ARRIVAL OF WORLD’S LARGEST REAL ESTATE BRAND HERALDS PROPERTY BOOM FOR CENTURION
News > news - 30 Nov 2007

As one of the areas that will feel the effects of the Gautrain most directly, Centurion is a city on the verge of a boom, according to property economists and local estate agents.  The arrival of the world’s largest real estate brand in Centurion in December certainly bodes well for the area and bears out recent predictions of a property boom.

 

Commenting on the property market in Centurion, Marietjie Dunhin, principal of CENTURY 21 Winners, which launches on 1 December, says, “We predict that Centurion will continue to prosper, and that the advent of the Gautrain will help to boost Centurion property prices. People enjoy the country environment of Centurion, and the hassle-free transport between Pretoria, Johannesburg and OR Tambo airport will make living in Centurion an attractive prospect. According to a recent report by property economist, Francois Viruly, the value of properties within a 20 minute walking radius of the Gautrain project is expected to increase by 20%. The world’s capitals such as London, Rome, Paris and New York bear testament to this prediction.”

 

CENTURY 21 Winners operates in Lyttelton, Clubview, Hennopspark, Eldoraigne,Bronberrick, Zwartkop, Wierdapark, Rooihuiskraal North, Amberfield, Rooihuiskraal, The Reeds, Thatchfield, Brooklands, Raslouw, Sutherland Ridge, Celtisdal, Highveld, Irene, Sunnyside and Heuweloord.  According to Dunhin, with the exception of only a few areas, there has been a definite decline in the number of transfers over the last six months, but she nonetheless predicts steady growth for Centurion, largely as a result of the area’s ideal location between major business meccas and easy access via freeways and Gautrain.  The areas which have avoided the slight property market slump have been Rooihuiskraal North, Raslouw, Heuweloord and Sunderlandridge, which Dunhin attributes to the new developments taking place in these areas.  Within the suburbs of Centurion, properties in the price ranges of R500 000 to R650 000 and R750 000 to R1 million are in most demand, according to Dunhin.

 

Having operated successfully in Centurion as an independently owned company, Winners Properties, the decision to become a franchise of the world’s largest real estate brand, with more than 143 000 sales professionals and more than 8 300 offices in 53 countries around the world, was taken with the anticipated property boom in mind.  “The CENTURY 21 System ensures that we are truly globally competitive, with an international and national referral network, and access to successful systems and programmes,” says Dunhin.

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