This article may contain graphic and/or adult content unsuitable for minors and sensitive readers.
Nelson Mandela Bay has had the highest average property rates increase of over 11% over the past four to five years, according to a recent survey by Rates Watch in partnership with the University of Pretoria.
Property rates in the metro were increased by 13% for the current 2014/15 financial year.
The report shows that medium-term growth in property rates in the eight metropolitan regions ranged from 4% to in excess of 11%.
After Nelson Mandela Bay, Mangaung had the second highest average increase of 10.97%, followed by Tshwane (10.75%).
In terms of the multi-year budget for Nelson Mandela Bay as contained in the Integrated Development Plan, property rates will increase by 12% in 2015/16, by 11% in 2016/17 and by 10% in the following two years.
