Harfield Village prices and sales continue to rise
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.