Freehold: R3100000 Sectional Title: R1950000
total of 126 properties within a huge price bracket were on sale in Parkhurst as of last week, ranging from R2.1m to R6.8m.
Kathy Cohen, De Wet’s partner in Parkhurst at Property.coza, says demand comes from across the entire property-buying demographic spectrum.
“Young professionals are attracted to the area because of the proximity to work, the Gautrain, good schools and the coffee shops and cafes that fill the pavements,” says Cohen.
She says the community atmosphere is a strong attraction for older folk.
“Older residents who have scaled down enjoy the timeless feeling of a good quality of life with amenities close by,” says Cohen.
While some buyers sought an address within walking distance of the restaurant scene, others bought to start an Airbnb, says Cohen.
Parkhurst was established in 1904 and by the 1970s had its first antique shop, which was the precursor to its being known as “Antique Alley”. The bustling cafe lifestyle with which we now mostly associate it followed a few years later.
Parkhurst is rated slightly more expensive than Greenside but well below Greenside East.
Verity Park on 6th Avenue is popular with residents for evening strolls and dog walks.