NeighbourhoodNeighbourhood10 PROPERTY NEWS 22 MAY 2016 22 MAY 2016 PROPERTY NEWS 11

ACCESSIBILITY:

• It’sashortdrivetotheGautrainbus

routeonRivoniaRoad.

• WitkoppenRoadhasanumberof

taxisrunningthroughthearea,and

fromFourwaystoSunninghill,Rivonia,

SandtonandAlexandra.

• MetrobusesrunalongWitkoppenand

Rivoniaroads.

• IthaseasyaccesstotheNIhighway.

TOP ATTRACTIONS:

• RietfonteinNatureReserve

• SAClimbingAcademyforrock

climbersatStPeter’sBoys

PrepSchool

• GermanCountryClubforadrink

• FreeMeWildlifeRehabilitationCentre

intheRietfonteinNatureReserve

TOP SCHOOLS:

• StPeter’sBoysPrepSchool

• StPeter’sCollege

• RedhillSchool

• MichaelMountWaldorfSchool

• BritishInternationalCollege

Median asking prices

For a typical property (two-bedroom apartment)

In a complex For an apartment

R1,085m R1,59m R890,000

Approximately 8% of the interest (views) in properties for sale in the Fourways, Sunninghill and Lonehill areas is attributable to properties listed for sale in Paulshof.

Interest Interest

Properties listed for sale in Paulshof comprise approximately 8% of the total sale listings in the Fourways, Sunninghill and Lonehill area.

Properties listed Properties listed

Property types Property types

hous

e

co

mplex

apartment

hous

e

com

plex

apartment

17%

17%

66%

For saleMedian monthly asking prices

Approximately 10% of the interest (views) in properties for rent in the Fourways, Sunninghill and Lonehill areas is attributable to properties listed for rent in Paulshof.

19%

14%

67%

For rent

Properties listed for rent in Paulshof comprise approximately 9% of the total rental listings in the Fourways, Sunninghill and Lonehill areas.

For a house

R2,39mFor a typical rental property (two-bedroom apartment)

In a complex For an apartment

R8,500 R10,480 R8,930For a house

R16,350

8% 9%

8%

Buying in Paulshof

Themonthlybondrepaymentto

purchaseatypicalpropertyinPaulshof,

namelyatwo-bedroomapartment,with

themedianaskingpriceofR1,085m,

isR10,832permonthover20yearsat

primeof10,5%withnodeposit.

Suburb focus

There are very few suburbs, if any, in Joburg that are small, yet as homely as Paulshof. You

can drive through each street and explore the area within an hour. The friendly green suburb dubbed “the garden village of the north”, Paulshof is nestled between Sunninghill, Lonehill, Bryanston and the Leeuwkop Estate.

Its close proximity to major roads and the N1 highway allows for easy access in and out of the suburb. Although its price growth lags behind neighbouring Lonehill, Bryanston and Sunninghill, this established suburb attracts buyers who stay on through various phases of their lives. Dudu Msomi, a young professional, bought her home in Paulshof at a time when being in the midst of the buzz in the City of Gold meant being within a 3km to 5km radius of Sandton City. Ten years on, however, she says Paulshof is still very much her home.

WORDS:DENISEMHLANGA

For her, its appeal is the Rietfon tein Nature Reserve, as she is an outdoors person. The recently revamped 25ha indigenous green space gives visitors a sense of being out in the country without leaving the city.“I love my mall, Cambridge Crossing Shopping Centre, as it acts as a central meeting point, and, to top it all, the lush, tree-filled neighbourhood is ideal for leisurely walks and running,” she says.

Estate agents say the suburb continues to offer value for money to buyers, especially first-time buyers who mostly look for sectional title homes while young families look for large cluster and freehold homes.

Paulshof is home to St Peter’s Boys Prep School – one of the most highly regarded private preparatory schools in the country. The suburb also has the FreeMe Wildlife Rehabilitation Centre – a facility specialising in the rescue and rehabilitation of indigenous wildlife.

About the area

10%

Paulshof IMAGES:SIMONEKHAN

Here’s what’s happening in property in the area