FINDING
the individual properties within the community is
protected,” she says.
Demand for lifest yle benef its, secure liv ing
env i ron ments a nd accom mod at ion opt ions
that are close to central business nodes has also
grown considerably in recent years, which is
being addressed by the many lifestyle estates and
mixed-use precincts that have been developed
with work, play, live environments where office,
retail, entertainment and residential nodes are all
allocated in one estate or development along with
other facilities such as schools.
With the number of residentia l estates and
developments having increased significantly over the
past 10 years or so, there can be no doubt that close
community living is a sought after way of life.
The increase in demand for these kinds of properties
as a good investment option is reflected in the fact that
homes within estates or developments continue to offer
buyers a good return on investment. But aside from the
obvious physical aspect of living a secure community,
there are also mental benefits and advantages.
“Frequently homeowners choose to live in gated
estates due to the sense of community that they
experience, This is the feeling of belonging and a feeling
that members matter to one another and the group,
sharing a common interest,” says Van Den Berg. “Very
often the development of the secure estate is based on
that common interest, such as the case of a residential
or golfing estate.”
She notes that irrespective of the demographic of the
residents of their interests, a common thread can be
seen throughout all estate living residents, which is the
human fundamental need for community.”
She adds that from an investment perspective, property
within these kinds of developments saw exceptional
returns in the boom times, and has mostly held its own
during the recession.
“Demand for security and lifestyle elements that these
estates offer mean that property owners can expect
continued value growth over the medium to long term,”
Van Den Berg concludes.
RESOURCES
Wildlife Properties, RE/MAX
www.reimag.co.za
Residential Handbook 2014
37