Please note that you are using an outdated version of Internet Explorer which is not compatible with some elements of the site. We strongly urge you to update to a newer version for optimal browsing experience.

Lonehill - Gauteng's safe open suburb

11 Jan 2012

Buying property in Lonehill Johannesburg is not about owning a home, it is a lifestyle that appreciates in value and makes for comfortable living.

Ian Loubser, Fidelity Security Services regional manager for Lonehill and Estate Division says the security and safety aspects makes Lonehill an appealing lifestyle place to live in and has a positive spin on any property related investments.

Lonehill is the most sought after property investment location in Fourways, and one of South Africa’s fastest developing commercial and residential hubs in the far north of Sandton according to Wikipedia.

Estate agents operating in the area say what attracts buyers and investors, in what could be described as one of the priciest locations, is that it is one of the safest open suburbs in Gauteng.

Many of its properties are owner-occupied and even in cases where properties are rented out, owners and residents are actively involved in all initiatives to keep the suburb safe and clean.

Fidelity Security Services that guards the safety of Lonehill residents, one of eight suburbs in Fourways is renowned for its zero tolerance for crime and its approach to dealing with security issues.

With the help of its residents who are fiercely protective of their own investments, buyers and investors continue to buy homes in Lonehill regardless of the price tag.

According to PropIQ data freehold homes carry a price tag R3 485 per square metre and the average erf size is 637 square metres.

This one bedroom apartment is on the market for R580 000 - view here

Data revealed the average typical buyer age in Lonehill is 47 years old, 43 percent of buyers were males while 57 percent were females.

With being a sought after location, the average price of a freehold home is R1.9 million and in the report by PropIQ, the average bond was 81 percent of the total price.

Sectional title properties are priced at R9 170 per square metre with units measuring 102 square metres on average.

Buyers in these types of properties are aged 40 with 55 percent male buyers and 45 percent females.

The average bond was revealed to be 85 percent of the purchase price while the average price of a sectional title unit is R920 000.

RE/MAX One Hundred say freestanding homes in Lonehill are priced between R1.8 million and R4.5 million and cluster homes between R1.2 million to R2.5 million.

Area specialist, Mandy Smith says Lonehill has got excellent security and the Lonehill Residents Association (LRA) is made up of owners who take action and responsibility in securing their assets.

For those buyers who cannot afford freehold homes, apartments are priced from R550 000 for a one bedroom and up to R1.6 million for a three bedroom apartment with two bathrooms.

“We see a lot of demand for cluster homes priced between R1.2 million and R1.8 million.”

Smith says a typical cluster home buyer is usually looking for a three bedroom home with two bathrooms, a double garage and a small garden and is prepared to pay R1.5 million.

These family buyers ideally like to be near good schools for their children.

While demand for homes in Lonehill is ongoing, she says the area could do with a spruce up of new affordable cluster developments with prices not exceeding R1.6 million.

This bright, new home has 5 bedrooms en suite and is priced at R5 million - view here

Estate agents' Lonehill properties for sale listed on Property24.com showed prices ranging upwards from R580 000 for a one bedroom apartment which measures 53 square metres and is ideal for starters or investors.

One cluster home, a three bedroom and two bathroom measuring 312 square metres is priced at R2.195 million while the priciest of these listings is a five bedroom and five bathroom freehold house with a price tag of R5 million.

Seeff Properties Sandton estate agents Olimpia Vanderlis and Karin van Schalkwyk say Lonehill is one of the safest open suburbs in Gauteng.

This means they are not enclosed estates such as Fourways Gardens and Dainfern.

The agents explain that LRA appointed Fidelity Security Services whose services extend to most of the town house complexes and clusters in the area.

Since this security company took over, the crime rate has been reportedly declining making Lonehill an appealing location to buy property and live in.

“Because of the many security initiatives, Lonehill has gained a reputation of being a village type environment,” they say.

People in Lonehill feel very safe as runners and joggers could be seen hitting the road while mothers happily walk their babies in trendy prams and animal lovers walk their dogs any time they choose thanks to the street patrollers.

Ian Loubser, Fidelity Security Services regional manager for Lonehill and Estate Division, says the company has taken a different approach to security in Lonehill.

He explains that back in 2000, Lonehill was a Wild West lookalike area, a crime spot of note.

Eventually property owners and residents concerned about what crime levels were doing to their property values sought out a solution in which they didn’t just pay money for the service but chose to monitor the security company.

