16
Nov
2020

The massive upgrade of the R950 million Springs Mall at Blue Crane Eco Park has had an influence on the property market of the greater region. The development of the mall has now brought retail and entertainment to the greater region and thus also exposed homes in the suburbs as viable investment prospects.

Casseldale is one of the suburbs of Springs which could be categorised as a middle-class mixed property usage residential suburb which consists of freestanding homes, townhouses and apartments.

This mixed property usage is always a good factor that brings balance to any suburb’s pricing structure as it affords a greater income spectrum the opportunity to invest in a suburb like Casseldale. This sentiment is also echoed in the median property price graph which shows a steady increase. The “middle-of-the-road” property values are the largest market segment which does not mean there is no value for money.

Tree lined streets and manicured sidewalk speak volumes to the pride that the residents take in the suburb. One only need take a ride through the suburb and one soon gets the sense that home owners love their homes, lush green lawns and beautiful display gardens to sample, block by block. The architecture is a mixture of conventional classic to some more modern which then caters for the whole market from pensioners to young couples and young professionals.

The benefit of residing in Casseldale is the fact that there are schools, clinics, medical practitioners, and private and government hospitals, commercial and industrial hubs, all within easy access.

Schools near to Casseldale are Strubenvale Primary School, Veritas College Springs and High School Dr Johan Jurgens.

Industrial nodes forming a major part of the household income for residents are Nuffield, the various mines, New Era and Vulcania.

Of course, the new mall is on the doorstep but there are alternative malls nearby such as Springsgate Shopping Centre, The Avenues Shopping Centre and Mall@Carnival Shopping Centre.

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