Keep an eye on the Fourways property market
If a move is on the cards to get closer to the office and you have listed your property for sale in Bedfordview, then you may want to consider the opportunities on offer in the Fourways property market. This area is growing rapidly and experts expect it to boom in the future.
If you are looking to move a little closer to the office and have listed your property for sale in Bedfordview, then you may be interested in the current state of the Fourways property market.
This area is rapidly expanding, faster than any other commercial and residential node in the province, and is showing strong performance in the market despite the tough economic conditions in the country at present.
Discussing just how much of an impact Fourways is making at present, Sandra McKenzi, who is the head of Adrienne Hersch Properties’ Olivedale Branch, described it best, “Fourways is quickly becoming an entertainment, retail, commercial and residential hub that rivals Johannesburg and Pretoria CBD precincts such as Sandton, Rosebank and Menlyn.”
That showcases the ambition of this area, and it is certainly making a mark with younger buyers. Lightstone recently revealed that almost half of the transactions done in recent times were by people between the ages of 36 and 49. This makes sense considering the strong push to create a work, live, play lifestyle which so many consumers are looking for.
The ability to be close to the office while also being able to find retail and leisure opportunities on every corner allows for people to enjoy their personal time, without having to spend a large portion of it in the traffic.
Another bonus is that with the expected boom in the Fourways property market in the future, prices now are fairly reasonable for what you will be getting.
So if you are looking to invest somewhere in the northern suburbs, make sure that you don’t turn a blind eye to Fourways as it could provide you with a solid return on investment down the line.
