News & Advice Trending

Although it is the smallest province, Gauteng is home to more than a quarter of all South Africans. The province is the economic hub of the country and therefore is seen as the heart that’s keeping the country going. Being the financial hub of SA, Gauteng sees enormous growth year on year, and following this growth, the infrastructure has also seen great improvement, making commuting and access to amenities much easier.

The remains of historic buildings that were built during the gold rush in 1886, can still be found in abundance in the area, making it rich with culture. One of the areas which benefit greatly from this is the West Rand, with world heritage sites and historical landmarks. Engel & Völkers recently opened their West Rand shop and owners, Clive van Ryneveld and Regan van Heerden are both excited about the prospects that the area will bring. “Our area has an abundance of attractions such as the Silver Star Casino, Clear Water Mall and the Walter Sisulu botanical gardens. Developers are gearing up to start building again and an increase in activity and prices are expected sooner rather than later”, stated Clive. “Property developments start at approximately R700 000 and developments such as Featherbrooke Estate and Eagle Canyon currently sell in excess of R20 million”, Regan added.

Just east from the West Rand lies the sought-after areas of Bryanston, Broadacres and Fourways. These areas have long seen major developments, as more and more people find it the preferred areas to stay in. Some of the biggest attractions include Monte Casino, the well-renowned Coca-Cola Dome, as well as the newly built Nicolway Shopping Centre. Engel & Völkers recently opened a shop it this prestigious centre, following the opening of the previous shop in Broadacres. “Both Broadacres and Bryanston has some of the finest real estate in the country. Homes in Bryanston can range anything from R2 million up to R50 million, and we have recently seen an increase in the market, especially in this area”, says Lara Machado, Team Leader of Engel & Völkers Bryanston. “Broadacres also has a very large variety when it comes to its property selection, with townhouses selling from around R600 000 and more sought-after properties for around R20 million – R30 million”, Debra Campbell, Licence Partner of Engel & Völkers Broadacres, added.

Gauteng truly does have a mixed bag of properties and areas to choose from. Another area, completely different than the previous mentioned, is Bedfordview, which lies to the Eastern side of Johannesburg. “Bedfordview is an older, more established area with great private schools and amenities in abundance. The average starting price for an older home is around R3 million, however there are also many properties in the R15 million to R25 million price bracket. We have found that people buying in the area usually stay in the same property for about 15 years,” comments Sharon Cox, Team Leader of Engel & Völkers Bedfordview. The Bedfordview shop opened their doors in 2010, and they have recently seen the opening of their second, satellite, shop in the thriving Greenstone area in Stoneridge Mall.

Midway from Johannesburg to Pretoria, you will find Centurion, a favourite area to those wanting to live in Pretoria but work in Johannesburg as it has easy access to all the major highways and the Gautrain. “Property in Centurion are incredibly varied, ranging from townhouses to luxurious properties in Midstream, Blue Valley and Centurion Golf Estates, where prices range from R2 million up to R6 million” stated Wendy Williams, Licence Partner of Engel & Völkers Centurion. “The market has definitely seen an uptake since last year and we are already noticing an increase in the number of first time buyers entering the property market, which we are pleased to say are well versed on their needs”, Wendy added.

With the development that Gauteng has seen over the last couple of years, Centurion is now almost bordering on Pretoria’s Eastern Suburbs, which is divided into the Old- and New East. The Old East consists of Groenkloof, Lukasrand, Waterkloof, Waterkloof Ridge, Brooklyn and Lynnwood. Waterkloof, an area which is home to some of the most spectacular properties in Pretoria offers great views, massive guest houses and the Waterkloof Country Club are some of the area’s prominent features. “Properties in Waterkloof range anywhere between R2 million up to R55 million, but the average price for a full title home would be around the R2 million – R5 million mark. Some properties are used as guest houses and embassies which makes for great investments” stated Corlia Gouws, Office Assistant of Engel & Völkers Waterkloof.

The New East borders the Old East and stretches as far as Equestria. The upper part includes suburbs such as Faerie Glen, Garsfontein, Woodhill and Mooikloof. “Properties in these beautiful suburbs range from flats, security complexes and free-standing homes, to magnificent properties in prestigious golf estates. All areas have easy access to the N4 and N1 highways, and attractions on your doorstep such as Woodlands Boulevard and a variety of excellent restaurants, conference centres and a top class medical facility, Pretoria East Hospital” says Edda Davidson, Licence Partner of Engel & Völkers Faerie Glen. The lower part covers Silver Lakes, Wapadrand and Equestria, areas which have seen massive development in the past 5 years. “These areas has such a vast selection to choose from, golf estate living, security villages, retirement villages, small holdings and smaller town houses – the area has it all”, says Ettiene Pretorius, Licence Partner of Engel & Völkers Silver Lakes. The area also has easy access to the N4, The Grove Shopping Centre and Wilgers Hospital. “Property prices are difficult to ring fence as a small townhouse could sell at R600 000 and a small holding or equestrian farm sells for up to R40 million. We have seen an influx in younger generation buyers due to the amount of new developments which are taking place. One of the new developments which we are excited about is the new Chamberlain’s Centre, which is also where we plan to open our first shop in July 2012 ”, Ettiene concluded.

Taking all of this into consideration, it really does not matter what your preference, you are sure to find your dream home in Gauteng. So when considering a relocation or even a pure investment, why not give one of the Engel & Völkers shops a call for assistance in finding that dream home.

