At
the moment you can rent most Townhouses at about 60% of what the
bond repayment will cost you. If you are looking for rental
units in your area, use some of the big property web sites
in South Africa.
Depending
on your financial situation, it is not always such a good idea
to rent. Why not buy your own property. As I said, it depends
on your financial situation. If you can afford it is always better
to buy than to let.
Do
not only think of the monthly expenditure, also determine what
the capital growth on a property will be if you rather buy it.
A typical Townhouse or flat in the big cities will still appreciate
with at least 15% per annum. Take that into account when deciding
to buy or let.
The best place
to look for a rental units is at:
DigiProp.co.za
JustLetting
Private
Property
Property24.com