11 hours ago
- Business
- The South African
The best-run municipality in South Africa is a coastal dream
The office of the Auditor General of South Africa (AGSA) recently published its annual review of local municipalities, covering audit results for the 2023/24 financial year.
As reported by BusinessTech , this audit also revealed the best-run municipality in the country – with the West Coast walking away with the title.
The AGSA listed the 25 municipalities in the country that had achieved consecutive clean audits. Most of these municipalities are in the Western Cape, which accounts for 17, more than all the other provinces combined.
The West Coast District Municipality (WCDM), which stretches from the northern edge of the Cape Town Metropole to the border of the Northern Cape, was given the 'best-run' status out of 257 municipalities in South Africa.
This status has also drawn many property buyers to the region, with Pierre Germishuys, from Seeff West Coast, revealing that between 2021 and 2023, the West Coast experienced a property boom.
'Due to the high demand and boom in sales volumes, there was notable price growth over the five-year period from 2019 to 2024,' Germishuys told BusinessTech .
'The average property price in the broader West Coast and Swartland area rose from around R836,000 to R1.4 million – an increase of about 67%.' he also said.
Some popular towns for buyers include the coastal gems of Paternoster, Langebaan, Saldanha Bay, and Yzerfontein.
Let us know by leaving a comment below, or send a WhatsApp to 060 011 021 1
Subscribe to The South African website's newsletters and follow us on WhatsApp, Facebook, X and Bluesky for the latest news.
