Moreleta Park is an upmarket suburban area, pretty similar to other areas in Pretoria, with the majority of people commuting to work elsewhere; e.g. Johannesburg. It has a broad mixture of properties including office parks, retail shopping centers, hospitals, churches, upmarket single stand housing with flourishing gardens, gated security complexes, as well as typically smaller and higher density residential units built within an outer wall that forms a security barrier.
The typical Moreleta Park buyer
58% of freehold sales in the past 12 months took place in the R1.5 million to R3 million price bracket, and 44% of residents in the area are in the 35 to 50 age range, with a further 33% falling into the 50 to 65 range.
Price overview of Moreleta Park
Three bedroom townhouses is popular with young families start from around R850 000 and range up to about R1.2 million, and there are also four bedroom options available at prices from around R1.3 million. However, we find that buyers with older children are increasingly favouring freehold homes in security estates, which make up about 26% of the stock in this area.
Popular in Moreleta Park
The Moreleta Kloof Nature Reserve contains African wild life; zebras, springbok and other small antelope and ostriches may be observed. Entrance is free of charge. Rietvlei Nature Reserve. Woodlands and Parkview Malls. Private and public schools and colleges. Various golf courses
My Moreleta Park tip
Reasonably fair access to all the major roads and routes in and around the area i.e De Villebois Mareuil Drive, Delmas Road, Witdoring, Rubenstein, Garsfontein, Hans Strijdom, Atterbury, R21 and N1
Latest properties to rent and for sale in Moreleta Park, Pretoria
Durban North has been a growth node for some time now. According to statistics, the median asking price in KZN grew by 2,3% since last quarter, and 7% YoY as of September 2019.