Real Estate Investor Magazine South Africa March 2013 | Page 47

COMMERCIAL Map of Johannesburg suburbs Sandton/Bryanston Including Morningside, Wendywood, Sandown, Sandhurst, Hyde Park In the last twenty years or so, Sandton has replaced the CBD as Johannesburg’s hub of business and commerce, meaning many corporate headquarters, banks, and large hotels are located there. As a general rule, the closer you get to Sandton, the more expensive housing becomes, so expect to pay a premium in this area. Bryanston along the Northern edge is less expensive, mostly known for its beautiful free standing homes on tree-lined streets exploding in a purple sea of blooming jacarandas in late spring, whereas further to the South in Morningside, Sandown and Hyde Park you will find stately homes as well as apartment complexes. This area also sports a large concentration of renowned private hospitals. Roodepoort Roodepoort has a growing student population due to the presence of Monash University South Africa and has seen large population growth due to Johannesburg urban sprawl. This is one of the gateways to Johannesburg from Northern areas of South Africa and Botswana and so it has economic and logistical importance. Although Roodepoort has traditionally been regarded as being part of the West Rand, it is was not made part of the West Rand District Municipality, instead being integrated into the City of Johannesburg Metropolitan Municipality, following the post-apartheid reorganisation of local government in the late 1990s. Midrand Including Waterfall, Kyalami Technically Midrand might not count as a Johannesburg suburb as it is so far removed, but especially in the last few years it has become a popular area to live, offering affordable housing set in wide open spaces and still relatively easy access to the main hubs of business. Midrand also has the advantage of being relatively close to Pretoria. Joburg CBD Including Bruma, Kensington, Lyndhurst Most people would not dream of moving into Joburg’s city centre, given the bad reputations and crime problems of areas like Hillbrow, Berea, and Yeoville. However, just like in other big cities, this area has lately undergone some urban rejuvenation and many hail Newton and Braamfontein as the next up and coming places to be, especially for professional singles and couples without children. There are plenty of renovated apartments and lofts available with good security, beautiful views, amazing nightlife and shopping within walking distance, and the campus of Wits University just around the corner. Rosebank/Parktown Including Houghton, Melrose, Saxonwold, Killarney, Westcliff Soweto Soweto is considered a metropolitan municipality of Johannesburg. It has an area of approximately 150 square kilometers. It’s 2010 population rose to 2 million from 1.3 million in 2008. The density in Soweto is 7,666 people for every square kilometer. News on Soweto shows violent crimes against women and children and violence in general. If you find a home in one of these historic suburbs you will live at one of the city’s best addresses in close proximity to three of its best “old” schools – King Edwards, Parktown High, and St. John’s College. The homes here are sizeable and dignified, set on large properties, and you will be very close to the sprawling Johannesburg Zoo as well as the well-known Rosebank Sunday Rooftop Market that attracts visitors from near and far. Orange Farm www.reimag.co.za Orange Farm is a township located approximately 45 km from Johannesburg. It is one of the youngest informal settlements in South Africa, with the original inhabitants; laid off farm workers, taking up residency in 1988. Support for the population came slowly mostly from people who were tenants at the great township of Soweto. The settlement now includes a modern library, few paved roads, permanent housing for some, electricity in places, a clinic, an information centre with internet access, and a multi-purpose community centre. March 2013 SA Real Estate INVESTOR 45