Prop­erty

Pur­chas­ing prop­erty is stress­ful. There’s a lot you need to know, par­tic­u­larly which lo­ca­tion to buy in and choos­ing a home that suits your bud­get

Destiny - - Contents - BY Denise Mh­langa

Prop­erty agent Se­eff re­veals that on a bud­get of just un­der R300 000-R1,5 mil­lion, pur­chasers can buy into a se­cure lifestyle and es­tab­lished neigh­bour­hood, close to ma­jor high­ways and roads, good schools and great ameni­ties. Af­ford­abil­ity is also a sig­nif­i­cant fac­tor, with many first-time buy­ers look­ing to pur­chase off-plan, as there are trans­fer duty sav­ings and the ad­van­tage of be­ing in a newly-built unit. How­ever, the space and value for money of­fered by slightly older units are also very at­trac­tive to first-time buy­ers, pro­vided they don’t mind fix­ing their prop­er­ties up a lit­tle over time.

WESTERN CAPE

Two-bed­roomed apart­ments in Good­wood start at R550 000, three-bed­roomed apart­ments start at R900 000 and houses in this area start at R1,2 mil­lion.

Rich­wood, Bothasig and Bur­gundy Es­tate all of­fer easy ac­cess to the N7 and N1 and are close to Ta­ble View, Mil­ner­ton, Blou­berg and Cen­tury City, mak­ing them de­sir­able op­tions for bud­get­con­scious buy­ers.

Those look­ing for houses can buy in Bothasig and Rich­wood for R1,3-R1,5 mil­lion, while apart­ments in se­cure Bur­gundy Es­tate start at R1 mil­lion. In Mitchell’s Plain, small starter houses range from R500 000-R900 000. Brack­en­fell, Kraai­fontein and Kuils River are also value-for-money lo­ca­tions.

Park­lands, one of the fastest-grow­ing ar­eas in Cape Town, at­tracts buy­ers from across the city, as well as from Jo­han­nes­burg and other up­coun­try ar­eas. KWAZULU-NATAL

Thanks to its great weather, stun­ning beaches and views, the province caters for ev­ery price range in an ar­ray of set­tings, from ru­ral to city to sea­side. Many first-time buy­ers pur­chase prop­er­ties priced be­low R1,5 mil­lion.

Pop­u­lar ar­eas to buy in are Dur­ban, Dol­phin Coast, Manor Es­tates, Sh­effield Manor, Umko­maas, Scot­tburgh, Berea, the Bluff, Pine­town, Richards Bay, Bel­lair and Amanz­im­toti. With luck, pur­chasers can find a free-stand­ing home with up to four bed­rooms for un­der R1 mil­lion in Richards Bay, Scot­tburgh Cen­tral and Pi­eter­mar­itzburg.

GAUT­ENG

The sub­urbs which at­tract the high­est num­ber of first-time buy­ers in­clude Protea Glen, Wel­tevre­den Park, Lone­hill, Paulshof, Bryanston, Eques­tria, Moreleta Park and Die Hoewes, with prices start­ing from as lit­tle as R270 000 in Sun­ny­side – one of the fastest-grow­ing ar­eas, with good in­fra­struc­ture and a con­ve­nient lo­ca­tion.

Sub­urbs like Eques­tria and Moreleta Park are con­sid­ered ideal for first-time buy­ers hop­ing to up­grade even­tu­ally to big­ger, more ex­pen­sive prop­er­ties.

Lone­hill and Bryanston of­fer a range of prop­er­ties, from newer units to those closer to 30 years old. Prices for a onebed­roomed apart­ment start at R800 000 in Lone­hill and R1,2 mil­lion in Bryanston.

MPUMALANGA

Evan­der has en­try-level prices of R500 000 in a peace­ful ru­ralfeel en­vi­ron­ment and mostly at­tracts buy­ers work­ing for Sa­sol. Here, a three-bed­roomed home with a big gar­den can be bought for less than R1 mil­lion – and these prop­er­ties sit on large stands, of­fer­ing own­ers the op­por­tu­nity to ex­pand or build a granny flat, if the zon­ing al­lows for it.

EASTERN CAPE

Ac­cord­ing to Light­stone data, in sub­urbs such as Port El­iz­a­beth Cen­tral, South­ern­wood, Scheep­er­shoogte, Sal­soneville, Tay­bank, Sid­well, Bathurst, Ali­wal North, Stut­ter­heim, Wave­crest, Wes­ter­ing, Port St Fran­cis and Retief, there are great homes priced un­der R1,5 mil­lion.

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