Feb
2019
The suburb of Petervale is part of the greater Sandton.
From property values it can be ascertained that Petervale is a middle to upper-class suburb with a mixed property usage.
Petervale is a well-established suburb with the added benefit of some of properties being either renovated or new developments have been undertaken. This is a good indication that property in the suburb is in demand and will in turn have a stable growth in keeping with market trends for the greater Sandton.
The service delivery to the suburb is a good indication that infrastructure is well managed and that residents are actively involved in maintaining the status of the suburb.
Tree lined streets and groomed pavements are aesthetically appealing and inviting and sets a general standard for the homes in Petervale.
The mixed property usage in the suburb consists of freehold homes, cluster homes, townhouses and apartments with an architecture of a mixed nature which will appeal to various age groups. This is also a benefit as the newer townhouse developments are sought after for the convenience and low maintenance and security.
Some of the newer security estates in the suburb push the status of the suburb higher and attracts the executive market to the suburb and serves well for younger families entering the exclusive market.
Freehold homes are in a somewhat niche market catering for the well-heeled families with the demand for the exclusivity.
The demand for homes in Petervale stems from its status and its prime location as Sandton and the extensions are greatly reliant on the commercial sector for sustainability. Thus there are commercial hubs like Rivonia, Buccleuch, Sunninghill, Woodmead, Bryanston and Sandton all within easy access on the many major and minor roads.
The suburb is served by a number of reputable schools such as Michael Mount Waldorf School, Brescia House School and British International College.
Retail needs that form part of the suburb are catered for with malls such as Nicolway Bryanston, Cambridge Crossing and Rivonia Village.
Take a tour of the homes in Petervale, Sandton via the Myroof web-site.
