Feb
2022
Cosmo City, West of Johannesburg within the Roodepoort Municipal District, is a diverse residential property market. On one end you have the vibrant professional upper-class residential property and the middle-class, consisting of middle to lower-income households. The property usage is mixed and this is the factor that determines the general pricing structure of homes in the suburb.
The suburb has expanded to such a degree that it has extensions thus further creating demand for residential property in the suburb.
The suburb is in a prime location with access to all the major industrial and commercial precincts with Malibongwe Drive transecting the suburb and joining up with Witkoppen Road. The N14 Dual Carriageway is within easy access to connect to Centurion.
The architectural styles in the suburb are as diverse as the demographic of the suburb. Some styles cater to the middle-class the consists of classic conventional and the accepted Tuscan designs and this spills over to the prestigious end of the demographic and then in this segment there are the luxurious modular designed homes and modern contemporary styles. Naturally, the architecture is a contributing factor in the pricing structure of property values.
In the suburb, there are not clusters of wealthy and middle-class, the market is spread evenly within the suburb that creates an exceptionally stable market as buyers viewing homes will be exposed to a balanced selection of homes for sale. The makes selecting the next dream home a more educated endeavour.
The infrastructure in the suburb is established and there are numerous public and independent private schools servicing the suburb like Meridian Cosmo City Independent School, Cosmo City West Secondary School, Blue Eagle High School and Far North Secondary School. Malls that cater for retail and entertainment are Cosmo Junction Mall, Cosmo City Mall and Kya Cross Mall.
