Vibrant Property Market in Bethlehem
Category SA Property Market
The town of Bethlehem in the Eastern Free State is maturing into a city and its property prices are showing steady appreciation as it attracts scores of new residents.
That’s the word from Hans Fick, the Chas Everitt International Notebook© licensee in Bethlehem, who says: “This is a fast-expanding town with a good mix of professionals like doctors and lawyers, and people providing services to the agricultural and commercial sectors.
“The property market here has always been lively, and prices are in keeping with the sustained demand, but there is still excellent value to be found, especially in the older suburbs like Morelig, where you can still buy a large home on a large stand for R900 000. You can get a lot of house for very little money in Bethlehem central too.”
He says the cold winter climate, fresh air and stress-free lifestyle are some of the advantages of living in the Eastern Free State, but that Bethlehem also boasts some of the best schools and a sporting culture that puts them on the national stage.
Bethlehem residents also enjoy upmarket entertainment and shopping facilities at the Frontier Inn Casino and Dihlabeng and Metropolitan malls, Fick says, which have also brought more jobs to the town. “And of course the restaurants and recreation facilities of Clarens are close by.”
Turning to property prices, he says there is something to suit just about every pocket in Bethlehem, with prices in Bohlokong starting at around R250 000 and ultra-modern mansions in the exclusive Eureka area reaching as much as R5,8m. He warns, though, that buyers in the former township of Bohlokong must make sure that there is an official plan of the house certified by the municipality, as many homes there were not built according to plan.
Meanwhile Bethlehem is increasingly also a favourite among retirees, Fick says, and the town boasts two retirement villages and several sectional title developments to meet the demand from such buyers, although freehold homes are the norm.
“Homes in Panorama, which was developed in the early 1960s, are priced at between R1,3 million and R4 million, while Jordania’s large homes with big rooms are priced at between R1m and R3,3m. In Bethlehem’s most recently developed suburb, La Provence, there are contemporary freehold homes available for between R1,2m and R4m and in the popular sectional title complex Die Dorpshuis, the average price is now in the upper R2-millions.”
Issued by Chas Everitt International
For more information, contact
Hans Fick on 072 651 1448
Or visit www.chaseveritt.co.za
Author: Barry Davies