Insider’s guide to... Linmeyer
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
– 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.