From the outset the suburb attained a highly prestigious status and this is due to the ultramodern generously sized homes and in part due to the views of the Atlantic Ocean on offer. Property values are way above the R10 mil mark and vacant land will fetch in the region of R5 mil depending on placement within the suburb.
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The general architecture in Cinderella is perfectly mixed which means a broad spectrum of buyers will find a home to cater for their taste and this would naturally also be a determinative factor in capital layout or purchase value. The diverse property usage in Cinderella consists of freestanding homes, townhouses and apartments which caters for a broad income spectrum. So, first-time buyers, start-up families and established families make up the demographic of the suburb.
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The diverse property usage in Dawn Park caters for a broad income spectrum from first-time buyers to established families and the new sectional title townhouse and apartment developments are the largest or possibly the most competitive market currently due to the income spectrum they cater for and their reasonable affordability and quick resale and growth in value.
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The mixed property usage in Parkdene is well-balanced and with the number of newer security estates and some lifestyle estates indicates that demand for homes in the suburb are high. The mixed property usage consists of freestanding homes, apartments, townhouses and then the homes in estates which all make up a strong average median property graph which shows a steady growth. The pricing structure of property in Parkdene puts it in the middle to middle upper-class segment giving the suburb a broad demographic from first-time buyers, single persons, medium and established sized families.
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Fresh modern eco-friendly or even green homes set the trend and of course, apartments draw from this modern approach to provide buyers a high standard of interior fittings and accessories with the benefit of drawing from the average median value of freestanding homes in the estates to yield a buoyant market for first-time buyers and young couples.
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The mixed property usage is another factor which appeals to the buyers’ market as property usage consists of freestanding homes, townhouses and apartments. Single persons, young couples, medium sized families and established families will find a home to cater for their needs and then there is also a diverse architecture in the suburb consisting of conventional to more modern architecture.
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Due to the age of the suburb, there is a vast distinction in architecture ranging from typical period homes from the inception of the town and suburb and then a steady progression as fashion changed to the modern architecture of today. Of course, age determines a part of the property value which is indeed reflected in the sales values of individual properties. This gives the suburb a very broad average median pricing curve and at the same time draws a broader spectrum of buyers of all classes within the middle income to upper middle income groups.
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Young couples that are not yet in the position to afford substantial bonds will find that there are apartments and townhouses that will suit their pocket and taste and likewise expanding families will find homes to suit their specific needs.
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Single professionals, young married couples, established families and pensioners enjoy the tranquil lifestyle the suburb has to offer and there is a sense of pride in the suburb which one can see when taking a drive through the leafy roads and tidy sidewalks and manicured gardens.
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Lambton is one of the suburbs in Germiston, which like its neighbours is highly sought after. There are factors like its prime location, vast mixed property usage and stable average median growth value. Forming part of the greater Ekurhuleni Municipality means all the respective industrial nodes are within easy access and then naturally the respective commercial nodes too.
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