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Sprawling township has become property hot spot , writes Isaac Moledi

By unknown | Jul 31, 2007 | COMMENTS [ 0 ]

Isaac Moledi

Isaac Moledi

Who could ever have thought that Soweto - that dusty township of matchbox houses and smoke where most of us grew up - would become a hot spot for property?

Major projects such as the Maponya, Jabulani and Protea Gardens malls and several other property developments including the refurbishment of Orlando Stadium prove Soweto has become a forceful competitor in the property market.

Johan Strydom, general manager of PropertyGenie, confirms Soweto has become attractive for buying property in the last five years and has attracted a sizeable amount of capital investment.

Strydom's property search website,, has 91 properties listed in Soweto and he is confident the number is growing.

Protea Glen, in the far west of the sprawling township, leads the pack with 41 property listings. House prices in Protea Glen average between R250000 and R450000.

Diepkloof extension has fewer listings and is very expensive. The most expensive property listed on the site has a price tag of R1,8million.

Sydney Phuti, general manager of Pam Golding Soweto, says for many years property in Soweto was ignored. Now that has changed.

There are 200000 properties in Soweto and added to that are new developments that are stimulating growth in the property market.

As a result, Soweto has seen an unprecedented demand for property and, as Strydom says, the PropertyGenie site lends itself as a useful tool for prospective buyers.

Phuti says because demand in Soweto is higher than supply, this positive trend has an effect on prices. A four-roomed house is now going for no less than R100000.

According to Strydom, Orlando West has the highest number of online hits with the most popular house being viewed 486 times.

Dobsonville follows closely, with the average between 456 and 277 hits. Properties in Protea Glen also enjoy high online visits. Some of the more popular houses recorded between 260 and 280 viewings.

Strydom says: "The website provides photographs of the property, the price, number of rooms, and the contact details of the estate agent."

Though the process of buying a house can be lengthy, Strydom says they have made the site as comprehensive as possible to speed up the process of buying and selling houses and other property.

Also listed on the site are properties in suburbs in Gauteng surrounding main centres, including Tembisa, Tsakane, Mohlakeng and Kagiso. covers all of South Africa's nine provinces, which means people who want to buy property any where in the country can do so in the comfort of their homes.

Though there is no doubt that Soweto is becoming a hot property spot, prospective buyers should tread carefully before they decide to sign on that dotted line, warn experts.

Buying an auctioned house and then finding out you may possibly have to evict the current occupants, could become a nightmare.

Buyers also need to be careful about putting in an offer for a house where more than two people have already done so, and deposited their money.

As with most other purchases, buying a house voetstoots should not be undertaken without careful consideration, experts say.


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