[Jackal Creek Golf Estate, close to Honeydew in North-west Johannesburg, is something of an anomaly. Rather than the usual luxury houses alongside the golf course the developers chose to rather build more reasonably priced townhouses/apartments. With a choice of lofts and apartments and, more recently, cluster home-style units, the estate offers golf-course living at price that normal people can actually afford.
The estate has been around since 2008, and its initial investment growth was quite dramatic, with Finweek reporting in 2010 that property values rose 49 percent in the estate, (annual growth rate over three years) pointing to a large return on investment for those who showed faith in the project early on. This growth is even more interesting when taking into account the slump that hit the property market just as Jackal Creek came to market.
Jackal Creek was built to appeal to younger buyers, with around 80 percent of owners and recent buyers under the age of 50. Owners within the estate seem to have found their perfect fit, and are holding onto their properties with only 49 units, out of 1 100 sold over the last 12 months.
Although the estate is close to the Zandspruit informal settlement and the ever-expanding Cosmo City, security on the estate is well provided. Residents also have access to the luxury 18-hole golf course, gym, and clubhouse which offers reasonably priced food and a weekly trivia quiz among other events.
Jackal Creek may be on the edge of Johannesburg but it is positioned very close to Northgate shopping centre and within a short distance from other shopping areas along Witkoppen Road/Christian de Wet Drive. Getting to the highway in the morning may be a bit of an issue as both Beyers Naude Drive and Malibongwe Drive can get quite congested in the morning.
While the lifestyle on the estate is known as “out of town” living, there is reasonable access to private schools in surrounding areas from Curro Aurora, near Northgate, to Maragon, in Ruimsig. A reasonably short drive also provides access to government schools from Sharonlea and Weltevreden Primary, to Randpark and Allen Glen High School.
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