According to property practitioners of the Seeff Property Group, family tenants typically seek properties close to excellent schools, proximity to work commutes and easy access to surrounding amenities. The average rental rate for a family property in a middle-class suburb is about R20 000 pm (per month), although this rate vacillates from as low as R14 000 pm to as high as R28 000 pm.
Here are the ten best neighbourhoods offering properties valued at roughly R20 000 pm, according to Seeff Property Practitioners across South Africa’s provinces:
According to John O Reilly, property practitioner for Seeff Randburg, the area is ideal for those with an R20 000 pm budget. Spacious family homes are abundant for interested buyers, all with access to good schools and some even complete with a swimming pool for those warm summer months. The most popular areas for buyers in Randburg include Boskruin, Risidale, Blairgowrie, Ferndale, Randpark, Sundowner, Sharonlea and Victory Park.
According to Rochelle Holland, rentals manager for Seeff Sandton, Sandton is home to many great apartments in the R20 000 pm price band, including a furnished one-bedroomed apartment in the upmarket Michelangelo Towers in Sandton Central. Other areas such as Broadacres, Douglasdale, Fourways, Lonehill and Morningside offer excellent properties in proximity to top schools and the surrounding Sandton area.
According to Tiaan Pretorius, manager for Seeff Centurion, the area remains a hot market for properties in the R20 000 pm price band. Although the stock is often in short supply, buyers can still secure good properties, such as a three-bedroomed family home in the Centurion Golf Estate. A bonus is that the estate is exempt from any pesky loadshedding.
According to PG van der Linde, rentals manager for Seeff Pretoria East, Pretoria East remains a popular suburb accessible from both major highways - the N4 and N1. Pretoria East attracts a good mix between young professionals and family buyers, and the suburb offers many kid-friendly activities. The area's properties vary from freestanding houses to townhouses and many security estates, and interested buyers can find excellent property value in Equestria and Moreleta Park, as well as in sought-after neighbourhoods like Woodhill Estate and Waterkloof Ridge.
The Cape's Northern Suburbs have plenty of stock in the R20 000 pm price bands, particularly in the beautiful Blouberg area. Buyers can find sizable townhouses situated in security estates with nearby beach access or family properties further in and around Parklands, Sunningdale, and Table View. These properties often come with a swimming pool and easy access to excellent schools in the surrounding area.
According to Junaid Fester, sales agent for Seeff Southern Suburbs, the Southern Suburbs consists of many affluent suburbs in the Cape and properties in these neighbourhoods remain highly sought-after buyer locations. Leafy, peaceful and in some parts secluded, the Southern Suburbs is the ideal location to bring up children, and the surrounding areas offer a diverse range of amenities from mall access and proximity to Cape Town’s CBD, many golf estates and a myriad of excellent restaurants. Interested buyers will find little stock below the R20 000 pm price band in Bishopscourt and Constantia; however, prime areas to rent at that price in the Southern Suburbs include Plumstead and Woodstock.
Pieter Jordaan, a licensee for Seeff George, says the area offers excellent affordability for family buyers with multiple properties below the R20 000 pm price band. These Garden Route properties include family homes on the Kingswood Golf Estate or sizable four-bedroomed holiday properties overlooking the Outeniqua Mountains and the surrounding Indian Ocean.
Hermanus along the Overberg Coast is ideal for family buyers with kids. There are many rental properties in the R20 000 pm price band, including a sizeable three-bedroomed house nearby Onrus. This beautiful village adjacent to Hermanus is renowned for eateries like the Milkwood Restaurant and the nearby Onrus Beach - giving families great places to spend their weekends and evenings.
According to Elaine Chetty, licensee for Seeff Richards Bay, the area offers exceptional affordability for interested buyers with ample stock below the R20 000 pm price band. Buyers who can afford to spend a little over their budget can secure a large family property complete with a swimming pool in the prestigious suburb of Maar en See.
According to Carien Brink, manager for Seeff Nelspruit, the smaller regional cities like Mbombela/Nelspruit offer better affordability for rental properties in the R20 000 pm price band. Interested buyers could even secure a large family home with a swimming pool in proximity to excellent schools in the surrounding area.
The provinces of South Africa have many excellent rental properties for interested buyers with an R20 000 pm budget.
Making that first move remains daunting for almost everyone, and we are here to help.
Contact one of our competent property practitioners to facilitate and oversee the process. If you enjoyed this blog, consider reading Seeff's blog on why small businesses are set to save the commercial property market.