While property values in Johannesburg's northern and north-western suburbs
have generally shown exponential increases over the past few years, the iconic Dainfern Estate - now 20 years old - still offers exceptional value for money for homebuyers seeking an upmarket, secure lifestyle.
Homes of 500 to 600sqm on the estate are now selling for an average of R3,2-million, according to Lew Geffen/ Sotheby's International Realty Dainfern director Jason Rohde.
"A similar property in Bryanston, for example, would sell for between R4-million and R6-million, which means that Dainfern is a great buy for purchasers in this price bracket, especially when one considers the lifestyle that Dainfern residents enjoy."
The estate includes an 18-hole Gary Player-designed golf course, a country club, restaurants, a nature club and various other social and sporting amenities. It also has a private school on its boundary and offers top-notch security.
"Dainfern has never had a hijacking within its boundaries," notes Rohde, "and it's completely safe for residents to enjoy a 7km jog late at night. Substantial development in the area around the estate in recent years also means that residents now also have easy access to upmarket shops, entertainment venues and offices without ever having to leave the area."
Home values at Dainfern are, however, set for a significant boost in the near future, leaving only a small window of opportunity for buyers who want to take advantage of the current competitive pricing, he says.
"The next few months should see all the people from the Zevenfontein squatter camp being accommodated in their new formal homes at Cosmo City, so the camp will no longer be a negative consideration for homebuyers considering relocation to this area.
"And with more residential estates being planned to the north, the roads that link Dainfern to the Fourways hub and the rest of Johannesburg beyond are soon to upgraded and extended. Work completed on the R511 and Cedar Road will mean that Dainfern is no longer an estate 'out in the country'.
"Within the next five years it will in fact be the heart of a fully-established residential and business hub in the northwest of Johannesburg."