Property prices in Pretoria’s most in-demand suburbs

Private Property South Africa
Tahir Desai

Private Property takes a look at the most in-demand suburbs in Pretoria and what you can expect to pay for property in them.

Pretoria has been growing in popularity among buyers, particularly upcoming professionals and young families. The city offers employment opportunities, allows for relatively easy access to other areas and a wide selection of well-priced properties.

According to Private Property data for July 2018, the median price of a property in Pretoria was R1 335 000.

The data also revealed the most in-demand suburbs for property shoppers in July. We measure demand by looking at the number of views per sales listing on our website. The price data reflects the median asking price for properties in the suburb as listed on the Private Property website in the same month.

altTextThe 10 most in-demand Pretoria suburbs

1. Waverley (Median asking price R1 995 000)
This suburb in Pretoria’s Moot area enjoys an excellent location and great selection of property. It is a multicultural, characterful area that offers a home for everyone – from affordable bachelor flats and traditional homes in the lower lying streets to modern apartments and large family homes closer to the mountain. Residents enjoy easy access to the N1 and N4 and have a range of amenities like schools, churches, hospitals and shopping centres nearby.

Median asking price by property type:
House: R2 200 000
Flat: R655 000
Complex: R1 750 000
A typical property for sale in Waverley is a 3-bedroom house with a median asking price of R1 970 000.


2. Erasmuskloof (Median asking price: R1 950 000)
Scenic views, friendly neighbours and great transport links are just some of the reasons Erasmuskloof is so popular with Pretoria property shoppers. This tranquil, leafy suburb has a diverse selection of property which makes it a popular choice for families, young professionals and retirees. The suburb is also popular with nature lovers due to its proximity to the Moreleta Kloof Nature Reserve.

Median asking price by property type:
House: R2 500 000
Flat: R695 000
Complex: R1 395 000

A typical property for sale in Erasmuskloof is a 4-bedroom house with a median asking price of R2 597 500


3. Queenswood (Median asking price: R1 350 000)
The serenity of this tree-lined neighbourhood in Pretoria’s Moot area together with the space on offer make it attractive to buyers. The areas transport links are a major selling point with a location close to both the N1 and N4 highways, access to neighbouring suburbs and the city centre, and public transport options like the Hatfield Gautrain station and bus routes.

Median asking price by property type:
House: R1 850 000
Flat: R699 000
Complex: R907 500

A typical property for sale in Queenswood is a 4-bedroom house with a median asking price of R1 590 000.


4. Garsfontein (Median asking price: R1 650 000)
Garsfontein is an excellent example of how an active community can band together to improve a neighbourhood. Residents are involved in council and environmental issues, crime reports, community patrols and social activities such as family fun days and Christmas markets. This community spirit has made the suburb a popular choice for families. The tranquil suburb also boasts top schools, beautiful parks, quality medical facilities and popular shopping centres.

Median asking price by property type:
House: R1 895 000
Flat: R1 080 000
Complex: R1 190 000

A typical property for sale in Garsfontein is 3-bedroom house with a median asking price of R1 695 000.


5. Lynnwood (Median asking price: R2 897 000)

Lynnwood is part of a popular group of older suburbs referred to as the “Old East”, having been established in the 1960’s. The suburb is especially popular with younger buyers due to convenience that it offers. It is close to many schools and the University of Pretoria, Gautrain, main roads and modern shopping centres. Properties in the leafy streets range from large old homes, to modern townhouses and complexes.

Median asking price by property type:
House: R3 700 000
Flat: R1 300 000
Complex: R1 950 000

A typical property for sale in Lynnwood is a 4-bedroom house with a median asking price of R4 322 500.


6. Rietvalleirand (Median asking price: R2 133 552)

A sense of space and a countryside setting make this a popular suburb for families looking for a stress-free lifestyle. A number of upmarket estates have been developed in the area to cater for the lifestyle needs of buyers. Several pre-primary, primary and high schools with good reputations are located in the area, as are ample shopping facilities and places of entertainment.

Median asking price by property type:
House: R 2 531 923
Flat: R958 750
Complex: R1 295 000

A typical property for sale in Rietvalleirand is a 3-bedroom house with a median asking price of R2 225 000.


