Jul
2020
Lambton is one of the suburbs in Germiston, which like its neighbours is highly sought after. There are factors like its prime location, vast mixed property usage and stable average median growth value. Forming part of the greater Ekurhuleni Municipality means all the respective industrial nodes are within easy access and then naturally the respective commercial nodes too.
If all the major realtor companies converge on a suburb, there must be a demand and a buoyant lucrative property market. This is a current development in the market place in Lambton which bodes well for residents and intended residents.
With most of the freestanding home set on large grounds, measuring between 1000 m2 and up to 2000 m2 is the perfect sized grounds for families to raise children.
These large stands leave a lot of room to do home improvements but it is always good to have an idea of what the average median property value is and the most effective way to do this is to take a drive through the suburb and gauge what similar properties are being sold for, not marketed for, as there is always a difference in marketing and actual sales value. This will reduce the risk of overcapitalizing and still have a dream home.
For renovators, Lambton also offers some period homes which will sell for a comparable market value once renovated.
The property usage in Lambton consists of freestanding homes, townhouses and apartments which assure a competitive overall market share for the suburb.
The architecture tends to be a mixture of conventional and modern which affords home owners a wide selection of property designs to choose from.
Being well-established affords Lambton has access to established reputable schools namely St Catherine’s School, Colin Mann Primary School, Afrikaans Hoër Germiston and Lambton Christian School.
There are numerous malls catering for retail and entertainment needs close to Lambton namely Lambton Square, 280 North Shopping Centre and East Rand Mall and for more outdoor entertainment, there is always The Harvard Café at the Rand Airport which often hosts air shows.