Finally, we are seeing a 10-year sales price high for 1 of the Suburbs in Randburg, and there will be more to come. With the market a little stuck and with Property Owners wondering what’s next with all sorts of things, there is an area that sticks out so nicely for property growth over the last 10 years.
Randburg is still known as the Sandton Sibling
Known because Randburg is Sandton’s sibling, but it is true, and you can buy more value here for a fraction of the cost. Randburg is the area in the middle that links all the areas of Johannesburg, the North, the South, the East and the West.
So, Which Area Has Shown the 10-Year Sales Price High in Randburg?
At a valuation a week or so ago, I was delighted to point out to a seller in the area just how great the graph looked for sales prices in Malanshof, Randburg. For Freestanding Malanshof properties, we are seeing the highest sales prices in a 10-year period. A significant observation and one I support based on what I know about the area and its proximity to all the amazing amenities in the area. I just love Malanshof for its location and easy access to all the major traffic routes.
Why the Growth?
I would go so far as to say Malanshof has always been a well-kept secret, but it’s no longer the biggest secret in the Randburg area. The freestanding homes have larger stands, and the older homes have bedrooms that are bigger. Older homes also mean it took longer to build these homes, and these are well-built homes on big stands. The proximity to some of the best schools, English, Afrikaans and Christian schools is a gam changer as well.
Looking At This Beautiful Graph – What Do We See?
Firstly, the 10-year high applies to Freestanding homes in the Malanshof area. We are also seeing significant sales growth and a 6-year high for Sectional Title Units in the Malanshof area. If you would like to view the full report from the Lightstone Suburb Report for the Malanshof property market, click here.
The 10-Year High In More Detail
Here is a more granular view showing Malanshof property sales over the last 3 months and over the last 12 months. The graph provided above shows this detail, but over a 10-year period. The last 12 months have really shown a nice turnaround, and the areas around Malanshof will start to attract highs as well, and it’s all because of the convenience of the location within Randburg. Click here to view the Lightstone Suburb Report.
More Info For The Malanshof Property Market
Malanshof has been anything but quiet on the property sales side and the recent sales over the last 12 months have done well to lift Malanshof to a 10-year high for property sales prices. The Malanshof Sectional Title prices are averaging at R1,664,875 and a Freestanding Malanshof home shows an average sales price or R2,297,142. Call Sandy on 083 550 1220 if you would like to see what your Malanshof property is worth.
Is It Time To Sell A Property In Malanshof
Typically, there are two types of homes in Malanshof. Older homes that have been well-maintained and upgraded over time, and older homes that need a bit of TLC. There is a strong market and keen buyers for both. If you do have plans to consider selling your property in Malanshof, call Sandy on 083 550 1220 for a no-strings-attached property valuation.
Perfect Property Marketing and Property Showcasing
Showcasing a property perfectly is absolutely vital. Knowing the area is essential, and being able to leverage buyers is the most important of all. At Cornerstone Homes, we are here to provide you with an honest, reliable property sales solution that does all three and honours you with a sale at the very best price in the current market. Selling your biggest asset is a big deal, and we would love to make you a top priority in our world. Call Sandy on 083 550 1220. Visit our Website for more info.