Everything Bloemfontein has to offer would-be buyers and tenants
Category News
Bloemfontein is well known as the City of Flowers and the capital of the Free State province. Its residents also love their hometown for its small-town atmosphere and strong sense of community. Jawitz Properties shines the spotlight on Bloemfontein and everything it has to offer its residents and investors.
Popular areas of Bloemfontein and what they have to offer
According to Johan Griessel, Bloemfontein Principal for Jawitz Properties, Bloemfontein (or Bloem, as it is commonly known), offers a range of affordable and family-friendly neighbourhoods. "Popular areas include Langenhoven Park, which is well-loved for its range of affordable housing options and proximity to amenities and schools," he shares. "Wild Olive Estate is another residential area that boasts a serene environment and affordable properties."
Griessel also introduces Bayswater, a well-established suburb with a mix of housing options and a family-orientated community. "Bayswater offers great proximity to recreational facilities and schools," he explains. "Dan Pienaar is another highly sought-after residential area that offers spacious properties with green spaces. For those looking for a focus on nature, security and a premium lifestyle, Woodland Hills Wildlife Estate may check the box for your ideal home."
First-time buyers are likely to find a great affordable home in Bloemfontein's growing areas like Grassland and Eastern Suburbs. "These are developing communities with potential for growth," elaborates Griessel.
Advice for those considering buying or renting property in Bloemfontein
Griessel urges would-be buyers to do their research thoroughly. "Understand the different neighbourhoods and think about factors like safety, proximity to amenities and accessibility to schools when choosing your home," he encourages. "If you're looking to buy, set a realistic budget and remember to factor in additional costs like property taxes, maintenance and any renovations you may want to have done."
As is the case anywhere, people buying or renting property in Bloemfontein should partner with a local property practitioner and make the most of their extensive area knowledge. "Let us help you navigate the buying process, offer our insights into the current local market trends and help you find the property that's right for you," invites Griessel.
Looking for buy-to-let property in Bloemfontein? Here's what you need to know.
As would be the case in any city, buy-to-let investors should choose properties in areas with high rental demand and low vacancy rates. "Look for neighbourhoods close to amenities like schools, universities, shopping centres and public transport hubs," advises Griessel. "Also remember that different types of properties appeal to different tenant markets. Consider the needs of your target tenant market and invest in properties that meet their needs."
The appeal of Bloemfontein among young buyers and tenants
Lightstone data reveals that while only 7% of stable owners are between the ages of 18 and 35, 29% of recent buyers fall into this age category. We asked Griessel to explain why Bloemfontein is growing in popularity among younger buyers.
"Bloemfontein is known for its relatively affordable real estate, which makes the city accessible to more young buyers," explains Griessel. "It also offers a great range of amenities, coupled with a relaxed atmosphere and several education opportunities. The University of the Free State is a drawcard, as are the various colleges in Bloemfontein. As a city renowned for its strong sense of community and family-friendly environment, it's an attractive option for young couples and families looking to settle down. Thanks to the great real estate prices in Bloemfontein, buyers won't be out of pocket."
3 reasons why Bloemfontein real estate is a great investment
- Bloemfontein is experiencing steady growth in various sectors, including residential property, commercial property and infrastructure.
- The City of Roses offers a wide array of property types, from flats and townhouses to freestanding houses and luxury estates.
- With its growing population, economic stability and favourable investment climate, Bloem is seen as a promising location for real estate investment.
If you're interested in buying, renting or selling property in Bloemfontein, Johan Griessel, along with his sales and rentals team, have your needs covered. Get in touch today to find your new home in the City of Roses.
Author: Jawitz Properties
