In September 2007 a 1 bed apartment in the Rockwell had an asking price of R1 520 000.
2 1/2 years later a 1 bed apartment in the Rockwell has an asking price of R1 550 000.
I bet that R30 000 in capital appreciation really takes the sting off the R300 000+ in bond payments.
Original Post on Cape Town Property Bubble: The Rockwell: You Just Lost A Lot of Money
