The Wealth Creation Specialists

At IGrow Investments, we assist South African Property Investors at every stage by identifying and acquiring high-performing properties that provide above-average rental income and capital growth yields. We believe our clients deserve to be financially independent, which means building wealth through your own accomplished property portfolio.

Bonding People to Properties

Our expertly-trained team of specialists are available to assist you with pre and/or refinancing applications. They will ensure that your application has the best chance of success by procuring the right bond for you, saving time and energy while ensuring peace of mind.

Leverage Your Wealth

IGrow Trusts is dedicated to helping you discover financial freedom. Our team specialises in property investments, asset protection and estate planning, by implementing trusts as well as corporate and commercial structures. Receive optimised tax benefits, wealth creation and risk mitigation.

Making Your Investment Profitable

At IGrow Rentals, we take away all the hassle and give you rental profits. We conduct credit checks, draw up leases and conduct inspections before entering a new tenant into your property. We also conduct rent collections on your behalf so you can rest assured that each month your rent will be collected in full.

Accounting You Can Trust

As with any business, proper bookkeeping and accounting is of the utmost importance. This is especially true for trusts. Our professional trust accountant will manage your books to ensure that you are fully compliant with SARS regulations, and will also provide a full annual review of your accounts to ensure that everything is running smoothly.

Growing Property. Growing People.

IGrow Real Estate is committed to building value for our investors. Through an extensive network of property developers and secondary market agents, we connect land and development companies with unmet demand from our global pool of investors. Our mission is to create wealth for our clients through prospects identified and vetted by our team of experienced and dedicated investment strategists.

Live Webinar:
BlackBrick Development Launch
7 July @ 18:30PM

. Rental market begins to stabilise

The national rental growth rate remains stable for now, despite being under pressure through the first quarter of 2021.

PayProp Rental Index

This is according to the latest PayProp Q2 2021 rental index, which recorded year-on-year rental of 0.4% in Q2 of 2021.

“The Q2 growth figure was slightly lower than the 0.5% measured in the previous quarter,” said Johette Smuts, head of data analytics at PayProp South Africa.

“And while indications are that growth has nonetheless stabilised, we don’t expect any significant market recovery soon as the country’s economic recovery continues to be muted,” she elaborated.

This is a view shared by our rentals manager Karen Grobler. She believes it will take between two and three years for the rental market to recover from the Covid-19 pandemic.

“I believe that we have seen the worst effects on the rental market at this stage. I have seen stability return to the market however I have not seen much of a notable improvement in rental prices at this stage,” Grobler said.

National rental income

The report also recorded the national monthly rent at R7 778, a marginal R32 increase from the R7 746 in Q2 2020.

For Grobler, this marginal increase was not surprising given the effects Covid-19 has had on the rental market. She highlighted that rental increases should be made with careful consideration during the pandemic.

However, she stated that the rental market should start seeing, albeit gradual, increases at the end of 2022.

“At this stage when dealing with rental increases you need to look at what the market is doing and adjust accordingly,” Grobler said.

Employment, interest rates and the rental market

In addition, there are two factors which have put national rent under pressure. These are rising unemployment and record low interest rates according to the report.

“As a result [of these factors], year-on-year rental growth dipped below zero in April before recovering to 0.7% and 0.8% in May and June,” said Smuts.

Rental growth

Quarterly rental growth took a dive last year when the national lockdown was announced. In 2021 it has stabalised in the short term. SOURCE: PayProp South Africa.

Sean Johnston, general manager of portfolio and planning, explained that these factors could both relieve some pressure on rental growth for the short-term.

“As the economy recovers from the global pandemic, the unemployment percentage should start to decline. More businesses are now able to fully operate and import and export,” he explained.

Resultantly, lower unemployment figures will lead to higher rental growth as more people earn an income to pay their rent.

“In regards to the interest rate, the prime lending rate was reduced to prevent the South African economy from going into further recession,” he started.

“The interest rate, however, will not stay the same forever. As the economy recovers and the South Africa Reserve Bank (SARB) will eventually increase the repo rate.”

“This will mean tenants will not be able to afford to purchase a primary residence. In addition, the costs of levies and rates also need to be factored in over and above the higher interest. The quality of the tenants will not be a factor over the medium to long term.”

Tenants in arrears

In Q2 2021, the report estimates that one in five tenants in South Africa are behind in their monthly rent. In contrast, one in four tenants in Q2 2020 were estimated to be in arrears.

Smuts was not surprised by this statistic. She explained that many tenants should be better placed to recover from the financial impact of the lockdown.

Tenants in arrears

The number of tenants in arrears is now beginning to drop back to pre-pandemic levels. SOURCE: PayProp South Africa.

Moreover, Grobler argued that in order for the number of tenants in arrears to drop further, landlords should create a more affordable marketplace.

“People are still being tripped up by no salary increases, job losses,  and reduced working hours. This leads to reduced pay, large medical bills and so on. If we keep the rentals at affordable rates we will have fewer defaults,” she explained.


If you are looking for a team of professionals to handle your rental management during this turbulent economic period, the visit IGrow Rentals. Managed by Grobler, our team will help you find, vet, and manage your high-quality tenant for your property portfolio. Click here to find out more.

Want to learn more about property investing?

We've helped thousands of new investors achieve financial freedom

Buy for 13-18% below market value
Exclusive investment properties available for cash purchasers

Cash Investors Only

To get on to our exclusive VIP investors list, please accept the following if true.