Jacques Erasmus

Engel & Völkers Southern Africa

Leave a Reply

Promising Residential Market Despite Recession
10 Questions To Ask The Real Estate Agent During a Show House
Neglecting Home Maintenance Will Damage Sale Price
5 Reasons You Should Work With a Real Estate Agent
5 Financial Tips To Stay Afloat As a First-Time Homeowner
3 Helpful Tips For a Stress-Free Moving Day
Demand For Rental Properties Rising Due To Low Confidence Levels
4 Must-Read Questions About Your Property’s Perimeter
4 Clear Signs It’s Time To Sell Your Home
Which Are The Pitfalls Of Using Multiple Agents?
4 Things Agents Consider When Setting The Asking Price
The Ideal Estate Agent
Repo Rate Cut: Encouraging News For Home Buyers
Is Now The Right Time To Upgrade To a Bigger, Better Home?
Why Creditworthiness Is Just As Important For Tenants
6 Defects To Watch Out For When Buying Property
10 Questions To Ask The Real Estate Agent During a Show House
4 Ways An Offer To Purchase Can Lapse
First-Time Home Buyer? How To Avoid Tax And Get Up To 44% More Space
Is Now The Right Time To Upgrade To a Bigger, Better Home?
Is Investing In Property During The Recession Still A Good Idea?
28 Important Questions To Ask When Buying Property
3 Most Annoying Things About Buying A Home (And How To Avoid Them!)
House Hunting: How To Get Over The One That Got Away
Factors To Consider When Letting Out Property
7 Deadly Sins to Avoid When Investing in Property
4 Hot Tips For Investing In Student Accommodation
Is Property an Asset or Expense?
Property Buyers Value Lifestyle Over Value-Growth Prospects
How Older Buyers Show The Power Of Home Equity
8 Tips On Selling an Empty House
Neglecting Home Maintenance Will Damage Sale Price
The Do’s And Dont’s of Selling Your Home
4 Clear Signs It’s Time To Sell Your Home
Which Are The Pitfalls Of Using Multiple Agents?
4 Things Agents Consider When Setting The Asking Price
Top Tips For Selling Your Home in Winter
5 Easy Ways to Sell Your Home FAST!
Unrealistic Expectations Can Sour Relations With Agents
Cut Your Price and Get The Jump on Other Homesellers
Unrealistic Seller Expectations Contribute To Declining Sales
Key Aspects And Features That Sell Homes
Lightstone predicts a buyer’s market for 2017
House Won’t Sell? Here’s What You’re Doing Wrong!
Factors that determine property value
#SmartHomes: The No.1 Tenant Amenity Today Is Wi-Fi
Demand For Rental Properties Rising Due To Low Confidence Levels
What About Pet Ownership In Sectional Title Schemes?
Why Creditworthiness Is Just As Important For Tenants
Factors To Consider When Letting Out Property
New Landlords Need Experienced Agents
The Perils of Rising Consumer Debt For Landlords
First-Time Tenant? What You Need To Know
Average residential rental values on the increase
Is It Possible To Terminate A Lease Agreement Without Recourse?
New Generation Digs Now On The Rise
When Is Your Rent Due?
Gauteng Property Rental Market Forecasts Growth
Keeping Track of Parking On Common Property
How And When To Legally Evict Tenants
3 Helpful Tips For a Stress-Free Moving Day
Divorcing And Need To Sell? 3 Possible Options
5 Mistakes To Avoid When Relocating
7 Tips For Packing And Moving Quickly
Moving? Things To Think About!
Maximising Small Spaces
7 Tips To Help Your Children To Adapt To The Move
What To Do With Your Home When You Have To Relocate
Moving With Pets Can Be Tricky
Estate Agent Moving Tips
Telltale Signs You Need A New Home
Seven Signs You Need A New Nest
Über Wealthy On The Increase And On The Move
5 Financial Tips To Stay Afloat As a First-Time Homeowner
First-Time Home Buyer? How To Avoid Tax And Get Up To 44% More Space
Repo Rate Cut: Encouraging News For Home Buyers
Is Investing In Property During The Recession Still A Good Idea?
4 Hot Tips For Investing In Student Accommodation
Make Your Bond Work For You
Energy-Saving Tips For Your Home This Winter
Costs To Consider When Investing In Property
Smaller Properties Yield Great Investments
8 Myths Preventing People From Real Estate Investing
Own Fixed Property? You Need a Will!
Tax Tips for Landlords – What You Need To Know
The Perfect Investment Property
St Francis Bay’s housing market attracting top dollar
Factors that determine property value
5 Reasons You Should Work With a Real Estate Agent
Is Hosting Your Property On Airbnb Legal?
How To Protect Your Commercial Property Investment
Commercial property still important asset class for private buyers
Know The Risks Before Building Airbnb Castles In The Sky
Green Buildings Catching On In South Africa
Digital Disruption And The South African Commercial Real Estate Market
Can You Run A Business From A Sectional Title Home?
What’s Driving Change In The Commercial Property Sector?
5 Ways Commercial Property Space Planning Can Save You Money
Investing In Commercial Property an Attractive Option
3 Obvious Signs That It’s Time For Office Relocation
3 Things You Need To Know Before Buying Vacant Land
Price Correction In Commercial Property Market
South Africa: Evolution of Industrial Properties