Oct
2020
Norkem Park is a suburb of the Kempton Park municipality.
The suburb is old and well-established and in high demand for its location. Property values fall within the middle-class income group which is the dominant market segment.
The mixed property use which comprises sectional-title townhouses and freehold homes is ideal for the whole market catering for established families, young and first time home buyers.
The suburb is a purely residential suburb which means commercial and industrial hubs are within other suburbs which really relates to a very tranquil and sedate suburb.
All the important amenities are in place like schools and malls which are easily accessable from within the suburb.
Major roads that connect the suburb to surrounding suburbs and amenities are less congested due to the fact that the suburb is residential.
The rental market in the suburb is a strong performer, partly due to the proximity of the suburb to Tembisa. People wanting to upgrade from traditional townships like Tembisa generally do so into suburbs close to the townships.
The surrounding suburbs are a mixture of less affluent and more affluent with suburbs like Van Riebeeck Park, Birch Acres and Birchleigh to mention a few.
Townhouses are well prices within the middle-class sector with prices ranging from the mid R500’s to above the R800 mark thus creating a broad platform to choose from.
The freehold home market is priced from the mid R1.5 mil mark to above the R1.7 mil mark and the architecture will cater for most tastes with conventional and modern designs.
There is a variety of schools catering for the major languages in both primary and high school levels.
Here is a short list of schools nearby;
Norkem Park Primary School
Norkem Park High School
Laerskool Mooifontein
Hoerskool Jeugland
The Industrial hubs of Isando, Isandovale, Jet Park and Olifantsfontein are easily accessable on the major roads and highways.
There are a number of upmarket malls catering for retail needs. Here is a list of some of the malls;
Norkem Mall
Elgin Mall
Festival Mall
Take a tour of the properties on offer in Norkem Park via the Myroof website.