7. Elardus Park (Median asking price: R1 490 00)

This old, established suburb in Pretoria East is popular with families attracted by the convenient location and wide range of amenities in the area. Properties in the area range from well-priced, older homes on large stands, to townhouses in new developments. Residents tend to be families across different age groups. The neighbourhood boasts a variety of educational, medical, leisure, business and shopping amenities and facilities.

Median asking price by property type:
House: R1 835 000
Flat: R850 000
Complex: R1 099 000

A typical property for sale in Elarduspark is a 4-bedroom house with a median asking price of R1 899 000.


altTextMenlo Park at night

8. Menlo Park (Median asking price: R2 550 000)

The character of market Menlo Park is changing due to ongoing expansion and development in the suburb. What was a middle-class, family-oriented suburb is getting a fresh injection of energy as younger professionals and some students migrate to the area. The area has an abundance of shops, schools, parks, public transport and recreation facilities.

Median asking price by property type:
House: R2 850 000
Flat: R1 720 000
Complex: R2 300 000

A typical property for sale in Menlo Park is a 3-bedroom house with a median asking price of R2 800 000.


9. Moreleta Park (Median asking price: R1 795 000)

This well-established, leafy suburb is one of Pretoria’s largest and most diverse middle-class neighbourhoods. Moreleta Park offers a wide-ranging choice of property types, from neat and compact apartments and flats, to secure townhouse complexes and properties in upmarket security estates. Besides the wide selection of property, residents of this diverse neighbourhood also enjoy an outdoor lifestyle, a convenient location and a fantastic range of schools, shops, restaurants and pubs.

Median asking price by property type:
House: R2 380 000
Flat: R750 000
Complex: R1 290 000

A typical property for sale in Moreleta Park is a 3-bedroom house with a median asking price of R1 995 000.


10. Faerie Glen (Median asking price: R1 985 000)

Faerie Glen is a suburb that is always in demand with home buyers and it is easy to see why. Buyers have many property options available, from traditional properties in the older parts of the suburb to modern properties to the east of Solomon Mahlangu Drive. Faerie Glen is also close to various main shopping centres, popular private and public schools, and the new Menlyn Maine development.

Median asking price by property type:
House: R2 475 000
Flat: R860 000
Complex: R1 390 000

A typical property for sale in Faerie Glen is a 3-bedroom house with a median asking price of R2 040 000.

altTextAerial view of Faerie Glen

Private Property lists property for sale in Pretoria from a wide range of sellers. View property for sale in Pretoria.


Background

This report is compiled using search activity and median asking prices of residential properties listings on Private Property’s website in July 2018. To maintain consistency over time and assist comparison between areas, data is only presented for areas with 100 or more listed properties and grouped by the following common attributes of residential properties in South Africa: • type (houses, townhouses or flats)

Some effort is also made to exclude outliers from the analysis. A feature of Private Property’s Report is that it provides insights based on current asking prices rather than the eventual sale prices of property transactions. This is an important distinction, as the two measures provide slightly different insights into the property market.

Private Property’s median asking price data provides a view of all properties being offered for sale on its website. This has the advantage of including insight into many more properties than are eventually sold in each quarter. Although asking prices are usually slightly higher than sale prices, they have an advantage of being available to analyse well in advance of the eventual transactions. Care must be taken when interpreting prices of listings on Private Property’s website, as it differs from some analysis of sale prices that track individual properties as they are offered for resale over time.

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Explore neighbourhoods mentioned in this article

Moot
Life in a unique urban village
Pretoria Moot is North of central Pretoria. It is bordered by Meintjieskop to the south, Skurweberg or Vlakkopies to the north. The Pretoria Moot area has a strong sense of community with generations returning to live in the unique ‘urban village’ setting. The current Home Owners and Residents Association strives to maintain the restful atmosphere and currently employs a private security company, on behalf of the residents, to aid with crime prevention. This is proving to be effective and is supported by the South African Police. This unique atmosphere and the semi – rural setting of the suburb contribute strongly to its ongoing popularity and good capital growth. A further unique factor is the Academic Hospital which is located 3kms beyond the area. A number of specialising doctors leave and arrive annually and seek to buy property close to the hospital for the period of their specialisation.
Pretoria Central and Old East
Old town, young crowd
Pretoria Old East is known as Jacaranda City because of the thousands of lilac bloomed trees that line the streets. It’s one of the city's oldest suburbs, with lovely established trees and gardens. With the university nearby, the atmosphere is young and full of energy and excitement. Students, art lovers and trendsetters can be found socialising by day and by night.
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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