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Pretoria buyers trek North for good value and wide open spaces

When it comes to property in Pretoria, the North is the new East, says Derick Grobbelaar, owner of the Harcourts Zambezi franchise serving the huge area north of the Magaliesburg.
 
“Pretoria’s eastern suburbs have reached their urban boundaries and increasing traffic congestion in those areas is prompting more and more buyers to head north now for homes which offer good value as well as a great location,” he says.“We are experiencing extremely strong demand from first-time buyers and from repeat buyers in the 35 to 55 age group.”


This four-bedroom, four-bathroom home in the Pebble Rock Golf Village north of Pretoria is for sale through Harcourts for R4,44m. It also boasts five living areas, a home theatre, gourmet kitchen with separate scullery and pantry, a gym, staff quarters, a pool and four garages.
 
The highest demand at the moment is for properties in the R600 000 to R1,5m range, and there are a number of new developments coming on stream to satisfy this demand. “For example,the Stenostelma development in Annlin offers two, three and four-bedroom sectional title homes at prices from around R665 000 to around R950 000.”
 
“There are 142 homes in this complex and all have their own yards, a double garage and two bathrooms.The complex is close to shopping malls, schools, a police station and the Montana Hospital, and has a comprehensive security system with controlled access.”
 
Grobbelaar says that while the city’s northern suburbs offer many spacious suburban properties, there is definitely a trend now towards sectional title living and estates as buyers favour higher security, shared resources and the sense of community enjoyed in many gated developments.
 
“And there are many lifestyle estates here where buyers can indulge their preference for country living just 25km from the Pretoria CBD. Pebble Rock Golf Village, for example, is a 20-minute drive from the Gautrain station in Hatfield, but falls within the boundaries of the Dinokeng Game Reserve project where the Big Five roam free on 200 000ha of bushveld.”
 
The average price of a home on this estate, he notes, is R2,14m, which is the type of value for money that is attracting many young families to the area. Indeed, according to property data company Lightstone, more than a third of recent buyers at Pebble Rock are under-35.
 
The story is the same next door at the more upmarket Sable Hills Waterfront Estate, which offers residents access to watersports on the Roodeplaat dam, a private boating club, an Olympic-size swimming pool and free-ranging giraffe and small game. Here the average price of a home is R3,79m – and some 38% of recent buyers are under-35.
 
Meanwhile, for those with a penchant for panoramic views and more to spend, the suburb of Magalieskruin offers five and six-bedroom mountainside mansions at prices from around R3,5m to R5,5m.


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