Property values in Turffontein are varied depending on what it is you want to invest in with stable growth according to market trends.
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The suburb is sought after for the property values and proximity to amenities and prices are driven in part by the surrounding suburbs which have a reputation of exclusivity.
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The suburb is well established as it is a reasonably old with all the amenities in place like schools, malls and services.
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This mixture of old and new attracts a larger pool of demand for the suburb as the mixture of property use extends to apartment building which have become high fashion again, large modern family homes and cluster homes for the executives on the move.
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Properties are a mixture of old, restored and new designer homes. The proximity to the amenities could be one of the driving factors in the property values along with the exclusivity.
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Property values are driven by factors like the size and architecture of homes, the same as other residential suburbs.
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The suburb has a good mixture of properties catering for a large spectrum of income groups in the region with apartment buildings, semidetached and freehold homes. The pricing structure is thus the other important factor in driving demand for homes in the suburb.
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Property values are comparable to the rest of the Western Cape properties which means the demand is high due to the various driving factors.
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Being such an old suburb the property values have a steady history due to demand, location and the mixture of property which is freehold homes, apartment buildings and sectional title homes.
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Musgrave slowly developed over the decades and expanded to what it is today - a suburb with properties catering for every need and function from apartment buildings, freehold homes and cluster homes. This mixture attracts a larger pool of intended property owners and in turn drives the demand for property in suburbs like Musgrave.
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