Market

Hartbeespoort Dam is an attractive destination for leisure seekers from Johannesburg and Pretoria who want to invest in holiday homes as weekend getaways and for a growing number of rural-urban commuters seeking a more secured country existence. “The North West Province” is the top performer, showing the highest real rate of Gross Geographic Product (GGP) growth, measuring 5,4% during 1999/2000.” (DRI-WEFA 2000 Regional Focus). Hartbeespoort Dam’s total sales turnover for residential properties increased from R171.2 million in 1999 to a staggering R1.13billion in 2004. The property market in Hartbeespoort Dam caters for all tastes and budgets. The first time buyer can still buy a property for R350 000 in the older suburbs or a new cluster home inside a new development from R550 000. Properties in the secured exclusive estates such as Pecanwood Golf Estate, Kosmos, Kosmos Ridge, Westlake Country & Safari Estate, Xanadu Eco Estate and Birdwood Estate can cost anything between R1.4 and R16.5 million. There are also ample empty stands available in these secured estates with prices ranging between R300 000 and R2 million. Many new full title cluster and townhouse complexes are currently being developed, providing excellent investment opportunities for investors seeking to purchase and rent out to the ever-growing, unsaturated rental market.

Engel & Völkers

Hartbeespoort Dam
Shop 18A, Village Mall, c/o R511 & Magalies Blvd, Schoemansville
0216 Hartbeespoort Dam
South Africa
Phone
+27 (0)12 0300 300

To the shop



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