Real estate group Private Property has published data on the 10 most in-demand property markets in Pretoria, including the median asking prices currently listed among its data.
The group’s data is compiled using search activity and median asking prices of residential properties listings on Private Property’s website for the month of July 2018.
It takes into account asking prices only, and not the prices that houses will eventually go on to sell for.
According to Private Property, Pretoria has been growing in popularity among buyers, particularly upcoming professionals and young families.
However, along with growing popularity, Pretoria has been noted by Numbeo and Expatistan indices as being South Africa’s most expensive city to live in.
But this doesn’t mean that well-priced homes cannot be found, Private Property said, noting that many of the city’s suburbs offer a wide variety for all kinds of people.
The median price of a property in Pretoria is currently at R1.34 million, the group said – these are the 10 most in-demand suburbs, based on the number of views listings on the Private Property website got in July.
The prices listed are the median prices overall, and the median pries for a house, a flat or a unit in a complex.
|Waverly||R1 995 000||R2 200 000||R655 000||R1 750 000|
|Erasmuskloof||R1 950 000||R2 500 000||R695 000||R1 395 000|
|Queenswood||R1 350 000||R1 850 000||R699 000||R907 500|
|Garsfontein||R1 650 000||R1 895 000||R1 080 000||R1 190 000|
|Lynnwood||R2 897 000||R3 700 000||R1 300 000||R1 950 000|
|Rietvalleirand||R2 133 553||R2 531 923||R958 750||R1 295 000|
|Elardus Park||R1 490 000||R1 835 000||R850 000||R1 099 000|
|Menlo Park||R2 550 000||R2 850 000||R1 720 000||R2 300 000|
|Moreleta Park||R1 795 000||R2 380 000||R750 000||R1 290 000|
|Faerie Glen||R1 985 000||R2 475 000||R860 000||R1 390 000|
You can read the full report and descriptions of each neighbourhood on Private Property.