Property in Gillitts is booming. Here's why you should invest now
Category Property Advice
In the current property market, buyers are on the search for space, a close proximity to nature, security, and amenities. Gillitts ticks all the boxes, with houses that continue to rise in value. The suburb has become a hotspot in the Upper Highway, attracting families, working professionals, and those looking to settle down in a quiet suburb with a country vibe.
Here are our top reasons to make the move to Gillitts.
Prime location
While Gillitts offers an ideal escape from the hustle and bustle of larger urban areas, it's still close to everything you need. As a homeowner in the area, you have quick access to the M13 and N3. A developed area, Gillitts offers many property options including beautifully designed freehold homes, townhouses, apartments, and secure complexes that meet the needs of all buyers.
Sought-after space
With little space for Gillitts to grow, properties in the area are highly sought after. According to a recent property trends report, the majority of buyers favoured properties with three bedrooms. This can be attributed to the fact that many of the buyers are young families or couples who plan on having children in the future. The report reveals that the majority of buyers are aged between 18 to 35 years old.
Since 2017, the number of property sold in Gillitts has shown a decreasing trend. It's clear that homeowners are seeing the value in their properties, and are choosing to hold on to their investments. 35.1% of sellers aged between 50 to 64 make up the majority of sellers. These sellers are the ones who are emigrating to greener pastures or reaching the blissfulness of retirement. The age group of 65+ make up 32.4% of sellers. In most cases, these sellers are relocating to retirement villages in the Upper Highway area.
In 2019, there were 57 properties in Gillitts sold, while 2020 saw 54 properties being sold as per the number of sales registered at the deeds office. Although the property market was uncertain due to the Coronavirus pandemic and the increase in unemployment, property in Gillitts still held its market through troubled economic times.
Top-notch amenities
Gillitts' great position ensures you're close to every amenity and creature comfort needed to live your best life. Parents can rest assured their children will enjoy an unparalleled academic experience. In the area, you'll be able to access some of the province's most prestigious schools, such as Winston Park Primary School and the neighbouring Thomas More College and St Mary's Diocesan School for Girls. Gillitts Primary was notably awarded a certificate of excellence in 2019 by the KZN MEC for Education.
Keeping healthy is easy in an area that prioritises your fitness goals. Gillitts has a squash club that boasts the province's only full-sized doubles court. The Iphithi Nature Reserve continues to be a natural haven for those who value well-kept green spaces. The reserve is part of the "A Walk on the Wild Side" partnership, which brings the community together for guided and self-guided walks. Being a pet-friendly area, Gillitts also appeals to those looking to take their fur babies out and about in a safe, lush countryside setting.
As COVID-19 keeps people closer to home, being near restaurants and shopping centres will remain top of mind when looking for a place to put down roots. As an investor, you should take note of all the culinary and shopping experiences Gillitts has to offer.
Residents can enjoy their meals from places such as Bellevue Cafe, Gate of India Gillitts, Takami Sushi Bar, HayWay's Gourmet Pizzas, and La Verdure Real Food Cafe. The Gillitts Shopping Centre is a stone's throw away. This centre includes an eatery, hair salon, gym, liquor shop, and more. Checkers Gillitts is a convenient stop for groceries and household items for residents. The nearby Kloof Village Mall, Fields Hill Shopping Centre, and Delcairn Centre are also frequently visited by Gillitts residents.
Are you interested in making the beautiful Gillitts your permanent home? Do not hesitate, contact Seeff Hillcrest & Kloof today. Our area specialists will help you find the perfect home.
Author: Seeff Hillcrest & Kloof
