Suburb Report - Hurlyvale

Suburb Report - Hurlyvale

Private Property South Africa
Ben Kelly

Just a hop and a skip away from Edenvale’s CBD, the suburb of Hurlyvale sits in that zone that makes access to the N12, N3 and R24 relatively easy. Bordered on the west by Van Riebeek Avenue and on the south by the R24 highway, the suburb is ideally situated for access to the industrial areas surrounding O R Tambo International or to the airport itself.The area is largely access-controlled, with Hurlyvale Ave and St John’s Road/ 17th Avenue separating the area into two distinct halves. The western half is closer to Edenvale while the eastern half is itself split by Hurlyvale Park, a broad expanse of parkland ideal for family walks and taking the dogs for a run. Manned security booms control entry to both parts of the suburb with the other streets barred by locked gates.The streets themselves are neat and tidy and have that tree-lined look that gives suburbia much of its charm. Its central location offers residents easy access to a number of shopping centres including Eastgate and Greenstone.The area also has easy access to a variety of private and public schools with Edenglen, Eastleigh and Dunvegan Primary Schools and Laerskool MW de Wet all within roughly 2 km of the suburb. For public high school education Dowerglen and Dunvegan High Schools and Heorskool Vryburger are all within 4km (as the crow flies).From a private school perspective, St Benedict's, Holy Rosary, Saheti and St Andrews offer top quality education within easy driving distance.One of the key trends is this suburb seems to be the relatively low turnover of stock with less than 10% of the total number of freehold units coming onto the market each year. Out of the almost 700 freehold units in the suburb, the highest amount of sales in the past eight years was 55 in 2007. Sectional title makes up only a tiny part of the total stock with only 27 units in the suburb. Like many other suburbs the average selling price pretty much doubled during the housing boom moving from R535 000 in 2004 to a peak of R1.05 million in 2009. Since then the prices have retreated slightly with an average selling price of R922 000 in 2010 and R971 000 for the first few months of 2011.Demographically, the suburb has a much stronger representation in the 36 – 64-year old sector than other suburbs, with less than 10% of owners younger than 35. This is probably a result of both the low turnover in the suburb as well as the low penetration of sectional title developments in the area.The 18-35-year old sector has, however, made up more than 60% of recent buyers indicating that there is demand for this area.With easy access to schools and recreation facilities as well as the benefits of having the suburb already access controlled the benefits of Hurlyvale probably outweigh the proximity of busy main roads and the noise from the highway.


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