select
|

Vibrant property market in Bethlehem

The town of Bethlehem in the Eastern Free State is maturing into a city and its property prices are showing steady appreciation as it attracts scores of new residents.
 
That’s the word from Hans Fick, the Chas Everitt International Notebook© licensee in Bethlehem, who says:“This is a fast-expanding town with a good mix of professionals like doctors and lawyers, and people providing services to the agricultural and commercial sectors.


This large family home in the suburb of Eureka in Bethlehem is on sale for R5,75m. It has four bedrooms, three bathrooms, three living rooms, kitchen with separate scullery and laundry, two studies, a separate guest suite, wine cellar, snooker room and staff quarters.
 
“The property market here has always been lively, and prices are in keeping with the sustained demand, but there is still excellent value to be found, especially in the older suburbs like Morelig, where you can still buy a large home on a large stand for R900 000. You can get a lot of house for very little money in Bethlehem central too.”
 
He says the cold winter climate, fresh air and stress-free lifestyle are some of the advantages of living in the Eastern Free State, but that Bethlehem also boasts some of the best schools and a sporting culture that puts them on the national stage.
 
“Voortrekker Hoërskool is one of the top10 schools in SA in terms of academic performance. Witteberg Secondary School is also excellent academically and on the sports field, whilethe TruidaKestell and Jordaniaprimary schools affor an excellent foundation.”
 
Bethlehem residents also enjoy upmarket entertainment and shopping facilities at the Frontier Inn Casino and Dihlabengand Metropolitan malls, Fick says, which have also brought more jobs to the town. “And of course the restaurants and recreation facilities of Clarensare close by.”
 
Turning to property prices, he says there is something to suit just about every pocket in Bethlehem, with prices in Bohlokong starting at around R250 000 and ultra-modern mansions in the exclusive Eureka area reaching as much as R5,8m. He warns, though, that buyers in the former township of Bohlokongmust make sure that there is an official plan of the house certified by the municipality, as many homes there were not built according to plan.
 
Meanwhile Bethlehem is increasingly also a favourite among retirees,Fick says, and the town boasts two retirement villages and several sectional title developments to meet the demand from such buyers, although freehold homes are the norm.
 
“Homes in Panorama, which was developed in the early 1960s,are priced at between R1,3mand R4m, while Jordania’s large homes with big rooms are priced at between R1m and R3,3m. In Bethlehem’s most recently developed suburb, La Provence, there are contemporary freehold homes available for between R1,2m and R4m and in the popular sectional title complex Die Dorpshuis, the average price is now in the upper R2-millions.”


  Comment on this Article

  Please login to post comments

Post to my facebook wall
  
2000
Characters remaining


    Latest Property News
    • 20 Feb 2018
      Owning a home is a milestone that most South Africans aspire to. Becoming a homeowner is a step towards growing personal wealth and owning an asset that appreciates in value over time, provided of course that the correct principles are applied during the buying stage of the process, says Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa.
    • 20 Feb 2018
      The suburb of Greenstone in Johannesburg east came to be over the last two decades. “In the beginning, it was literally just a hill with not so much as a shopping centre,” says Michael Levy, Property Consultant at Jawitz Properties Bedfordview. Today it has plenty shopping facilities and is fully built, boasting high-density, upmarket housing and residential estates, though still has a few pockets poised for commercial development.
    • 20 Feb 2018
      A major shift in the ageing paradigm has precipitated an equally dramatic transformation in the retirement sector, with modern accommodation options worlds away from the conventional model.
    • 19 Feb 2018
      Possibly one of the biggest sources of contention between landlords and tenants surrounds the rental deposit. “Most tenants rely on getting their rental deposits back when moving, so that they can use it to pay a deposit on their new home. Having it withheld or even having large amounts deducted can lead to a lot of distress,” explains Bruce Swain, CEO of Leapfrog Property Group.
    • 19 Feb 2018
      Situated approximately halfway between Johannesburg and Pretoria, Midrand was established in 1981 and forms part of the City of Johannesburg Metropolitan Municipality. It has become one of the major business hubs in the country with major pharmaceutical, textile, telecommunication and motoring giants situated within its boundaries.
    • 19 Feb 2018
      The PayProp Rental Index Annual Review of 2017 shows that the rental market suffered from much volatility during the year. It kicked off with rental growth spiking in January with weighted year-on-year growth (YoY) growth peaking at 8.3% before dropping to 6.34% in July, dipping down to less than 5% in November and then experiencing a slight uptick at 5.75% in December.
    • 19 Feb 2018
      While most homes in cluster complexes, estates and other gated communities come with at least one garage or carport, residents would often like additional permanent parking or storage areas for things like trailers, bikes, boats and caravans.
    • 16 Feb 2018
      Whether you own a property in a sectional title complex or are looking to invest in one, the financial standing of the body corporate is the single most important thing that can affect your investment or your buying decision.
        
    X
    Subscribe to the MyProperty Newsletter

    Name  
    Last Name  
    Email Address  
    Email Frequency
    select
    X
    Share this Page

       
    For Sale Property
    Rental Property
    More Options
    About
    Connect with us
    FEEDBACK