Faerie Glen estate agent Q&A

Private Property South Africa
Press

Faerie Glen is a well-established suburb perfectly situated in Pretoria East with easy access to all major highways.

What attracts buyers to Faerie Glen?

In the Old Faerie Glen, west of Solomon Mahlangu Drive, typical conventional properties and sectional title complexes are found. More modern properties are found to the east of Solomon Mahlangu. Faerie Glen is close to various main shopping centres, popular private and public schools, and the new Menlyn Maine development. Property values will increase in this area which will become more popular due to all the new developments in the east of Pretoria. More businesses are also moving further east.

Bertie Lombard Principal, Rawson Property Group Waterfloof / Faerie Glen

What is currently happening in the property market in Faerie Glen?

Faerie Glen property prices currently follow the national trend of growth estimated at 4,5% year on year. Although properties below R2,2m and especially between R1,2m and R1,6m sell reasonably quickly, a slowdown in demand in the price range above R2,5m is noticeable, despite the expected spin-off from the increased activity in the adjacent Menlyn business district. Sellers in this price category can expect offers below their marketing prices making this suburb attractive to buyers. A further trend indicates an increase in demand from cash buyers in the over-55 age group who downscale, and sellers of sectional title properties reap the benefits.

Jimmy du Preez Achiever Agent, Seeff

What kinds of properties are available in Faerie Glen?

One of the greatest characteristics of the area is that over the years it has continued to grow and develop further east and thus can now be broken down into what we refer to as Old and New Faerie Glen. Old Faerie Glen consists mainly of larger traditional full-title houses with lush gardens, many beautiful townhouse complexes and duets. New Faerie Glen is the eastern side of the suburb where homes and gardens tend to be smaller but more contemporary. There are many good-value duets as well as attractive, modern townhouse complexes and a number of superb residential estates.

Elmarie Bester Principal, Leapfrog Property Group Faerie Glen

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Explore neighbourhoods mentioned in this article

Pretoria East
Accessible escape from the city
Pretoria East offers a tranquil escape for those that work in the city. The leafy streets and well established gardens give the area a sedate, village-like feel. Everything is close-by and residents don't have to go far for shopping or recreation. It's a popular suburb, largely due to the fact that it's easily accessible from major highways - the N1 and the N4. This neighbourhood attracts a good mixture of young professionals and young families, with kid-friendly activities widely available. There are large, open spaces in this area, allowing for big gardens and freestanding houses. However, this area has many townhouses, clusters and security estates as well.
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