Why Midrand is a property hotspot

Research shows that property for sale in Midrand flys off the shelf pretty swiftly, which comes as a small surprise to its residents. The suburb has gone from strength to strength since the beginning and weathered the storm of the weakened property market over the last few years better than most. The addition of the Mall of Africa only adds to the value. As the local property prices remain strong so the amenities in the area are developed – pushing up the value of those same local properties.

Midrand has some of Gauteng’s top amenities including the Kyalami Grand Prix Circuit, Kyalami Country Club, equestrian facilities, Virgin Active gyms, and excellent schools such as Reddam House Waterfall Estate and Beaulieu College, among others. Beverley says buying in Midrand is investing in value, especially for first-time buyers, pointing out that over the years, and with the development of the Gautrain Station, property values in the area have increased.

Area attractions:

• Bounce Waterfall: for outdoor family fun
• China Mall: for shopping
• Glen Austin Bird Sanctuary: for a variety of bird species and beautiful surroundings
• Kyalami Racing Circuit: to get your heart racing
• Mall of Africa: for entertainment and retail therapy
• Virgin Active: for a workout

Top schools:

• Blue Hills College
• Cedarwood School
• Curro Waterfall
• Glen Austin High School

Property prices average R1.6M but the wide range of prices means that there’s truly something for everyone with entry level suitable apartments selling for under the one million mark. Property values in Gauteng in general are on the rise as the market shows early signs of recovery after the change of leadership within the ANC. First time home buyers are statistically shown to be leading the charge reinforcing investor confidence.

All the indications appear to point to the fact that it’s a good time to buy.