Good-sized family homes and access to good schools and amenities are usually a priority for family buyers, according to estate agents from the Seeff Property Group.
The choice of suburbs and family homes and access to good schools, universities and tertiary institutions are big drivers of the demand. Residents also enjoy access to excellent amenities with many people able to live and work in the area. The upside for buyers, is that price growth has been minimal over the last two years which offers an unprecedented opportunity for buyers to find good value in the market, says Butler.
Caroline Nixon, an estate agent with Seeff Sandton says estates have become a top choice for families looking for good security, a better quality lifestyle, and access to good schools. Dainfern Golf Estate, Helderfontein Estate and Fourways Gardens are good investments for family buyers. Fourways Gardens is another popular estate with families and golfers, and also offers older houses ideal for renovation, priced on average around R5.5m. The nearby suburb of Beverley with an average price of R3.5moffers smaller estates and complexes, again with excellent potential for family buyers and access to schools such as Crawford College.
Bedfordview is more suited to upper income family buyers with a choice of luxury homes in the R3m to R5m price bands. There are also super luxury homes, priced upwards of R10 to around R40m the top end.
Source: Real Estate Daily Report (realestatedailyreport.net)
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