With steady sales and an increase in median prices across the board, Midrand remains a success story in Gauteng's property market. The area is growing in leaps and bounds with a stream of first-time buyers and investors. If you're one of them, Midrand is sure to impress. Century 21 Midrand covers the factors driving people to live, work, and invest in this thriving residential and commercial hub.
Midrand property trends
According to Lightstone research, the median selling prices of Midrand sectional titles and freehold prices increased in 2021. The median value of vacant land also increased that year. Lightstone's buyer demographic shows that 91% of all recent buyers are aged 49 or younger.
The strength of Midrand's property market is also revealed by Property24 trends. In 2020, 4,705 Property24 listings sales were registered in the deeds office. This jumped to 5,648 sales in 2021. The average selling price of Midrand properties listed on the site also increased. In 2020, the average selling price was R893,000 and saw a rise to R950,000 in 2021. The property portal's data also shows a definite lean towards property buyers in the area being younger.
Attractive properties options
As a buyer or renter, Midrand offers an extensive choice of properties for sale and to let. Sectional title townhouses, duplexes, and apartments are popular with plenty of complexes and apartment blocks built to meet the demand. Sought-after Midrand suburbs include Noordwyk, Halfway Gardens, Vorna Valley, Carlswald, Waterfall, Barbeque Downs, and Glenferness.
Prices for every pocket
Another reason why people are choosing Midrand is the range of property prices to suit all budgets. At the lower end, you can easily find a lock-up-and-go one-bedroom apartment under R700,000 in Noordwyk, Halfway Gardens, and Vorna Valley.
Buyers can also find upmarket gated communities and luxurious, state-of-the-art homes in Helderfontein Estate and Steyn City. These properties start at the three-million rand mark, offering a range of top finishes, stellar amenities, and appealing lifestyles.
Well-positioned location
Midrand is also a great place to live for its prime location. The area is perfectly positioned in Gauteng, being equidistant from Pretoria and Johannesburg. This has made it an affordable alternative to living in these big cities but being close enough to get to work or access amenities there. Midrand has experienced tremendous commercial development and several prominent businesses have set up their headquarters here. This makes it appealing to employees in the area.
Enhancing the area's accessibility are the recent upgrades to Allandale. This intersection as well as the alternative at New Road allows Midrand's residents to quickly get to Johannesburg or drive to Sandton, Centurion, and Pretoria to the north.
World-class amenities
With everything you could want close by, Midrand offers residents a convenient lifestyle. Well-respected schools include Beaulieu College, Curro Midrand Halfway Gardens Primary School, and Curro Midrand Sagewood High School.
For shopping, you can head to Mall of Africa, Boulders Shopping Centre, and Carlswald Lifestyle Shopping Centre, to name a few. And for medical attention, you can turn to Netcare Waterfall City Hospital and the Life Carstenhof Hospital.
For a day out, you can see scheduled events and races at Kyalami Grand Prix Circuit, visit the animals at Lory Park Zoo, or have a round of golf (or two) at Kyalami Country Club. Midrand is sure to leave you impressed with everything on offer.
Secure living for all
Whether you're a young professional, family, or retiree, your well-being is sure to feature strongly on your property wishlist. The Midrand area is considered to be a generally safe area. It benefits from engaged police, community involvement, active community policing forums, a strong private security presence, and high-tech surveillance.
Be part of the Midrand flock
With much going for, there's hardly any surprise Midrand is drawing in new residents. Now it's your turn. View our properties for sale or properties to let. Then get in touch with one of our friendly property practitioners to view your next home.