Harfield Vil­lage prices and sales con­tinue to rise

Weekend Argus (Saturday Edition) - - PROPERTY -

HARFIELD Vil­lage prop­erty is per­form­ing be­yond ex­pec­ta­tion, says Lan­ice Stew­ard, MD of Anne Porter Knight Frank.

Re­fer­ring to a bar chart drawn up by APKF agents, Stew­ard showed that in the Jan­uary to June pe­riod this year, sales in the Harfield Vil­lage area were much higher than those of sim­i­lar precincts such as Ke­nil­worth East and Clare­mont Vil­lage and, un­like in th­ese sub­urbs, val­ues in­creased this year.

“In Harfield Vil­lage,” says Stew­ard, “there were 27 sales from Janu- ary to June, an in­crease of 28 per­cent on the same pe­riod last year. Also, the av­er­age price rose de­spite the re­ces­sion from R1.206 mil­lion to R1 290 370 this year.”

Harfield Vil­lage, says Stew­ard, at­tracts the same sort of young, u pward l y mobi l e bu ye r s a s a r e found in New­lands Vil­lage, Chelsea Wyn­berg and Lit­tle Mow­bray. How­ever, the prices in Harfield Vil­lage are way be­low those of prop­er­ties in th­ese other higher pro­file precincts.

“If you are looking for a tip on an area likely to ap­pre­ci­ate fast from a f a i rl y l ow b a s e, ” S t e ward s ay s , “Harfield Vil­lage would be top of my list.”

APKF’s Jenny Zinn and Sylvia Muzzell are mar­ket­ing a north-fac­ing town­house. They say it has more floor area than most of the free­stand­ing homes in the precinct. Fin­ishes in­clude gran­ite coun­ter­tops.

“At R1.749m this house comes on to the mar­ket at a dis­count of at least 40 per­cent on what would be paid for the same sort of home in Kirsten­hof, Tokai or other nearby sub­urbs,” says Zinn.

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