INDUSTRY OVERVIEW
Residential Community Industry
STATISTICS and SURVEY RESULTS
With over 56,000 sectional title developments and over 3000 homeowners associations in South Africa , the residential community industry has been , and will continue to be an extremely powerful industry for the foreseeable future .
ARC conducted their annual survey earlier this year :
Monthly levies Full population
R10,000.00 R8,000.00 R6,000.00 R4,000.00 R2,000.00
R-
R2,056.03
2016 / 17 2017 / 18
R2,239.18
MAX MIN AVERAGE
Residents of ARC member estates pay an average of R2,239.18 each month in levies . This is an 8.91 % increase from 2016 / 17 .
R10,000.00 R8,000.00
PROVINCIAL COMPARISON - MONTHLY LEVIES
R6,000.00 |
|
|
|
|
R4,000.00
R2,000.00
|
R1,768.69 R2,033.35 R1,971.84 R2,085.52 |
R2,688.53 |
R2,995.69 |
R-
Eastern Cape |
Free State & KZN Gauteng |
Limpopo & |
|
|
Mpumalanga |
North West & Northern Cape
Western C ape
Max Min Average
Breaking it down into a provincial comparison shows that Western Cape members charge the highest monthly levies of R2,995.69 on average and the Eastern Cape members charge the lowest monthly levies of R1,768.69 on average .
R10,000.00
SIZE COMPARISON - MONTHLY LEVIES
R8,000.00
R6,000.00
R4,670.00
R4,000.00
R2,000.00
R2,367.17 R2,021.45 R2,031.75 R2,339.04 R1,947.27
R- Small Small-Medium Medium Medium-Large Large Extra Large
Max Min Average
Breaking it down into an estate size comparison shows that members with a smaller number of erven charge the highest monthly levies of R4,670.00 on average and the members with a larger number of erven charge the lowest monthly levies of R1,947.27 on average .
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