Surrounded by popular exclusive suburbs means Cresta is highlighted as a prime family oriented suburb with tree lined streets and well maintained public parks and spaces.
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The region of Randburg is known as the “Garden City” due to the lush dense trees in the suburbs and this is true of Ferndale which has tree lined streets and many homes sport designer gardens. The suburb is by association in high demand and it is further driven by its prime location and stable growth in property values.
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The list of benefits to living in Houghton Estate is endless. A high degree of demand, exclusivity, spacious homes and grounds, amenities and access roads leading to amenities are but a few of the benefits. The property values today keep trend with the market influences. The estate is access controlled and this factor also adds to the general property values and adds to the exclusivity of the suburb.
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Demand for property in the suburb stems from its proximity to the major industrial hubs and also stable growth in property value which is in fact equal to market norms. For this reason the buy-to-let market is stable too.
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The mixed property use is diverse with freehold homes of all ages, town-house complexes which became the fashion in the 80’s and 90’s with a more modern architecture and clusters of every design and size. This mixed use also caters for a larger market and age group with a few opportunities of commercial properties in the form of guest houses presently on the market.
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There are a few tourist attractions close to the town which if planned properly means a Guest House could be a diamond amongst the gold.
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For first time home buyers the suburb is ideal in this regard with values ranging from the mid R500 mark to above the R1.2 mil mark. Attaining bonds in the suburb falls within the same criteria as any other suburb in Gauteng and South Africa.
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Marais Steyn Park is a well-established middle class suburb located on the East Rand. The suburb is part of the Ekurhuleni municipality and is one of the more sought after suburbs near to Edenvale and the Royal Johannesburg and Kensington Golf Club.
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The suburb can be described as quaint with older homes and their typical old world charm of brookie-lace caped front porches and large sweeping bay windows. It is idyllic and has a sense of tranquility that is not often enjoyed in suburbs so close to major industrial hubs. The tree-lined neat streets speak of a well kept middle-class suburb with a predominantly freehold home property use.
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The mixed property use of the suburb caters for a large market from apartments, clusters, freehold homes to townhouses. This has created a varied pricing structure in the suburb and will suite single people, small or young families as well as already established families.
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