Pretoria

Centurion


Area Overview:

Centurion is the gateway for all commercial activities between Johannesburg and Pretoria.Properties in Centurion are mostly residential with a good infrastructure of retail, office and light industrial properties to cater to the needs of the residents. The Gautrain station is in the heart of Centurion, - residents can rely less on motor vehicles and more on public transport.

 

Area Trends and Activity:

Many large companies have decided to locate their Head Office or large satellite offices to Centurion due to affordable housing and easy access. Such companies include Outsurance, Daimler Chysler, Momentum, Discovery and Telkom to name a few.There are many restaurants and places of interest, which include Irene Dairy Farm, Red Barn, Smuts House & Museum. The famous Irene Market is held once a month which attracts visitors from far and wide. Southdowns shopping centre holds an evening market on the last Thursday of each month, which includes live music and artisan food.

Average Property Value:

Property prices in Centurion range from an average of R850 000 for townhouses to R 5million plus on exclusive lifestyle estates.

Pretoria Old East

Area Overview:

Brooklyn is one of eastern Pretoria's prime areas. It is a city within a city catering for all its resident's needs. The two upmarket malls, Brooklyn Mall and Brooklyn square, are surrounded by the beauty of the treed suburb. Brooklyn is popular with shoppers, visitors, business people and students studying at the close by University of Pretoria, not to mention most of the top schools. It is a cosmopolitan area with many multi-ethnic restaurants making it popular as a night life destination as well.

Area Trends and Activity:

The bulk o fprimary residents are mature to middle aged homeowners, with more and more young families moving in to the area because of the close proximity of good schools.Rental properties are in high demand but stock is low making it ideal for investors as it will guarantee a return. There is a growing need for student accommodation in this area.

Average Property Value:

Full title properties within the residential suburbs are based on average around the R3-4million margin (3 bedroomed) whilst sectional title properties average betweenR 2-3 million. Currently homes range in price from R 2,6 to around R 4,5million, with the highest price ever achieved coming in at R 12 million.According to Lightstone, the median price of full title property has increased by around 6% in the past year, while sectional title units median price has increased by 11%.

Pretoria New East

Area Overview:

When living in the Pretoria New East, you don't have to travel far to experience all that the east of Pretoria has to offer. From the top vibrant restaurants and markets, to the most popular shopping centres; some of the best golf courses and nature reserves. Walking and biking trails, mountain views, lakes, dams and natural areas with over 140 bird species and game such as Kudu, Njala,Springbok and Impala. Not forgetting the hidden gems in the serenity of the scenic and natural environment while enjoying the amenities of a metropole with top private schools, hospitals and entertainment facilities while also having the freedom of access to major highways and routes. Pretoria New East spans an area between the N4 and R21 highway, east of the Moreleta Spruit.

Area Trends and Activity:

The area offers a home for every budget, ranging from apartments, townhouses, to family homes, retirement villages, security estates, expansive mountainside living with breathtaking views, and small holdings. Whether a first time buyer, or a family looking at established suburbs such as Die Wilgers, Wapadrand, Murrayfield, Faerie Glen, Garsfontein, Moreleta Park and Elardus Park. The area also caters for those looking for security within a top estate such as Silver Lakes Golf Estate, Lombardy Estate, Six Fountains Estate, Silver Wood Country Estate, Boardwalk Meander Estate, Blue Water Creek Estate, Woodhill Golf Estate, The Wilds and many more for every individual need. In addition for those who really desire freedom and space, a number of small holdings of 5haplus are also in the mix.

Average Property Value:

Sectional title properties such as flats or stack simplexes can range between R650 000 toR800 000.  Townhouses and clusters for young families start from R850 000 to R1,65 million. Full title homes average between R1,7 million to R3 million whilst estate living starts at R2,5 to R5 million and higher. Small holdings of 5ha plus can sell from R2,5 million to R5 million upwards.

Licence Partner Contact

Engel & Völkers South Africa

Shop 6B, Centurion Lifestyle Centre, 80 Old Johannesburg Road, Centurion,South Africa | 0157 South Africa
South Africa
Fax
+270 86 656 90 28

Engel & Völkers South Africa

Shop 6B, Centurion Lifestyle Centre, 80 Old Johannesburg Road, Centurion,South Africa | 0157 South Africa
South Africa
Phone
+270 11 929 30 96
Fax
+270 86 656 90 28

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