Bulawayo property values surge

 Property values across Bulawayo have significantly increased following the completion of the city's new General Valuation Roll, which was certified and signed by Mayor David Coltart on 2 July 2025.

The roll, used for rating purposes, considers both land and improvements on properties, unlike previous assessments that focused mainly on land value.

According to the new figures, a house in Queens Park East has risen from US$35,000 to US$40,000, Burnside properties from US$115,000 to US$150,000, and homes in Khumalo and Woodlands from US$100,000 to US$130,000.
In high-density suburbs, Luveve and Emganwini homes climbed from US$17,500 to US$27,500, Nketa houses from US$12,500 to US$17,500, and Cowdray Park properties from US$12,500 to US$22,500.

However, some areas such as Makokoba and Iminyela recorded decreases after residents argued that previous valuations had been too high for smaller, one-roomed properties.

Bulawayo City Council spokesperson Bongiwe Ngwenya said the new valuation roll provides a more comprehensive assessment based on land size and property improvements. She clarified that although the roll takes effect in January 2026, the current budget will not yet reflect these new values to cushion ratepayers from sudden increases.

"The council has adopted a standstill budget to moderate the impact," said Ngwenya, adding that the revision ensures "a fairer reflection of current market conditions across the city."