The suburb is still expanding which is a good indication as to the degree of demand for homes in the suburb and with the number of small holdings this adds to some degree of exclusivity of the suburb when viewing the homes individually.
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The mixed use of property in the suburb comprises commercial, industrial and residential property. Residential property comprises sectional-title and freehold homes with a varied pricing structure which caters for a large income group.
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The family homes are in the upmarket income range with a strong demand and stable growth indicating a stable market all-round. The architecture will suit a large market with conventional and modern designs.
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The rental market is performing strong and the sectional-title homes will suite investors in the holiday residence market and the general rental market due to the location of the suburb to the beach front, commercial and industrial hubs. The suburb is also favored by retirees due to the fact that it is a tranquil suburb even in peak holiday seasons.
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The suburb will serve well for investors in the letting and holiday rental market due to the suburbs proximity to nature reserves and other tourist attractions the Western Cape has to offer. And being the Western Cape means the stream of tourist is constant.
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The suburb is well-established with new developments under construction on a regular basis in both the freehold home and sectional-title townhouse sectors which is in itself a good indication of the demand for homes in the suburb.
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With demand increasing across the spectrum of property use there is also a rise in property values which equates to an increase in property values in general. The other appealing factor of the town is the fact that the town is located in pristine bushveld which makes it an ideal tourist destination for those who love the outdoors or nature in general.
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The rental market is as stable as towns across Gauteng with the same driving factors in those larger cities. There are also eco and lifestyle estates which is a good indication of the growth in the town and region and stability within the market.
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One of the main features of the suburb is the Krokodilrivier and the Magaliesrivier that merge before the suburb which is a major factor in driving property values and demand to put the suburb in the middle- to upper-class income brackets. Properties are exclusive as many of them offer a view over the dam and surrounding country side which is the perfect bushveld and tranquil setting.
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Meerhof in the Northwest Province is one of those rare gems of a suburb which is set in a tranquil almost bushveld setting with lush trees and the water’s edge of the Swartspruit.
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