Property in Nelspruit (Mbombela) is (arguably) the most popular real estate choice amongst purchasers of property in Mpumalanga.
As an economic hub for the region, employment opportunities in Nelspruit have increased, and this, together with its attractive climate and surrounding tourism hotspots have further added to its appeal with Mpumalanga property investors.
Recent growth trends are reflected in the Nelspruit property make-up with around 30 percent of the Nelspruit property market now being made up of sectional title housing (townhouses, flats, apartments etc) and the balance being in the more traditional freehold Nelspruit houses as well as an increasing amount of cluster style properties.
Nelspruit Home Demographics
From a demographics perspective, the movement on Nelspruit houses for sale in terms of age groups makes for interesting reading. According to the latest FNB Nelspruit Property Barometer, the majority (over 50%) of buyers of property in Nelspruit fall into the 36-50 age group with another 45% coming from the 31 – 35 bracket. The categories of 56-60, 61-65 and over 65’s make up another 30% of the purchaser of Nelspruit property.
The trends on (sold) houses for sale in Nelspruit show that a third of the departing sellers are over 65 years of age and a similar number in the 41 – 45 age brackets.
Registered owners of property in Nelspruit bands shows a “mixed bag” with ownership of both section a title and freehold properties in Nelspruit being widely spread across the age groups.