Where is Glenvista?
Located in what is considered the “new south” of Johannesburg, you’ll find the affluent suburb of Glenvista.
The area is bordered by Mulbarton on the south, Glenanda to the north, the Klipriviersberg Nature Reserve to the west and Meyersdal Nature Reserve on the east.
This sought-after area has experienced phenomenal growth over the last few years. Recent developments as well as continual upgrades to existing properties have also seen the area become one of the most sought after locations for buyers in and around Southern Johannesburg.
What are some of the advantages and unique community benefits Glenvista Property residents can look forward to?
Recreation and outdoors -Unlike many of the other suburbs around Johannesburg, Glenvista plays host to blissful natural surrounds with beautiful flora and fauna. The suburb in fact is interestingly positioned in the picturesque natural valley formed by the ever-enchanting Klipriviersberg Mountain Range.
This makes for delightful views, sights, scenes and entertaining activities in every direction for property buyers fortunate enough to own a slice of real estate in this prime locale.
Comfortable living and commuting -The suburb is not as densely populated as more concentrated parts of Johannesburg – giving to more privacy and exclusivity, ideal for a secure and comfy family lifestyle.
Commuting to the CBD or surrounding areas is much easier without having to endure typically gridlocked traffic, synonymous with city life.
Range of amenities - Glenvista also offers access to a selection of amenities and services in keeping with convenience and a high quality of living; these are just a few below.
Education - Schools in the area include Glenvista High School and Harvest Christian School among other respected educational facilities.
Healthcare - The fully-fledged Netcare Mulbarton Private Hospital is situated only a few minutes away, in the neighbouring suburb of Mulbarton.
Shopping - There are several superb shopping centres in and around the suburb, which cater to virtually all consumer needs; one of the most prominent being The Glen with its plethora of retail store options and variety of brands. Nonetheless, for specialist requirements residents also have the option of making the short trip to the CBD, Alberton or other neighbouring towns for instance.
What do properties in Glenvista sell for?
Glenvista’s property market has experienced remarkable growth whilst providing stability to homeowners in terms of freehold or full-title and sectional title / scheme properties.
Freehold: According recent Lightstone Property Reports,the average price of freehold properties is R 1, 920 000. This average has been on a favourable rise since the economy has started to swing upwards post recession.
This means that not only will homes in the area continue to hold excellent value into the foreseeable future, but residential buyers and investors alike can anticipate healthy ROI’s.
Sectional Title Units in Glenvista: Similarly to the freehold real estate prices, the average price of sectional title property has also been growing steadily over the last few years. The current average price is just over R 1, 000 000 which is more than double what you would have paid in 2004 as per Lightstone reports.
Market trends: The Glenvista property market offers a wide selection of properties and although these are generally larger in extent - buyers will find different sized homes and apartments catering for wider budgets. Families, couples, working individuals and investors can all expect great value for money when opting for a portion of prime Glenvista real estate.
All signs point to a steadily growing property market in the Glenvista area. Stable and sustainable growth coupled with the rise in average price of both freehold and sectional title properties have made the area a safe haven for prudent investors, first-time homeowners, those upgrading to bigger homes; and even retirees seeking the pleasure of living here.
Author: Barry Davies