Dec
2017
The greater Houghton was always a sought after region to take up residency for various beneficial reasons such as it accessibility, stable growth in property values, good service delivery and close proximity of amenities like schools, malls and employment hubs.
The aesthetic appeal of the suburb is evident in the tree lined streets, the tranquility and well-maintained homes which all have a lot to offer in their own unique ways thus appealing to a large market. The property usage which comprises freehold homes, apartments and townhouses means there is a selection to choose from for various income groups and family sizes.
Property values indicate the suburbs to a middle-class suburb which means it is the ideal target market for house sales and purchases as this is the market segment where affordable loans are awarded more readily by financial institutions.
The varied architecture will find favour with an equally large market which comprises modern, classic and conventional which ensures a fair degree of demand and thus also lends to a stable and high demand rental market and long term investment market.
Access to commercial hubs like Melrose, Sandton and Rivonia puts the suburb in a central location with the added benefit of access to major freeways like the M1 which connects to the northern suburbs and further down onto the N1 for access to Midrand and Centurion.
Surrounding suburbs like Orchards, The Gardens and Cheltondale draw the spillover and increases exposure to the suburb.
With the extensive upgrades to many of the properties in Rosebank there was also a renewed interest to Hawkins Estate for its slightly more affordable property values.
Important amenities like schools are dotted around the suburb such as King Edward VII School, St Mary’s School and St David’s College which are mostly exclusive schools.
The suburb is almost a shoppers’ haven at malls such as Norwood Mall, Eastgate Shopping Mall, Killarney Mall and even Melrose Arch.
Take a tour of the homes in Hawkins Estate via the Myroof web-site.
