Kyalami Estates - Welcome home

Area history

Situated adjacent to the internationally known Kyalami Race Track, Kyalami Estates is one of the earliest developments that has been enclosed by a security wall and which enjoys 24-hour controlled access. The area provides a secure lifestyle to residents while combining the benefits of urban convenience with the serenity of a rural setting. The Zulu word Kyalami means my home and it’s easy to see why so many Johannesburg residents have chosen to make Kyalami Estates just that.

3 Bedroom House for sale in Kyalami Gardens

The excellent security and prime positioning of the area make it highly sought-after among property buyers. Kyalami Estates offers easy access to amenities such as shopping centres, medical and educational facilities and its positioning makes it equidistant from both the Johannesburg and Pretoria city centres, as well as being just 20 minutes away from OR Tambo International Airport.

Aside from its ideal location and exceptional security, residents have the added benefit of the many facilities within the area that cater to both adults and children making it especially conducive to family living.  There are 13 parks, six dams, squash and tennis courts, a volley ball court and playing fields which include a soccer field, cricket nets, basketball court and BMX track.

Area property information

Adrian Goslett, CEO of RE/MAX of Southern Africa, says that as the name suggests, Kyalami Estates property consists almost entirely of estates (98.45%) and only a small portion of freestanding homes (1.55%). He says that it is interesting to note that the largest group of recent buyers have been those between the ages of 18 and 35 years, pointing to the area’s popularity among up-and-coming executives and young family buyers. The second largest demographic of recent buyers are those aged between 36 and 49 years who account for 37.9% of recent buying activity, 57.56% of existing homeowners and 66.3% of recent sellers.

3 Bedroom Small Holding for sale in Kyalami

Goslett notes that according to Lightstone data, property prices remained fairly stable in the area between 2004 and 2006, however in 2007 prices saw a massive increase, climbing again in 2008. He notes that in 2011 prices dropped, although the dip was short-lived as prices showed recovery in 2012 and have seen record highs this year.

He says that in terms of property sales transactions, the volumes of sales in the area were relatively high between 2004 and 2007, dropping in 2008 and again in 2009. In 2010 the sales numbers saw massive improvement as consumer sentiment and the overall property market showed signs of recovery. Goslett says that while sales volumes are not at levels seen during the boom, the numbers of sales in the area continues to gain momentum.

Property price trends

Demand for property

Goslett says that around 45.5% of properties sold in Kyalami Estates between December 2012 and November 2013 were those priced between R1.5 million and R3 million, while 34.7% were priced above R3 million. He notes that 9.9% of properties sold during this period were priced between R400 000 and R800 000, around 9.1% were priced between R800 000 and R1.5 million and the remaining 0.8% were priced below R400 000.

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