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Wakefields Berea Newsletter
Mar 2026
From my desk to yours...
Hi Subscriber,

As we settle into 2026, the property market continues to show resilience. The South African Reserve Bank’s decision to keep interest rates unchanged was widely anticipated, offering a sense of stability for buyers and sellers. In this edition, we take a closer look at what this means for the market and how it may influence your property decisions.

We are also pleased to introduce a new feature, Spotlight on the Suburbs, where we will explore different areas across KwaZulu-Natal each month. We begin with the Upper Highway area, a region that continues to attract strong demand thanks to its lifestyle appeal, excellent schools, and diverse property options.

This newsletter also unpacks an important topic for buyers: the difference between what you may qualify for, what the bank will approve, and what you can truly afford. Alongside this, we share practical advice for sellers on the key elements buyers notice in the first moments of a viewing, and how to make a lasting impression.

We hope these insights help you navigate the market with confidence.

Myles Wakefield | CEO
Wakefields Real Estate
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Latest News
General News
INTEREST RATES HOLD STEADY, WHAT THIS MEANS FOR THE PROPERTY MARKET
The South African Reserve Bank has elected to keep the repo rate unchanged at 6.75%, with the prime lending rate...
Advice
AFFORDABILITY V ELIGIBILITY
What You Can Afford vs What the Bank Will Approve
KwaZulu Natal Property Market
WHAT BUYERS NOTICE IN THE FIRST 30 SECONDS OF A VIEWING
You never get a second chance to make a first impression, especially in real estate.
KwaZulu Natal Property Market
SPOTLIGHT ON THE SUBURBS: UPPER HIGHWAY MARKET UPDATE
The Upper Highway area is currently experiencing strong demand, particularly for sectional title properties in the R2 million price range.
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