Vacant Land Residential For Sale In Northam

Create vibrant community living steps from Thabazimbi's bushveld and amenities on 258.18ha within the urban edge, ideal for masterplanned development with development-ready zoning.

± 258 Ha Land within Urban Edge

Fall within the Urban Edge and is designated for Urban Development in the Development proposal of the integrated spatial Development framework of the Thabazimbi Municipality.

Property history

Listed for sale at R115,000,000

06 Apr 2022

Smart Property Insights

MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties

Based on 40 listings in Northam Central

Insight

Priced above the median for similar land listings in the area. On a price-per-land-m² basis, it is 93% below the median. Land size is 667032% larger than typical for similar land.

Based on 40 active similar listings — Strong confidence

Similar properties pricing

This landR 115,000,000Above range

R 250,000R250kP25

R 250,000R250kMedian

R 285,000R285kP75

R 250,000R250kP25

R 250,000R250kMedian

R 285,000R285kP75

Key differences

Price per m²93% belowGood value

This landR 45/m²

Area medianR 668/m²

Based on 40 listings

Land size667032% aboveLarge at a premium

This land2581800 m²

Typical size387 m²

Based on 40 listings

Affordability

R 1,128,890 / month

Estimated bond repayment

20 years · 10.25% · 0% deposit

Recalculate

Market depth

40 similar listings

High similar land inventory in Northam Central

Median time on market: 1380 days

Some listings may be stale.

Northam Central Insights

* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0

Area Overview

Northam Central offers a close-knit community atmosphere with convenient access to essential services and local businesses, making it a practical and comfortable place to settle down.