Located in Midrand Gauteng, Kyalami Business Park is in a prime location as it offers direct access to all the major routes to the four compass points in the country, and access to the OR Thambo airport.
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Freehold homes set the benchmark for property values which influence the sectional-title segment ensuring stable growth in both segments. This bodes well for the prestigious homes in Miramar as there is a lot of stock in the suburb. The middle-class income group, in turn, want value for their money and Miramar offers this to the market too.
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The suburb is aimed at the middle lower-income groups and in this price-class, the property values indicate steady growth since the suburb is a stepping stone for some residents that will upgrade later in life to more affluent suburbs or as their income increases and other suburbs become more affordable. First-time buyers find value in the property of the suburb which is attributed to the growth in value.
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The architecture of homes in the suburb is a treasure trove with a mixture of Edwardian, Art Deco and Victorian architectural styles to choose from. This offers renovators an opportunity to go back in history and restore homes to their former glory and if sold these homes fetch their value on the sales market.
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Providentia is middle to the prestigious residential suburb of Port Elizabeth and has a mixed usage consisting of freehold homes, apartment complexes and sectional-title townhouse complexes.
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The property usage in the suburb appears to be predominantly apartment complexes, townhouses and some large executive properties. This mixed property usage attracts the whole market which in turn ensures stable growth in property values. Apartments are a source of investment for the rental market as the suburb is close to Nelson Mandela University. Thus, investors are guaranteed a steady stream of students seeking affordable accommodation. First-time buyers also flock to the suburb because apartments have a broad pricing spectrum and an almost certain increase in value.
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The suburb is in a prime location which is a factor to consider given the cost of fuel but also the convenience of short distances and time spent in congested traffic. The suburb is close to all the major commercial and industrial nodes, schools and malls.
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This is an affluent established suburb that showcases modern architecture mostly found in residential and lifestyle estates. Overlooking the tip of the Indian Ocean is one reason for the property values and the Port Elizabeth International Airport is also situated in the suburb, adding convenience for business travel to other regions of the country
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Springfield is a middle upper-class residential suburb of Port Elizabeth which attracts the whole buyers market and this is due to the property make-up. The property usage consists of apartment complexes, duets, sectional-title townhouses, freehold homes, vacant stands and cluster homes.
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Lochvaal is situated on the banks of the Rietspruit Dam which flows into the Vaal River. Being situated on the water's edge is in part where the property values stem from then, of course, the homes are a mixture of classic contemporary, modern and a variety of typical farm and homestead architectural designs.
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