Agent Commentary on Equestria

Private Property South Africa
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Learn more about Equestria from local property experts.

What attracts buyers to the area?

Equestria offers something for everyone, from the large shopping centre called The Grove Mall on your doorstep to affordable, secure accommodation for young professionals and families, larger families and retirement villages for elderly residents. The area also boasts various educational facilities. The Kiddies Academy and the Minime Academy create a safe and friendly environment for babies and toddlers, and the Moonlight International School and Star College develop young, confident children. In Equestria everything is just around the corner. The area boasts amenities and activities for young and old and is a homely environment for all residents.

Anel van der Schyff: Achiever Agent, Seeff Properties

What can buyers expect to pay for property?

Equestria’s names are reminiscent of the equestrian history of the area, which is well positioned, a few landmarks being The Grove Mall, Die Wilgers Hospital and the All Nations Church. Now the complex offers homes suitable for many ages and income classes. There are various styles including conventional, modern, thatch, Tuscan and farm style, and, depending on the style, a three-bedroom home can fetch prices starting from R950 000 up to R3m. I recently sold a sectional-title, three-bedroom, ± 145m² house in a boutique estate of 55 units for R1,28m. What a pleasure.

Debra Botha: Property Consultant, Leapfrog Property Group

Who is buying property in the area? Equestria consists mostly of security complexes with approximately 5,500 doors. Buyers are mostly young working people, single parents and people from the Moot and North areas using it as a stepping stone to larger homes in Equestria and especially Faerie Glen. About 40% of owners sell within the first five years to upgrade to larger homes. Equestria is also very popular with investors because of high rental demand. The opening of The Grove shopping centre with cinemas and ice rink, and the close proximity of popular schools contribute to the popularity of the area. Houses and larger properties are popular and families stay for longer periods – currently 21% stay for 11 years or more.

Bertie Lombard: Franchisee, Rawson Properties Faerie Glen

This article originally appeared in Neighbourhood, Sunday Times.

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