Pretoria is a fast-growing hub with properties in high demand, particularly from younger buyers.
World Population Review reveals that Pretoria welcomed an impressive surge of 78,332 new residents in 2022, and while 8% of existing homeowners are below the age of 35, an astonishing 30% of recent buyers are between 18 to 35 years old.
A likely reason for the activity in Pretoria’s property market is the extraordinary affordability of Pretoria property. If you have your eye on Pretoria, why not join the ranks of young homeowners in this vibrant capital city?
Why Should You Buy Pretoria Property?
Affordability is the primary reason to buy Pretoria property. Lightstone data reveals that most property sales in the metro fall within the enticing price range of R800,000 to R2 million.
While Pretoria's central, west, and northern areas offer the most affordable homes, there are plenty of affordable areas in the Centurion vicinity. Tiaan Pretorius, the manager for Seeff Centurion, highlights the significant activity in price brackets below R2 million due to numerous first-time buyers.
Consider the following Pretoria property prices and locations as you explore the market:
- In the suburbs like Doringkloof, The Reeds, and Highveld, you can find yourself a charming two-bedroom apartment with a cosy garden for just R800,000.
- Doringkloof and The Reeds also present the opportunity to own a delightful full-title home starting at R1.65 million and R1.7 million, respectively.
- In Pretoria East, the suburbs of Equestria and Moreleta Park are family-friendly neighbourhoods with many amenities, including schools and churches, making them an optimal choice for young families.
- First-time buyers can also find modest two-bedroom townhouses, starting around R900,000, or opt for the comfort of a three-bedroom home, complete with a double garage and a charming garden, priced upwards of R1.5 million.
- Faerie Glen is another excellent location for first-time buyers. Here, you can find a small townhouse available for upwards of R1.35 million.
- Pretoria metro offers many exceptional amenities, from top-notch schools to transport networks, while you can also enjoy education facilities such as the University of Pretoria.
Whether you're a young family searching for the perfect place to settle down or a first-time buyer eager to embrace homeownership, Pretoria and its diverse suburbs offer many affordable options that cater to your needs and dreams.
Seeff does recommend that you prioritise obtaining pre-approval before purchasing. This step saves you time on the transaction process (for example, on bond applications) and can incur favour with sellers, possibly leading to a quicker purchase.
Contact us today; our experienced team of property specialists are ready to guide you through the conveyancing process.
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