11/03/2026
The 2026 Budget Speech delivered some genuinely good news for the property market 🏠
Whether you’re thinking of buying your first home, upgrading, or finally selling; here’s what changed and why it matters to you:
🔶 CGT Primary Residence Exclusion up to R3 Million
The first R3M of profit on your home sale is now completely tax-free (up from R2M). This exclusion hadn’t moved since 2012, and the increase could save you up to R180,000.
🔶 CGT Deceased Estate Exclusion up to R440 000
This has been increased from R300 000 meaning more of your family home's value passes to your loved ones, not SARS
🔶CGT Annual Exclusion up to R50 000
R10,000 more in annual profit from asset sales (including property) that's capital gains tax free in your pocket
🔶 Zero Transfer Duty under R1.21M
First-time buyers and entry-level purchasers still pay no transfer duty on properties under R1,210,000
🔶 More Take-Home pay
Income tax brackets are inflation-adjusted for the first time in two years, improving what buyers can qualify for on a home loan
🔶 Interest rates at multi-year lows
With prime at 10.25% and repo rate cut at 6.75%, it's the most buyer friendly rate it's been in years.
If you’ve been sitting on the fence about making a property move, 2026 may be the year to act.
Reach out to us directly for honest advice and support along the way
