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Property for all budgets in ‘the Robins’ in Joburg

21 Jul 2016

Densification may be the property watchword in Johannesburg, as the sprawling metropolis grows to accommodate increasing numbers of younger investors.

Situated in Robindale, this house offers four bedrooms, two bathrooms, open-plan living areas, a thatched entertainment area, one bedroom flatlet and a carport for four cars. It is on the market for R2.7 million - click here to view.

Savvy buyers, however, are still looking to long-established suburbs for their primary homes because these still offer a traditional sense of community. 

This is evidenced by the fact that almost 50% of property owners in Robindale and Robin Hills have owned their properties for 11 years or more, and it’s also one of the main reasons that the markets have remained consistently active over the last decade and maintained momentum during the current credit crunch. 

According to Shaune Swart, Area Specialist for Lew Geffen Sotheby’s International Realty, the suburbs also quickly recovered lost ground post-2008. He says by 2010, both suburbs were back to achieving top prices and, although the prices could dip imperceptibly, he doesn’t foresee the market changing much in response to the current economic downturn. 

Swart says the majority of investors who buy in these suburbs now are the same profile as the past decade - young families that are drawn by the area’s convenient location, proximity to good schools, stability and excellent value, and they tend to stay until their children finish school. 

In contrast, he says most of the sellers are empty nesters and retirees. Younger sellers are usually families that are emigrating or relocating within South Africa

This Robindale home has five bedrooms, three bathrooms, a modern kitchen, fireplace, built-in braai, an indoor and outdoor pool, and double garage. It is selling for R3.499 million - click here to view.

Both tree-lined suburbs are well organised and tranquil residential areas, with little commercial activity, although they’re perfectly situated to offer easy access to the amenities in Sandton and Randburg, where many of the residents work.

“Robindale and Robin Hills also offer a broad selection of property options at accessible prices to suit all budgets and requirements," says Swart.

"Almost 95% of the homes in the more upmarket Robin Hills are freehold, while first-time buyers will find excellent entry-level options in Robindale, where 46% of the properties are sectional title. Here, a one bedroom apartment can be bought for about R650 000."

Swart says Robindale is the larger of the suburbs, and houses here are typically the standard three bedroom, two bathroom home that sells for between R1.8 million and R3 million. 

He says in Robin Hills, the entry- to mid-level homes and prices are much the same, but the upper-end of the market has a higher ceiling and offers more luxurious homes that are priced up to R5 million or R6 million. 

Although the lower end of the market is by far the most active, Swart says Robin Hills is home to Valley Road, the original millionaires’ row in Randburg, as well as three gated roads with larger homes that offer more privacy and better security. 

Situted in Robin Hills, this house offers five bedrooms, three-and-a-half bathrooms, pool and braai area, undercover patio and double garage. It is on the market for R3.5 million - click here to view.

Lew Geffen, Chairman of Lew Geffen Sotheby’s International Realty, says although the Robins have always been popular family suburbs, their appeal has been boosted dramatically in recent years as the spiraling traffic congestion on Johannesburg’s main feeder arterials has increasingly influenced buyers’ decisions. 

Geffen says they’re also seeing a growing number of investment buyers who are attracted by Robindale’s flourishing sectional title rental market where, according to Lightstone, 35 apartments changed hands during the past 12 months with a combined value of just under R33 million, at an average sale price of R940 486.

“The middle-market price band of R800 000 to R1.5 million was the most active, with 20 transactions. Thirteen apartments were sold in the entry-level bracket of R400 000 to R800 000, and two apartments sold in the upper R1.5 million to R3 million price band.”

No sectional title units were sold in Robin Hills during the past year, he says. 

According to Swart, although these two suburbs dominate the Robins, they’re actually part of a trifecta - even though the youngest kid on the block consists of only three roads. He says Robin Acres comprises 100% freehold homes, with prices ranging between R1.8 million and R4 million. 

The main reason these sought-after suburbs have been able to maintain their appealing leafy residential atmosphere is that they’re conveniently located close to a range of commercial and recreational amenities that have developed in neighbouring suburbs. 

Nearby Brightwater Commons and Cresta Centre offer a myriad of retail and entertainment options, and sports enthusiasts have a choice of three Virgin Active gyms and the Randburg Sports Complex which offers baseball, soccer, tennis and hockey.
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