Wilgeheuwel proving to be a high demand area because its prices are right for today’s market
Despite these negative aspects, the area sales are currently increasing by 2,5% per annum and prices are rising by 3,5%.
Although demand remains high, the industry do not foresee a big upswing in prices for at least another 18 to 24 months.
Wilgeheuwel’s big advantage is that it offers real value for money. If you moved even a few kms closer to Johannesburg, prices rise significantly and very soon become double what one would pay here.
In these tight economic times it is essential for an Estate agent to be able to counsel sellers adequately so as to ensure that they make no hasty or ill-advised decisions. It is also important to be able to assist buyers in understanding the credit rulings and to help them prequalify for bonds.
It has to be recognized that we are now operating in an economic climate where debt levels tend to get out of hand. This is shown by the fact that South African household debt are now equal roughly to 70% of the GDP. A good Estate agent, therefore, has to be more than just a house seller, he has to be able to advise the client on the whole structuring of his finances.
So if you are a property buyer looking for a beautiful home that’s affordable, then our suburb of Wilgeheuwel is just for you. There is a good range of schools, shopping centers, businesses, private hospitals and an extensive transport network that most definitely contributes to our area’s popularity and value.
Conclusion: If you are in the market and looking to buy or sell a property in the Wilgeheuwel area, then please don’t hesitate to phone me personally, Morne Prinsloo from RE/MAX Masters on 079 047 5172.
Your willing and able Sales Associate at your service!