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SA's 3 most popular estates and what you can expect to pay

11 Jan 2022

Homes in estates remain in high demand and buyers will pay a premium for sought after, secure estates.  Here are the three most searched estates on 博鱼体育娱乐平台24 during 2021, and how much money it costs to buy a home there.

Waterfall Country Estate, Midrand

Midrand has grown in leaps and bounds in the past 10 years with Waterfall City forming the new focal point of the lifestyle offerings. Midrand still remains an affordable option to purchase in comparison to surrounding areas and, with the continual growth of the area, sellers can expect high yields from their investments, says Grahame Diedericks, Manager Principal of Lew Geffen Sotheby’s International Realty in Midrand.

This five-bedroom, four-and-a-half bathroom home in Waterfall Country Estate offers a modern kitchen, patio and pool. It is selling for R8.85 million - click here to view.

At the upper end of the market, Diedericks says Waterfall Country Village and Waterfall Country Estate attract keen investor interest. Properties in Waterfall Village range between R5 million and R9 million and in Waterfall Country Estate, they are priced from R9 million upwards.

Waterfall Country Estate, the largest in the precinct boasts an exceptional lifestyle and features like a vast indigenous parkland, fishing dams, hiking and biking trails, picnic spots and play parks for kids attract families who love to spend their leisure time outdoors.

Waterfall Country Village is a smaller estate in the north of the precinct which offers a laidback outdoor lifestyle reminiscent of being on holiday. Both estates fall within the Waterfall City development with access to its myriad world-class amenities which include restaurants, shops, schools, a commercial sector, clubhouse and much more, says Diedericks.

READ: Upside to downscaling? | Why micro-living continues to be popular

Midstream Estate, Centurion

Popular with family buyers and professionals, Midstream is a residential estate that offers a safe village lifestyle and a variety of residential housing options in the heart of Gauteng.
 
This home in Midstream Estate offers three bedrooms, three-and-a-half bathrooms, a braai area and study. It is selling for R3.85 million - click here to view.

The estate offers added lifestyle benefits such as communal grounds, play areas for children and even private schools, says Steve van Wyk, Seeff’s MD in Centurion.

Midstream Estate has currently *157 new property listings, according to property24 Trends Data, with the average asking price for the area being R4.655 million. The average sale price per erf for 2021 was about R3.3 million, while Section Scheme Units for the same period is about R2.63 million.

The latest residential listings on 博鱼体育娱乐平台24 show that four-bedroom homes are most widely available, at an average list price of R5.377 500. Sellers in the area fall within the 36-49 years (44%), while 50% of buyers within the same age group fall within 41% -  followed by 29% within 18-35 year age group. 

Click here to see all the sale and listing price trends in Midstream Estate

Eye of Africa Estate, Eikenhof 

Eye of Africa Golf & Residential Estate is to create a vibrant recreational,\u00a0social and community hub that will become the key destination and gathering\u00a0space for Eye of Africa\u2019s residential community. At Eye of Africa, the standard of living\u00a0is only rivalled by the sense of community and facilities available to all residents.<\/p>\n<p style=\"text-align: justify;\">The Eye of Africa encapsulates, undisturbed, what Africa offers us in such abundance.\u00a0By doing less, rather than more, the developers have sustained the inherent peace\u00a0and harmony of this unique space. The Estate also offers you peace of mind with\u00a024-hour on-site security, access control and patrolling guards to provide a safe and\u00a0secure lifestyle for you and your family.<\/p>\n<p style=\"text-align: justify;\">The Eye of Africa is more than a location; it\u2019s one of South Africa\u2019s best lifestyles.\u00a0Beautiful homes weave their way through the woodlands and hug the Greg Norman\u00a0designed championship golf course. At Eye of Africa, the community and superior\u00a0leisure facilities ebb and flow with the rolling hills and undulating landscapes.<\/p>","tablet":"","phone":"<p style=\"text-align: center;\">The vision for the Eye of Africa Golf & Residential Estate is to create a vibrant recreational, social and community hub that will become the key destination and gathering space for Eye of Africa\u2019s residential community. At Eye of Africa, the standard of living is only rivalled by the sense of community and facilities available to all residents.<\/p>\n<p style=\"text-align: center;\">The Eye of Africa encapsulates, undisturbed, what Africa offers us in such abundance. By doing less, rather than more, the developers have sustained the inherent peace and harmony of this unique space. The Estate also offers you peace of mind with 24-hour on-site security, access control and patrolling guards to provide a safe and secure lifestyle for you and your family.<\/p>\n<p style=\"text-align: center;\">The Eye of Africa is more than a location; it\u2019s one of South Africa\u2019s best lifestyles. Beautiful homes weave their way through the woodlands and hug the Greg Norman designed championship golf course. At Eye of Africa, the community and superior leisure facilities ebb and flow with the rolling hills and undulating landscapes.<\/p>"}},"slug":"et_pb_text"}" data-et-multi-view-load-tablet-hidden="true" data-et-multi-view-load-phone-hidden="true">

Eye of Africa is a signature secure golf estate 20km drive from Johannesburg CBD and is a township development in the Eikenhof area, under the jurisdiction of Midvaal council.

This well-positioned four-bedroom, three-bathroom home in Eye of Africa Estate has a well-sixed entertainment area, boma and manicured garden. It is on the market for R6.2 million - click here to view.

Remax All Stars specialist agent, Charlotte van den Berg says the Eye of Africa township development was a huge upliftment for the surrounding areas of Eikenhof.

Eye of Africa Estate has currently *18 new property listings, according to property24 Trends Data, with the average asking price for the area being R2.992 million. The average sale price per erf for 2021 was about R1 262 500, while Section Scheme Units for the same period is about R1.545 million.

The latest residential listings on 博鱼体育娱乐平台24 show that four-bedroom homes are most widely available, at an average list price of R5.699 million. Sellers in the area fall within the 36-49 years (38%), while 46% of buyers within the same age group fall within 41% - followed by 30% within 18-35 year age group. 

Click here to see all the sale and listing price trends in Eye of Africa

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*博鱼体育娱乐平台24 Listings Data Disclaimer: The trends detailed in this article are based on 博鱼体育娱乐平台24 listings, current at the time of publishing, and property transfer data supplied by Deeds offices, which typically take 3-4 months to reflect. Suburbs are listed according to 博鱼体育娱乐平台24's geographical database. In some areas this will include both commercial and residential properties. The age demographic data of buyers, sellers and stable owners is determined over a six-month period.  These 博鱼体育娱乐平台 Values should not be used as a substitute for independent professional advice and is subject to 博鱼体育娱乐平台24.com Terms and Conditions

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