Nov
2021
The well-established or rather, old suburb of Eloffsdal set on the southern slopes of the Magaliesberg Mountains, does not lack nostalgia. Driving through the suburb and looking at the apartment building the blue hard face bricks hark back to the late 1950s to early 1960s and the metal kick plates lining the bottom of lounge windows. That was an era when it was highly fashionable to own an apartment. It was a lifestyle for those who had a statement to make, be it fashion or wealth.
The return of apartments as a fashion statement is the best thing that could have happened to this tranquil familial suburb. Though the demographic has changed slightly over the years the apartments now serve the same purpose and then one can add the value for money the freehold homes offer buyers. The suburb caters to first-time buyers, pensioners and the younger generation that are finding their feet in the job market. For this income group, a location is utterly important as travelling expenses are possibly the first criteria this younger generation will consider in deciding on which suburb to invest in. This is where all the benefits of living in Eloffsdal are most noticeable.
The freehold homes are a register of architectural progress from homes dating back to the turn of the century to the modern vernacular that is setting the trends in today’s market.
One may find that homes in the suburb are passed down from generation to generation which is an indication of the importance of a family environment in any suburb.
The suburb may also be medical student residence haven as it is close to the Steve Biko Academic Hospital and naturally to study medicine is almost a lifetime commitment which is why one will find many students investing in property in the suburb as a means to build a homeownership history for later in life once their studies have been concluded and its time to sell their long-term investments at a profit.
Numerous schools are servicing the suburb and there are also numerous upmarket malls which residents have access to.
