In­sider’s guide to... Lin­meyer

Saturday Star - - HOME - By John Makoni

AT A TIME when most home­own­ers are hav­ing to wait longer be­fore their prop­er­ties even­tu­ally find a buyer, Lin­meyer has in a sense re­mained a seller’s mar­ket in that de­mand seem­ingly out­strips sup­ply and homes sell quickly once they go on the mar­ket.

This small Joburg South sub­urb thus makes up for what it lacks in size with a pop­u­lar­ity de­fy­ing prop­erty trends and con­ven­tional wis­dom.

Ta­nia Re­bolo, of Len­car Ex­clu­sive Prop­er­ties, says homes gen­er­ally sell within three months in Lin­meyer as there’s a short­age of hous­ing stock in the area.

“Lin­meyer is ex­tremely sought af­ter, hence the quick sale times,” she says.

Statis­tics from prop­erty data com­pany Light­stone show that 58 prop­erty trans­fers to­talling al­most R60 mil­lion were reg­is­tered in Lin­meyer for the year end­ing Septem­ber.

This is a healthy statis­tic given the sub­urb’s adult pop­u­la­tion of just over 2 400.

Re­bolo says most res­i­dents re­main put for much longer than the seven-year av­er­age own­er­ship pe­riod, with many choos­ing to sell up only on reach­ing re­tire­ment age.

“Most sell­ers tend to be older and no longer want the bother of the main­te­nance of a home.”

Re­bolo says that, like much of Joburg South, the area is big on con­ve­nience.

One need only look at the es­sen­tial ameni­ties and fa­cil­i­ties to un­der­stand Lin­meyer’s en­dur­ing ap­peal. It is con­ve­niently sit­u­ated close to main routes and is a dream area for par­ents with chil­dren. The most pop­u­lar lo­ca­tions are the streets clos­est

to Marist Brothers, es­pe­cially Prince Al­bert Street which has a beau­ti­ful and well-main­tained park

for chil­dren.

– TA­NIA RE­BOLO, ES­TATE AGENT LEN­CAR EX­CLU­SIVE PROP­ER­TIES

Klipriv­iers­berg moun­tain is in a na­ture re­serve that pro­vides a green lung for the sur­round­ing ar­eas.PIC­TURES: DIMPHO MAJA / AFRICAN NEWS AGENCY / ANA

One of the many modern free­hold prop­er­ties in Lin­meyer.

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