Many sectional title, lock-up-and-go units are available in this suburb with affordable prices attached which will appeal to first-time buyers. Additional attractions are close to amenities in Centurion, good restaurants, major routes and the Gautrai
Die Hoewes may be centrally situated in Centurion, but this is only one of many attractions prospective investors should take note of. For starters, Die Hoewes is ranked as a leading Gauteng suburb for first-time buyers, according to property data company Lightstone.
Second, over the past year or so, property prices have largely appreciated and stabilised, to offset the negative growth witnessed about two years ago. Antionette Jonker of Apple Property Connection attributes Die Hoewes’s relative affordability as a significant factor in its resurgence when it comes to average property price figures and sales performance.
“Die Hoewes offers around 6 300 sectional title units, ranging in price from an affordable R545 000 to about R2.4 million, with an average price of R750 000,” she says. Around 500 units are sold in Die Hoewes annually.
“The appeal for first-time buyers includes affordability, lock-up-and-go units close to major highways, the Gautrain station and all the facilities in Centurion,” says Jonker.
She adds 38% of buyers is under 35. So while most neighbourhoods have struggled to hold on to their values in the past couple of years, Die Hoewes has bucked the trend.
This is most apparent when one notes sectional title apartments averaged R780 000 last year, down from R790 000 in 2017, but rebounded to an average R870 000 this year.
Also of significance is that more than 95% of the housing stock in Die Hoewes consists of apartments and townhouses of a huge variety, notes Jonker. This variety in market stock also reflects the huge diversity in the income thresholds of residents who can be accommodated here.
This is because Die Hoewes also has a number of upmarket homes, some of which are in estates and a few of which are free-standing properties. The residents are united in a common desire for the centrality and convenience on offer, the huge income disparity notwithstanding.
“Die Hoewes has the established Lyttelton Manor as its eastern neighbour, while leafy Doringkloof borders the suburb to the south-east,” says Jonker, who points out that Die Hoewes is also alongside the N1 to Joburg as well as being in relative proximity to the R21 to OR Tambo International Airport and the N14 to Krugersdorp and Lanseria Airport.
With statistics showing three quarters of residents to be under 50, mostly parents of school-going children, Die Hoewes also fits the bill as it is centrally situated close to some of Centurion’s top schools.
These include Hoërskool Centurion, Lyttelton Manor High School, Hoërskool Zwartkop, Southdowns College and Lyttelton Primary School. The adjacent Centurion CBD, meanwhile, is home to the super-regional Centurion Mall, which contains all the main mall services and facilities.
In the vicinity and adding to the mall offering are smaller, convenience-style malls such as Jean Village and Jean Crossing. Freehold values in Die Hoewes equate with those for Club View Exts 5, 12 and 40.
Kim Hiles’s things to do and favourite places
1 John Dory’s
They’re great on sushi which is a personal favourite. They’ve also got a little bit of everything. Their service is quite good. Shop 24, Jean Crossing, Jean Avenue. 012 664 0808
2 Ridgeback Village Restaurant
This is a vibey pub which plays lots of music and is a really nice venue. It’s got firepits and serves good fare. Jean Avenue, Die Hoewes, Centurion. 012 667 1142
3 News Café
It’s a great venue for a coffee or a get-together. It becomes particularly lively on Thursdays, Fridays and Saturdays. It’s also conveniently situated. 1 Jean Avenue, Doringkloof, Centurion. 012 664 7201
4 Centurion Mall
There’s a cinema, a variety of restaurants and supermarkets and lots of other shops and services. Centurion Central, Centurion. 012 663 1702
5 Jean Avenue
You’ve got Jean Crossing, a Spar, and a Checkers. Almost anything you need is here. Lyttelton, Centurion.
6 Turn ‘n Tender
Great cocktails and craft beers, cosy and casual. 242 Jean Avenue, Die Hoewes, Centurion. 012 543 0714