Find out what attracts buyers to this established, centrally located suburb of Centurion West.
What types of properties are available in the area and who is buying them?
The suburb hosts some great investments for buyers looking for a well-established property close to everything they need. Properties are on average between R1,4m and R2,1m. Large stands leave the possibility for upgrading and expanding or accommodating a home-based business. Rentals are popular in this area too as there are some very nice townhouses. Buyers in Wierdapark range from first-time buyers who are looking to get started with their own homes close to schools, older people who want to settle down close to everything convenient, as well as businesses moving out of the central city to one of the main roads in Wierdapark.
What attracts buyers to Wierdapark?
Wierdapark is an established, centrally located suburb. Properties in this area are ideal for families because of their large stand size. There are two high schools and three primary schools close by. Three of Centurion’s major shopping centres are within comfortable distance: Forest Hill City, which offers great entertainment including an ice skating rink; the Mall at Reds; and Centurion Mall. The major highways linking Johannesburg and Pretoria are within easy access. The Gautrain bus service operates on the main roads in the area and the Gautrain station is not far from the suburb. Wierdapark is a friendly and relaxed suburb.
What is happening in the property market in this area?
Wierdapark is one of Centurion’s older suburbs with large stands and an excellent location close by all amenities and major routes. The area is sought-after by people commuting to Midrand and Johannnesburg on a daily basis usually for work or business. Current trends show that new buyers fall in the age group of 30-59, they have small families and school-going dependants. Sellers are mostly downsizing after raising families and are aged between 55 and 65. One can expect to purchase an apartment for about R 800,000 and a four- or five-bedroom home for R2,8m plus.
This article originally appeared in Neighbourhood, Sunday Times.
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