With around 40 suburbs situated within Centurion, the area offers a wide selection of property options for every budget, particularly entry- and mid-level-priced homes.
“Centurion’s strategic position means that those investing in property here enjoy an excellent infrastructure. Good schools, shopping malls, restaurants and bars, hospitals, the Gautrain station and entertainment and sporting facilities are all within easy reach,” says Seeff Centurion MD Steve van Wyk.
“The area also has a number of business nodes including the Samrand Business Park, Highveld Business Park and Sunderland Ridge Industrial area.”
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Below are suburbs in Centurion that first-time homebuyers can snap up for less than R1,5 million.
Highveld and Rooihusikraal North
These are relatively new suburbs, but they’re both on the up-and-up and expected to be high-demand suburbs in the future.
“Both these suburbs offer great return, have low crime rates, access to highways, good schools and amenities and are predicted to become even more sought after in future,” Van Wyk says.
Eco Park and Heuwelsig Estate
Property in these areas start at R800 000, with top-end homes selling for R2,5 million.
These suburbs have a good sale turnover rate, with the average property selling within six weeks (42 days) of listing when priced correctly.
“The reason that property here sell in half the time than in the rest of Gauteng include the fact that these suburbs offer lock-up-and-go units that are extremely sought after, fantastic value for money and are located in close proximity to highways, schools and all amenities,” Van Wyk says.
A very popular Centurion suburb, Die Hoewes offers around 6 300 sectional title units with property prices ranging from R545 000 to R2,4 million, however the average price for property in the area is R750 000.
From a rental perspective, the Centurion market is very buoyant and can fetch decent rentals, particularly from corporate rentals.
“The most popular [rental] price range is from R5 000 to about R8 000 for a one- or two-bedroomed apartment. In this price range, a number of developers have built multi-storeyed blocks of apartments and to get the units let they are offering huge discounts and various incentives,” says Van Wyk.