select
|

RE/MAX opens its doors in Vanderbijlpark

The Vanderbijlpark area is earmarked for phenomenal growth over the next few years due to housing expansions and other business ventures in the region, says Peter Bester, Broker/Owner of the newly opened RE/MAX Finest office. 



RE/MAX Finest, which opened its doors on 1 March this year, will service the needs of property buyers and sellers in Vanderbijlpark and the surrounding areas.
 
“The decision was made to open the franchise because we realised that the Vaal Triangle is hungry for an international real estate brand that will deliver the professional image and service that the people are looking for. Currently there are a number of family-run real estate brands in the area, however we aim to provide buyers and sellers the opportunity to work with an agency that has a worldwide presence and access to an international network,” says Bester. “A major shopping centre opened in the area five years ago with all the leading brands such as Woolworths, Edgars, Game, Spur and Wimpy. This has added to the area’s allure and boosted property sales. After conducting several surveys regarding the area’s demographics, we found that there is massive buying power and excellent potential for growth in the region.”
 
He notes that currently there are numerous new housing developments that have made their way onto the market.  “An estimated 3000 new homes are currently being built in the area to cater to SASOL and ISCOR employees who are relocating as they now form part of the global company ArcelorMittal. With the steel industry very much a part of the region’s history and around 60% of the town’s workforce employed by the factories in the area, industrial growth has a direct impact on the housing market in Vanderbijlpark. Other business sectors have also seen growth over the last few years, which have added to the demand for property in the area,” says Bester. “We have also seen many other student and family buyers relocating to the area because of the North West University. The Emerald Casino and Resort has also been highlighted by some buyers as a draw card to the area.”
 
According to Bester the R59 corridor has expanded in the last few years beyond expectation, which has created a trend of people who work in Johannesburg considering Vanderbijlpark as their next investment option. “A large number of the recent buyers we have seen work in the greater Johannesburg area but commute back and forth to their homes in Vanderbijlpark. This is due to that fact that the area offers more affordable housing as well as a friendly country lifestyle with all the amenities,” he adds.
 
Bester says that the property market is buoyant and prices are very affordable when compared to other regions offering similar features. He notes that buyers can find flats in the centre of town priced from around R350 000, while larger family homes are priced from approximately R750 000 upwards to around R3.5 million. “There are properties in Vanderbijlpark that suit all types of buyers across the board of all income brackets. The property market here caters for buyers from all walks of life,” adds Bester.
 
Adrian Goslett, CEO of RE/MAX of Southern Africa, says that while property prices in the area may have slowed slightly in 2008, Vanderbijlpark’s property market has continued to grow and produce excellent results over the past five years. He notes that while homes are currently still within the affordable range, they continue to see growth.
 
“We want to provide a professional service to all of our potential new clients and add value to the area where possible,” Bester concludes.

Find properties for sale in Vanderbijlpark


  Comment on this Article

  Please login to post comments

Post to my facebook wall
  
2000
Characters remaining


    Latest Property News
    • 18 Jun 2018
      Many home sellers are motivated to appoint estate agents because they know that the agency will carry the costs of advertising and marketing their property.
    • 18 Jun 2018
      When a property is sold when it has a tenant in occupation, the questions often raised are: “What happens to the tenant if the landlord sells the property?”, and what rights the tenant will have with regards to cancelling the lease or enforcing it, says Sunell Afrika, rentals manager for SAProperty.com.
    • 18 Jun 2018
      Sellers are often caught off-guard by the expenses incurred in the selling of a property. Just like there is no such thing as a free lunch, there is also no such thing as selling your property without incurring at least some costs.
    • 15 Jun 2018
      The second quarter of 2018 has proven to be the turning point for Midrand’s real estate market, especially the upper end which started to waver towards the end of a tumultuous 2017 with a notable drop in both sales and average selling prices.
    • 15 Jun 2018
      According to data recently released by FNB, the average age of a South African home buyer has increased from 38 to 44 this year. In an attempt to help first-time buyers enter the market sooner, Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, walks us through the steps of saving for your first home.
    • 15 Jun 2018
      Putting your house on the market can be a stressful process. There are so many decisions to make that will impact how quickly your house is sold and for how much you can sell it for. It’s a serious money game where you can’t afford to make the wrong decision.
    • 14 Jun 2018
      The word tourist describes someone who is visiting South Africa for a limited time and is probably not going to buy a property here – so why is the tourism industry so important to the real estate sector?
    • 14 Jun 2018
      Serengeti Estates has entrenched its status as one of Johannesburg’s most desirable addresses for a spectrum of homeowners with its launch of The Signature Residences, a new cluster village.
        
    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