South Africa
November 2022

PayProp Rental Index Q3 2022 – Average rent passes R8 000 for first time

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In Q3 of 2022, we see an ongoing recovery and record-high rents despite rising inflation.

While rent arrears increased during the COVID-19 pandemic, they're now back to normal. However, there have been some uneven provincial performances under the strong national statistics.

We're also excited to share the latest article by Michelle Dickens, our new Deputy CEO, on how migration affects provincial rental markets.

As we all know, the rising cost of living has been putting immense pressure on tenants' ability to pay rent. We share 6 strategies to keep your rental portfolio healthy in even the toughest economic conditions.

Finally, we spend some time with Jawitz Western Seaboard, who have grown their portfolio from just two rental properties to more than 40 since signing up with PayProp in 2021.

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Interested in hearing more about their stories? Here are a few more of our client videos.

Carrie Alliston, Hunters
Ximena Davidson, East Vista Management
David Summerton, Harcourts Summerton
Dave Votta, Votta Sales & Lettings
Pascual Candia, Venecan Property Management
Chris Lesky, PADRentals
Robert Budd, New Forest Rentals
Mark Shanta, Shanta Residential
Paul Stevens, Just Property
Ellie Bell-Jenks, Dourish & Day
Shannon Lesky, PADRentals
Charlie Green, Hunters

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