Alberton becomes a popular choice for buyers and renters

Alberton has a wide range of property that appeals to buyers and renters at all income levels.

Property for sale in Alberton boasts prices for all budgets. According to Stephen Brown, Principal of Jawitz Properties Alberton, “it is still an affordable area, with both buying opportunities and reasonable rentals, particularly when compared to the north of the province. Whether you are a modest or big spender, Alberton really does have something for everyone.”

With a number of highways connecting the city to Johannesburg and shopping malls, a range of good government and private schools, and a variety of activities in and around to keep residents entertained, it’s no wonder Alberton is fast becoming a popular area to purchase property in.

From 4 – 8 unit developments and small houses, to big houses with accompanying garden cottages, Alberton contains a mixture of properties to cater for any family type. The well-known suburbs include Meyersdal, Randhart, Albertsdal, Brackenhurst and Brackendowns, with New Redruth an area becoming well-known known for cluster developments.

In the rental market, prices start at around R3,500 per month and upwards, while the average buying price starts at around R600,000/R700,000 for a townhouse. Prices differ from area to area and according to type of property. Less affluent areas include home that are priced from R950,000, while more affluent areas include homes that are priced from around R2.5 million and more.

According to Brown, if you’ve bought a property in Alberton and want to renovate, you must be careful not to over capitalize as this can easily be done in the area. “It is advisable to carefully consider the area before spending your hard-earned money on these projects, as the wrong decision will make the later resale of the property a long and painful exercise.”