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Wakefields Hillcrest Newsletter
Feb 2026
From my desk to yours...
Hi Subscriber,

South Africa’s 2026 Budget brings measured but meaningful relief for the property sector. Increased Capital Gains Tax exclusions, including a higher primary residence threshold, reduce the tax impact on property sales and estate planning, offering greater flexibility to homeowners and improved return potential for investors.

At the same time, stronger revenue collection has allowed government to withdraw proposed tax increases and keep VAT and corporate tax unchanged, helping to protect consumer spending power and business confidence.

While not a dramatic shift, Budget 2026 reinforces stability and creates a more supportive environment for sustained property market recovery.

Myles Wakefield | CEO
Wakefields Real Estate
Chairman's Choice
R5,995,000
residential
Gorgeous in Glamourous Greenvale!
ON SHOW BY APPOINTMENT ONLY, Please contact the listing agent to schedule a private viewing. This extraordinary Beverly-Hills-styled three story, 5 bedroom, 4...
residential
R1,300,000
1 Bedroom Townhouse Sold in Hillcrest Central  
residential
R2,250,000
4 Bedroom House For Sale in Waterfall  
One of Our Own
Agent of the month
Travis Petterson
Premier Property Practitioner
Registered with PPRA (FFC 1216109)
064 019 2561
ARE YOU READY?
Wakefields is opening the doors to multiple properties across KZN in one powerful showcase. Whether you're house-hunting, investing or just exploring what’s on the market, this is your chance to view a range of homes in one go. Don’t miss it!
Latest News
KwaZulu Natal Property Market
COASTAL REGIONS LEAD THE WAY
South Africa’s coastal provinces are emerging as clear frontrunners in the housing market recovery, and KwaZulu-Natal...
Advice
SMALLER DEPOSITS ARE TRENDING | BUT SAVING STILL MATTERS
One of the most interesting shifts in 2025? Deposits are getting smaller.
General News
FIRST-TIME BUYERS ARE BACK!
After several cautious years, first-time buyers are making a comeback.
Residential Property News
INVESTORS PREFER SECTIONAL TITLE
While freestanding homes saw stronger price growth in 2025 (+4.0% vs +2.7% for sectional title), investors are clearly favouring sectional title properties.
Know your neighbourhood
Sundays at Crinkly
🎉 Sundays at Crinkly with Wakefields Hillcrest! 🎉There’s no better way to spend your Sundays than at the Crinkly Bottom Market — a local favourite bursting with charm, community, and creativity! 🌼Join Jess and Charlene from Wakefields...
On Show This Weekend
36 Shongweni Road
R5,995,000
Gorgeous in Glamourous Greenvale!
ON SHOW BY APPOINTMENT ONLY, Please contact the listing agent to schedule a private viewing. This extraordinary...
residential
R1,995,000
Camperdown
residential
R5,400,000
Phezulu
residential
R9,750,000
Bothas Hill
residential
R3,999,000
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residential
R5,250,000
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residential
R16,000,000
Hillcrest Park
residential
R2,850,000
Phezulu
residential
R850,000
Crestholme
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R15,000,000
Waterfall
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