Even at the high property values of the suburb there is also a huge demand for rental property in the market with foreign executives working in the commercial hubs of Rosebank, Rivonia, Sandton and Hyde Park. Thus the prime location of the suburb is utilized to its full potential and this factor further add to the high demand homes in the suburb enjoys.
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The architecture in the suburb tends more towards the modern end and this generally means it is a younger investor or young families residing or renting in the suburb. The mixed property usage of the suburb comprises townhouses, clusters and freehold homes of all sizes and this also means the rental market is in high demand.
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The suburb of Sea Point has for a long time been the haven for tourists both in and out of season. The mixed property usage of the suburb comprises mostly apartments facing the seafront and beaches with the boardwalk from Sea Point to Green Point.
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The suburb is classified as an exclusive suburb as is indicated by the high property values. The are many features to the suburb which are beneficial and add to the general value of the properties like the fact that the suburb is located on rolling hills on the northern side of Bellville, easy access to amenities and the views the homes offer.
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Property usage in the suburb consists of freehold homes, apartments and townhouses and the demand the suburb enjoys springs from factors like the utter tranquility and stable growth in property values. Tree lines streets and well-maintained roads speak of pride and this is echoed in the manicured and lush tree rich gardens which translate to a sense of community and family. The rental market in the suburb commands a high degree of demand due to its prime location and for investors this is the ideal market segment to consider as an investment.
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Rondebosch is classified as middle to upper-class suburb with a mixed property usage which comprises apartments and freehold homes. The fact that many of the homes are located higher on the slopes of Chapman’s Peak gives them a vantage point over to the north and also adds to the dramatic architecture.
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The mixed property usage in Parktown North comprises commercial property, freehold homes and apartments. Because it is such a mixed vibey young culture that flock to the suburb it has brought with it the demand from this young executive culture a need to find exclusive homes in the suburb.
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The attraction to the estate and suburbs is also driven by its central location as you could almost walk to the office, access to major roads like Oxford Road, the M1 north and south and 11th Avenue east and west, access to the Gautrain Terminal in Rosebank, schools and malls which for part of the estates needed infrastructure.
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Like its neighboring suburbs Melrose is an affluent suburb with palatial homes and breathtaking architecture and wise use of land. Property usage in the suburb is diverse which consists of freehold homes, apartments, cluster homes and townhouses. None of the properties are inexpensive by any definition of property values but the location, up-to-date architecture, growth in property value and surrounding amenities make up for this.
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Property usage in the suburb consists of freehold homes, cluster homes, duets and townhouses. For people starting out in the property market townhouses and clusters would be an ideal staring point with slightly lower values but offering stable growth in value and for resale their value is supported by the high degree of demand for homes in the suburb in general.
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