Dec
2021
Property values in Groblerpark, Roodepoort have been steadily increasing since 2019 which means properties in the suburb are a good investment. The suburb is considered a middle-class residential suburb.
The mixed-use of properties consisting of townhouses, apartment complexes and freehold homes ensures the whole market spectrum is covered. For young couples in the first-time buyers' segment, there are numerous new sectional-title developments which is a major cost-saving way to purchase that first home as buying directly from the developers means there are no transfer fees so that cost can go directly into the bond and shorten the repayment period considerable. These new sectional-title developments also ensure that the architecture in the suburb does not stagnate. The architecture of property in the suburb tends to be more classic conventional interspersed with modern architectural design adding some variety.
Apartments and sectional-title townhouses are evenly priced so the choice is more one of your lifestyle needs and possibly age. Freehold homes are from well-priced to above the R 1,8 mil mark affording this segment the benefit of pricing variety. Investors in the rental market will be sure of stable investments in the sectional-title segment as this is predominately the highest demand segment in the rental market.
The suburb has access to all the major roads and highways connecting to the commercial nodes in Rosebank, Bryanston, Melrose Arch, Sandton and Ferndale along the R24 highway, Christiaan de Wet Drive and the N3 Western Bypass. These same roads connect to industrial townships in Chamdor, Laser Park, Factoria and Boltonia.
Numerous schools are servicing the suburb namely Hoerskool Adelaar, Princess Primary School, Laerskool Roodebeeck and Ridgevale Primary School.
Malls that cater to retail needs and entertainment are Willrogate Shopping Mall, Westgate Shopping Mall, Florida Junction Shopping Mall and Clearwater Shopping Mall.
