The suburb is a niche suburb that maintains its own identity which means surrounding suburbs or extensions do not impact that much on the median property values.
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Noycedale and many other suburbs of Nigel are in demand due to the relatively affordable value of property but the town itself has a small town charm which also seems to appeal to the younger generation.
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The age of the suburb is recorded in the architecture but there is also the indication of progress as there are a number of modern architectural homes which further enhance the appeal of the suburb as a residential address.
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Tree lined streets and manicured sidewalk speak volumes to the pride that the residents take in the suburb. One only need take a ride through the suburb and one soon gets the sense that home owners love their homes, lush green lawns and beautiful display gardens to sample, block by block. The architecture is a mixture of conventional classic to some more modern which then caters for the whole market from pensioners to young couples and young professionals.
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Glenmarais is a well-established and highly sought-after suburb of Kempton Park on the East Rand. The suburb is known as a middle class suburb which is very much reflected in the property values.
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The reasonable affordability of homes in the suburb means there is a high degree of demand which is also driven by the suburbs location. Affordable property should be viewed as the ideal entry point into the property market. The demand for affordable property has created a stable market with a broader buyer’s base and, by the same token, the tenant market in this sector is larger than the middle to high income market.
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The suburb has been re-developed and is now a middle to upper-class income suburb, with exclusive homes with prices from the mid R500’s to the R1.8 mil mark. The architecture which is modern, sets a standard for surrounding suburbs and is an attraction of the suburb.
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The mixed property use is another advantage and investment prospect of the suburb with a number of commercial properties that could be converted to sectional title residential use.
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The mixed property use which comprises apartments, clusters, townhouses and freehold homes caters for the whole buying market and ages. Townhouses will suite first time home buyers and buy-to-let investors as the market segment has a high demand with good returns with a large selection of property to choose from.
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The mixed property use which comprises townhouses and freehold homes is a major benefit to the suburb in general as this increases the market platform of the suburb catering for first time home buyers in both the sectional-title and freehold homes market with the reasonable affordability in mind.
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