Families flock to homes near Garsfontein schools

Parents with school-going children are currently the mainstay of the residential property market in the Pretoria suburbs of Garsfontein and Faerie Glen, which boast some of the city’s best schools.

This three-bedroom, two-bathroom family home in Garsfontein is for sale through RealNet for R1,685m. It also has three spacious living areas, kitchen with separate laundry, an entertainment lapa, a double garage and an alarm system. It is located just 1km from Garsfontein primary school and 2,4km from Garsfontein high school.

That’s the word from Gerda van der Linde, owner of the local RealNet franchise, who says that parents are increasingly trying to buy homes close to the schools they would like their children to attend – which in these areas include the Garsfontein primary and high schools, Glenstantia primary, The Glen high school and Doxa Deo.

“In addition, these areas are now attracting many buyers keen to live close to the new office and retail developments in the burgeoning Menlyn commercial hub and the Menlyn Maine integrated lifestyle development.”

Construction in this development, which will ultimately be a complete live-work-and-play precinct like Melrose Arch or Century City, currently includes seven new office blocks and several big brand stores. An entertainment complex with a casino and a five-star hotel is also in the pipeline.

Meanwhile, Van der Linde says, safety and security has been made a top priority by residents of Faerie-Glen and Garsfontein, and three different security services co-operate with regard to patrols and crime prevention. RealNet Faerie Glen-Garsfontein is also involved in the highly efficient neighbourhood watch.

Prices for family homes in Faerie Glen range from around R1,4m for a comfortable duet to just under R7m for a luxury executive property, while those in Garsfontein start at around R1,3m and range upward to around R3m.

According to property data company Lightstone, the average sale price of the freehold properties that have been transferred in Faerie Glen over the past three months is R1,944m, and the average sale price this year to date is R1,9m, compared to R1,7m last year.

In Garsfontein, the Lightstone figures show that the average sale price of the freehold properties that have been transferred over the past three months is R1,5m, but that the average sale price this year to date is R1,54m, compared to R1,46m last year.

Turning to sellers, Van der Linde says they should ensure that they have approved house plans in hand before they put their properties on the market, as these are increasingly requested by buyers. “It can take quite a while to get plans approved so if you don’t have these documents, your sale could be seriously delayed.

“In addition, we would also like to encourage sellers to make sure that any agent they deal with has a current Fidelity Fund Certificate and is thus operating legally. “

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