of 2015 compared to the previous quarter.” Obviously the writer is analysing stats for the whole of South Africa so it is understandable that the microcosm of Tokai would not look the same.
However it has to be said that in spite of this apparent decline, all things property are still looking pretty rosy in our neck of the woods.
Are you interested to know what your house is worth in today’s market? Call Lisa Rowell on
082 844 0800 for a hassle-free, no strings, confidential evaluation and find out.
|Tokai Property Snapshot – 3rd Quarter 2014 vs 2015
|Total number of sales
|Total value of sales
|Average selling price
|Average difference in ssking price
|Average days on the market
|(Source: Propstats, Tokai only – excl Lifestyle Estates and Zwaanswyk)