Property market boom set for Dainfern

Whether you bought property in Brakpan years ago and are looking for change, or just want to build on your property portfolio, property experts are pointing in the direction of Dainfern, saying that there could be some excellent investment opportunities on offer.

Whether you bought property in Brakpan years ago and are looking for change, or just want to build on your property portfolio, Dainfern could be the ideal location for you to make your next investment. When browsing the Private Property website, you can gain easy access to information relating to the property market, as well as priceless tips from experts in the industry.

In a recent article, they had a look at Dainfern and discussed why this area could offer immense return on investment in years to come. You may not have considered this area in the past, with Dainfern not boasting a rich history – in fact, it is only around 25 years old. However, the development that has taken place in recent years is extremely impressive.

Dainfern falls within the borders of the greater Fourways area, which has set its sights one becoming Gauteng’s premier business hub. This has earned the area the nickname, the ‘New North’, and based on the progress being made, it could certainly live up to the name in years to come.

“Dainfern property is back in demand, especially with the R2.4 billion expansion of Fourways Mall and significantly, within the next 10 years, the next two stages of the Gautrain development,” said Craig Hutchison, who is the CEO of Engel & Völkers Southern Africa.

Demand is expected to grow over the next few years, as Dainfern puts residents within close proximity to top schools, all the amenities they could need and a wide range of entertainment venues. This certainly feeds the idea of having a work, live, play lifestyle – which is sought after around the country.

Investing in property here now will cost you around R600 000 for a studio apartment, while if you wanted a freestanding home at the higher end of the market, you would need to part with around R5 million.

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