With prime lending and interest rates decreasing, plenty of properties on the market and some competitive prices, here is a look at the 10 hottest, in demand suburbs in Pretoria to guide you in finding your ideal home.
The Reeds has a great balance of freehold and sectional title properties. There are currently 4724 residential properties in The Reeds with 248 in the market for sale. The average selling price is R1 388 000. The Reeds is at the heart of Centurion with easy access to the N1 & N14 freeways. It is near Uitsig High ((http://www.hs-uitsig.co.za/en/contact-us) & Uitsig Primary schools (http://www.uitsig-primary.co.za/)and boasts the Panorama Golf Range (https://mobile.facebook.com/PanoramaGolfRange/) with a restaurant where you can watch live sport, enjoy live entertainment and they offer delicious food and drinks.
Valhalla is a well-established suburb and very up and coming in the property industry. It offers fantastic value for first time buyers. There are 2208 residential properties, 102 on the market and the average selling price is R1 304 000. Valhalla is central between Pretoria and Johannesburg with easy access to highways. It has numerous amenities such as hospitals, churches, schools and shopping centers. Valhalla offers a peaceful and quiet lifestyle but also has the infrastructure of any proper city or town.
Established in 2003, Midstream is a sought-after residential estate that offers a secure village lifestyle in the heart of Gauteng. There are 6282 properties in Midstream, 854 on the market and the average selling price is R3 350 000. Midstream has two shopping centres, a primary and a high school, and restaurants. Midstream is very well located with easy access to the N1, N14 and R21. Residents can also travel effortlessly to OR Tambo International (https://ortambo-airport.com/index.html) and Gautrain stations (https://www.gautrain.co.za/).
Faerie Glen is a central suburban hub and offers a wide variety of amenities and good infrastructure. Even though you get the suburban city atmosphere, you are surrounded by beautiful trees, parks and nature reserves. There are 7585 properties in Faerie Glen, 509 on the market and the average selling price is R1 615 000. It is close to main travel routes like the N1 and N4, has easy access to great schools, has fantastic restaurants, shopping complexes and is close to popular malls and top medical institutes.
Menlo Park is a rich and well-established eastern suburb. In the last few years, it has also seen amazing growth with numerous developments of residential and commercial properties. There is a total of 1529 properties in Menlo Park with 166 currently in the market with an average selling price of R2 058 000. Menlo Park has a great community and suburban culture with good schools, nice restaurants, cafes, as well as quality upmarket and modern homes. If you are looking to upscale in a fantastic family friendly suburb, then Menlo Park can be the ideal location.
Garsfontein is a very sought-after neighbourhood with massive demand due to its location and pleasant suburban atmosphere. There are 5877 properties in Garsfontein, 265 on the market with an average selling price of R1 394 000. Garsfontein Primary (http://www.laerskoolgarsies.co.za/) and High School (https://www.garsies.co.za/) offer a great option for parents because of their outstanding academic and sports track record. Located close to major shopping centres and it features a great family park with water slides and playground. A wide variety of well-priced properties for buyers in any price bracket.
Doornpoort is also a very family orientated suburb with spacious and good quality homes. The suburb also offers great value for first time buyers as well as families looking to upscale. There are 3958 properties in Doornpoort, 469 on the market and the average selling price is R1 055 000. It is a well-established area with easy access to multiple shopping centres, private hospitals, schools, and highways. The climate on the northern side of the Magaliesberg mountain is very pleasant and scenic.
Montana Park is very well located and has a fantastic mix of the classic “picket fence” freeholds, upmarket and secure sectional title units and estate living. There are 3038 properties in Montana park, 328 on the market and the average selling price is R1 579 000. It offers a great upscaling option as well as an abundance of great townhouses and apartments in secure complexes. This is also a popular retirement choice for many pensioners with several top Retirement Villages in the area which offer all the necessary facilities.
A wonderful suburb located right in the middle of Pretoria East and North. Waverley offers great value for money and has well established and good quality homes. Almost 60% of the properties in Waverley are freeholds, which makes this a very family orientated suburb. There are 2630 properties, 89 on the market and the average selling price is R1 442 000. Easily accessible from the N1 and N4, quality shopping centres and access to good schools.
Rietfontein is a very well-established suburb in the central part of Pretoria. A very popular and high demand area because of its location and affordable homes. There are 2897 properties in Rietfontein, 151 on the market and an average selling price of R971 000. This suburb has a good infrastructure with several schools in the area, hospitals and clinics, shopping centres and restaurants. A great option for buyers looking for great value and a centralized location.
Leadhome Pretoria currently has 424 properties on the market, with a wide variety of freehold and sectional title homes, that cater for every single buyer including first time buyers, upscaling families, downscaling buyers, retirement options and investors.
For more information visit our website at www.leadhome.co.za or give us a call on 012 940 1970.
For expert advice, contact Charles Smith, who has many years of real estate experience and is well-versed about and knowledgeable on properties in Pretoria: (https://www.leadhome.co.za/estate-agents/charles-smith).