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Why property in ‘The Parks’ in Johannesburg is always in demand

24 Jun 2019

Comprising the cosmopolitan suburbs of Parktown North, Parkview, Parkwood and Parkhurst, ‘The Parks’ has maintained its perennial appeal as one of Johannesburg’s most sought-after residential areas.

This three bedroom, three bathroom Cape Dutch-style home in Parkwood, Johannesburg, has light-filled, spacious living areas and beautiful finishes. It is on the market for R4.95 million - click here to view.

The suburbs are known for their trendy and vibrant lifestyle, al fresco dining and excellent location close to prestigious schools, making them the ideal option for families looking for value-for-money homes in a safe environment.

“We have achieved excellent results in our areas which comprise Parktown North, Parkview and Parkwood, selling 60 homes in the past year,” say Byron Thomas and Jonathan Tannous, who were recently named as Pam Golding Properties’ top national agents for 2018.

On a 1 490sqm stand, this home in Parktown North, Johannesburg, has three bedrooms, two bathrooms, a covered patio with built-in braai, pool and more. It is selling for R3.95 million - click here to view.

They attribute their success, despite the prevailing socio-economic challenges that have seen house price deflation in many housing markets across the country, to their “consistent and honest communication” with sellers and their extensive knowledge of the area that allows them to attract and retain clients.

Sales activity in these suburbs has remained consistent in recent years, with home prices starting from R3 million and going up to R11 million.

This three bedroom, two bathroom home in Parkhurst, Johannesburg, has parquet floors, a fireplace, covered patio, built-in braai, pool and more. It is on the market for R3 million - click here to view.

“These well-established suburbs boast a strong sense of community, and offer a range of amenities that include several parks and upgraded public spaces,” say Thomas and Tannous. The agents are also involved in school sports events in the area, and contribute towards the maintenance of the Parkview Library gardens.

This family home on a 1 023sqm stand in Parkwood, Johannesburg, has four bedrooms, three bathrooms, covered patio, built-in braai, lap pool and more. It is on the market for R4.4 million - click here to view.

Lightstone property data also shows considerable interest from younger buyers, under the age of 35, indicating that these suburbs’ prime location near many of Johannesburg’s commercial nodes, including Rosebank, Sandton and the Johannesburg CBD, is also a drawcard.

Popular attractions in the area include the Parkview Golf Course, the Goodman Gallery as well the Johannesburg Zoo and Zoo Lake. Rosebank Mall, Hyde Park Corner and Sandton City shopping centres are a short drive away.

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