Fourways not only draws scores of visitors to its shopping centres and entertainment hotspots, but also attracts its fair share of home buyers, who find property for sale in Fourways really promising.
According to Dieter Harck of Re/Max, the greater Fourways area remains a sought-after place to be for both investors and home owners, despite being affected by the general slump in the global economy. “A Fourways purchase is bound to be a smart one. In the current market buyers can expect net returns of around 5%. The Fourways of today is a suburb with absolutely everything you need,” maintains Harck. “It offers easy access to freeways, proximity to hospitals and emergency facilities and excellent schools.” Fourways is also close to commercial hubs of Sandton and Randburg.
There’s no shortage of shopping opportunities in Fourways. Whatever your retail pursuits, you’ll find it here- from the glitzy Design Quarter to the renowned Montecasino and other malls like the new, chic Cedar Square. With the area experiencing a high-street boom, it makes sense that a range of property buyers find the area desirable.
Fourways continues to grow and develop in key areas, so residential stock will increasingly need to resonate with investors’ sense of value. With tree-lined streets, parks and suburban shopping facilities, Fourways creates an atmosphere of exclusivity. According to property data specialists SAPTG, Fourways residents as a whole are categorized as elite. Research shows that these folks are well educated, well-travelled and well off. This is the category of people who usually live in the most elite neighbourhoods and their suburbs and homes, whether large or small, are very well kept.
Property in Fourways definitely shows future potential. It’s no wonder because its suburbs – Magaliessig (aka Little Fourways), Norscot, Greater Fourways, Norscot Slopes, Lonehill, Beverley, Craigavon, and Broadacres – tick the boxes on all the things that are important to real estate investors.