“Despite minor criminal activities, Lonehill is a much safer place than it was 10 years ago.”

Loubser says the community of Lonehill organised itself by establishing professional and effective community structures that implement and monitor security developments in the area.

This 3 bedroom cluster offering an entertaners' patio overlooking a solar heated pool with immaculately manicured garden is priced at R2 195 000 - view here

A pro-active approach towards crime combating is then followed to encourage community participation and empowers the community to actively be part of fighting crime in the suburb.

“This approach means that our service is driven by community needs, tasked and monitored by the community to ensure competence and delivery at all levels.”

He says Lonehill has a 24-hour day link with six armed response vehicles, two motorcycles, two scooters and 385 security guards within the boundaries of Lonehill, Beverly and Pineslopes.

“This makes Lonehill an appealing lifestyle place to live in and has a positive spin on any property related investments,” says Loubser.

Vanderlis and Van Schalkwyk say an entry level price for a one bedroom townhouse is R500 000 and can cost up to R1.3 million and clusters are priced from R1.2 million to R3 million.

There is a trend in Lonehill where buyers are targeting older homes (aged 15 to 20 years) and then renovating these and in some cases, rebuilding new homes on the large stands.

Huge demand is reported for the homes priced between R1.5 million and R2 million and they say buyers are in their late 20s to 30s with good jobs, some with families while others are starting out.

“The effective, excellent service ensures that Lonehill will always see a good demand for properties,” they say.

According to Windeed statistics the suburb trend indicated that in 2006,  the average price of a freehold home in Lonehill was R1.385 million and 129 homes were sold that year.

The following year in 2007, the average went up to R1.572 million and 242 freehold homes were sold.

Meanwhile, the average price of a sectional title unit was R845 000 and 45 were sold that year. In 2007, the average price went down to R830 000 and 111 sectional title units were sold.

In 2008 when the economic recession hit, freehold homes reached an average price of R1.555 million (172 sold) while sectional title units average price dropped to R790 000 and only 73 units were sold.

The following year in 2008, freehold homes went up to R1.6 million and 168 homes were sold and sectional title average price also shot up to a whopping R950 000 with less units sold (57).

In 2010, freehold homes continued to gain momentum reaching an average price of R1.7 million with183 homes sold, while sectional title remained unchanged at R950 000 and 66 units were sold.

Jason Shaw, Pam Golding Properties manager for Fourways, Lonehill and Dainfern concurs that Lonehill is a village lifestyle suburb which ticks the boxes of what many home buyers are looking for.

He adds that Lonehill is an extremely buoyant area recording a price upswing of approximately 10 percent in value since the 2008/2009 economic recession

Shaw describes Lonehill as a well-lit suburb featuring a nature reserve surrounding the Lonehill Kopje on the northern border of the city suburbs and a picturesque dam with an abundance of birdlife, indigenous shrubs and grassy green park area.

“Lonehill property market is driven largely by its location and the lifestyle appeal that it offers and pricing is lower than Dainfern and Bryanston.”

On buyers in the area, he says the Lonehill lifestyle appeals largely to middle-aged people who buy properties priced from R1.5 million to R3 million with the average price in the region of R1.8 million.

Young adults tend to buy in the lower price range of between R800 000 and R1.5 million.

He adds that Lonehill is an extremely buoyant area recording a price upswing of approximately 10 percent in value since the 2008/2009 economic recession.

There has been a considerable upturn in number of property sales since then with demand almost outstripping supply. – Denise Mhlanga

To view property for sale in Lonehill, click here.

Readers' Comments Have a comment about this article? Email us now.

About the Author
Denise Mhlanga

Denise Mhlanga

Property journalist at property24.com

Print Print
Top Articles
From seaside eco estates to bushveld reserves, if you want to be closer to nature but still enjoy all the perks of modern living, take a peek at these homes…

Umhlanga offers deluxe beachfront property options, but you don’t need a frontline home to enjoy coastal living and excellent capital appreciation.

The MPC announced today that interest rates will be lowered by 25 basis points. The prime lending rate is now 10%, making it a great time to buy property.

Loading

Your browser is out of date!

It looks like you are using an outdated version of Internet Explorer.

If you are using Internet Explorer 8 or higher, please verify that your Internet Explorer compatibility view settings are not enabled.

For the best browsing experience, update to the latest Version of Internet Explorer or try out Google Chrome or Mozilla Firefox.


Please contact our Property24 Support Team for further assistance. Tel. +27 (0)861 111 724