The residential areas of Ruimsig and Helderkruin, to the west of Johannesburg have grown in popularity with buyers.
This home in Ruimsig has five bedrooms, three bathrooms and an open plan kitchen, lounge and dining area, as well as an indoor pool and pizza oven. It is on the market for R8.385 million - click here to view.
This is according to Tony Clarke, Managing Director of the Rawson Property Group, who says both areas offer excellent value and there are no signs of a price rise in either area as yet.
Both suburbs are about 15km from the Johannesburg CBD and are conveniently sited in relation to Randburg, the Sandton business district and the various West Rand industrial nodes.
They also form part of greater Roodepoort, which sprang up in response to a short lived gold rush in the 1880s.
Rawson Properties franchisee, June Steven says Helderkruin, which has 10 000 houses, is the more historic area and some of the homes date back to the 1970s. She says at the moment, their team of 11 agents in Helderkruin is achieving six sales per month in a wide price range – from R450 000 for a small apartment to R4 million for a double storey home on a stand of 2 500 square metres.
The average home in Helderkruin is sold for R1.2 million and particularly good value is currently obtainable in the R1 million to R1.8 million bracket. The same homes, if sold in Bryanston, Fourways or Sandton would cost double, says Steven.
This five bedroom, four bathroom home in Ruimsig has landscaped gardens, stunning water features, spacious living areas, as well as a heated swimming pool and a gym. It is on the market for R 7.499 million - click here to view.
In Ruimsig, most of the development was initiated in the last 15 years and this is therefore a much newer area. The homes here tend to be more upmarket and more ‘yuppie’, she says. Prices are from R600 000 for an apartment to R8.5 million for a double storey house.
The average price in Ruimsig is R1.6 million and Steven affirms that once again, real value is being offered. Her team of agents in Ruimsig is achieving fewer sales than in Helderkruin, but the value and the commissions are higher.
“Potential buyers considering these areas have to realise thatsince the downturn that followed the 2007 peak, prices in Helderkuin and Ruimsig have not risen by more than 1 or 2 percent - if that,” she says.
This means that, allowing for inflation, homes are priced at 20 to 30 percent below their previous values. "This is a huge and significant discount by any standards and I am fairly confident that these rock bottom prices will not last for much longer. Those who do not buy in the next six to 12 months will, I believe, find that the really good value homes have all been snapped up,” Steven says.
This four bedroom, three bathroom house in the Helderkruin Hill area has 24-hour security controlled access. It also has a large kitchen with a walk-in pantry and a swimiming pool in the landscaped garden. It is on the market for R2.395 million - click here to view.
When asked why buyers should be looking at Helderkruin and Ruimsig, apart from the affordable prices, Steven says the two areas are extremely attractive, as they are separated by a 200 metre high mountain ridge, both to a degree, are hilly and semi-rural and homes on the ridge have amazing views, stretching out to the Magaliesberg mountains.
“Residents living here tell me that they feel they are not living in a typical Johannesburg suburb," she says. Both areas have nature reserves, botanical gardens with walking trails, lakes, dams and many open areas.
There are close to 600 species of plants in the Walter Sisulu Botanical Gardens and they are home to a pair of breeding Black Eagles. Over 120 bird species have been identified in the Kloofendal Nature Reserve and 230 species in the Botanical Gardens.
Steven says both suburbs have good private and government schools and the Monash University (an offshoot of its Australian parent) is sited in Trés Jolie. Trinity School has opened a Chapter in the Little Falls area, starting with a primary school and a senior school to follow. The area also hasthe Ruimsig Golf Estate bordering the Roodepoort Country Club, where not only golf, but other sports are catered for.
Residents will soon be able to lay claim to having what many would consider to be the best retail facilities in South Africa: Cradlestone Mall, which is due to open in 2013 and will have 230 shops, including Pick n Pay and Checkers. The Clearwater Mall has also added 70 new stores, making it the premier shopping destination in the North Western Suburbs.