The South African towns where you can buy land for under R100 000

Your goal is to become a property owner; sometimes that means being creative to achieve it. The towns where you can buy land for under R100 000 could be the answer.

Exploring small towns and townships makes it easier to get onto the property ladder.

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How to Buy Land for Under R100 000

There are very few assets you can buy for less than R100 000. The cheapest new car in South Africa costs R179 000, and even that isn’t considered an asset because it doesn’t appreciate.

Land offers an alternative path to real estate ownership and wealth creation, especially if you approach it with a plan.

Typically, lenders don’t offer home loans for land. But that shouldn’t disqualify you from property ownership. You can get a personal loan, an unrestricted line of credit, or savings so you can pay in cash.

Being a cash buyer gives you greater control. You’re in a position to negotiate with the current owner, which can lead to getting the land even cheaper.

Remember, the listing price is only a guideline. Don’t be pressured to pay that amount. Instead, offer the owner 70% to 90% of their listing price.

Towns where you can buy land under R100k

Gauteng is the only province that doesn’t have land available for under R100 000. But you can still buy land in the surrounding provinces. There are a handful of small towns within a two-hour drive from Johannesburg, where you can buy land for less than a year’s salary.

Johannesburg

TownDriving DistanceZamdela, Free State1 hour 12 minutesVredefort, Free State1 hour 27 minutesOranjeville, Free State1 hour 34 minutesCornelia, Free State1 hour 46 minutes

Pretoria

TownDriving DistanceKwaguqa, Mpumalanga1 hour 11 minutesPullens Hope, Mpumalanga1 hour 56 minutesRietkuil, Mpumalanga2 hoursLaersdrif, Limpopo2 hours 33 minutesDullstroom, Mpumalanga2 hour 34 minutesDitholo Wildlife Estate, Limpopo3 hours

Cape Town

TownDriving DistanceKlawer, Western Cape3 hour 9 minutesDe Hoop, Western Cape4 hours 37 minutesLoeriesfontein, Northern Cape4 hours 46 minutes

Durban

TownDriving DistanceWelbedacht, KwaZulu-Natal30 minutesUmgababa, KwaZulu-Natal30 minutesLovu, KwaZulu-Natal30 minutesAdams Mission, KwaZulu-Natal33 minutesMtwalume, KwaZulu-Natal1 hourPort Dunford, KwaZulu-Natal1 hour 40 minutesLeisure Bay, KwaZulu-Natal1 hour 47 minutes

Pietermaritzburg

TownDriving DistanceEdendale, KwaZulu-Natal19 minutesUnderberg, KwaZulu-Natal1 hour 47 minutes

Bloemfontein

TownDriving DistanceHobhouse, Free State1 hour 23 minutesSpringfontein, Free State1 hour 35 minutesJacobsdal, Free State1 hour 44 minutesBethulie, Free State1 hour 59 minutesVenterstad, Eastern Cape2 hours 29 minutesNoupoort, Northern Cape3 hours

Other Towns

Nearest CityTownDriving DistanceRustenburgDerby, North West39 minutesRustenburgSwartruggens, North West44 minutesRustenburgBrits Rural, North West1 hourRustenburgZeerust, North West1 hour 32 minutesPolokwaneMankweng, Limpopo32 minutesPolokwaneGa-Mokaba, Limpopo1 hour 11 minutesPolokwaneTswinga, Limpopo2 hours 34 minutesPolokwaneSheshego, Limpopo15 minutesKimberleyWarrenton, Northern Cape53 minutesGqerberhaWillowmore, Eastern Cape2 hours 45 minutes

Deciding where to buy land

Don’t let the price persuade you. Finding a place for R60 000 can seem appealing at first. But if your goal is to build wealth and get an asset, you need to be strategic. Whenever making a big purchase, think about who would buy it after you.

Decide what you will be building on the land. Would you want to rent the home you build on the land or use it as a holiday home? Do you intend to use it as a family home and move away from the city? Have a plan about what you intend to do and how much it will cost to achieve that.

Apply for a building loan. There’s always the risk of squatting when you’re buying land in an area you don’t intend to make your permanent residence. To reduce that risk (and get value from your land), plan to build as soon as you can afford it. Banks offer building loans for this purpose.  

Always choose an area with potential. South Africa has thousands of small towns, some with more potential than others. As larger cities become more unaffordable for the working class, people move to smaller towns. This increases demand for housing and land.

There are early signs that a town could encounter a property boom. Usually, neighbouring towns will have experienced one of the following:

• Developments within 30km
• Expansion of shopping districts
• Industry building

Avoid towns with population decline. Likewise, if a town has experienced a loss of industry, an ageing population, and has abandoned buildings and businesses, that’s a sign the town can’t be revived through your purchase.

You may never see yourself living in a small town on the outskirts of a major city. Thankfully, becoming a property owner doesn’t mean you have to live there.

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