Local property experts talk about the property market in the Reeds and Rooihuiskraal.
What types of properties are available in The Reeds and Rooihuiskraal, and who is buying them?
Residents enjoy the central and convenient location, variety of dwellings and the tranquil community environment. The majority of the properties have large well-established gardens with plenty of trees. The types of properties vary and include houses, townhouses, duets, apartments, clusters, guesthouses, business properties that are situated mainly along Panorama plus two security estates. To boost the popularity of The Reeds even further some new developments have just launched in the area as well. The suburbs offer good value for money with price ranges between R500,000 and R2,5m, with an average price of R1,35m.
What is happening in the property market in Centurion West?
It is sellers’ and buyers’ time in the area and property prices in The Reeds, Rooihuiskraal and Thatchfield are good. If the property is priced correctly and in line with market trends in the area, it will sell within a month. Huge development is planned for the area which will soon boost the price of property in these suburbs. The average property is about 280m2 and the average size of stands is approximately 1,000m2. The area boasts a large amount of educational facilities and medical centres. Public transport to all major surrounding areas is available.
What attracts buyers to The Reeds and Rooihuiskraal?
This area is the undiscovered jewel of Centurion and caters for the full buyers’ range including the investor looking for good return on his property, the young family purchasing their first home, professional people upsizing their properties and mature couples downsizing. Value for money and lifestyle are the main draws. With its central location, this portion of Centurion’s growing residential market offers buyers a selection of great private and public schooling and they can also indulge in the huge variety of shopping facilities in and around the area. Both suburbs are in close proximity to two designer golf courses: Blue Valley and Copperleaf.
This article originally appeared in Neighbourhood, Sunday Times.
Take a spectacular journey through Centurion West in this video: