Defining the greater suburb of Fourways with Tracy Thompson
Category News
When it comes to seeking the professional guidance of expert property practitioners who both understand their areas and the types of property on offer, look no further than Homes of Distinction. Here, we explore the major suburb of Fourways with our area expert and property practitioner, Tracy Thompson.
Fourways at a glance
Known as one of Johannesburg's fastest-growing suburbs and commercial areas, it's clear that Fourways was built with a goal and dream in mind. The area itself is essentially made up of a further eight suburbs and three exceptional lifestyle estates that are renowned throughout the province.
These include the suburbs of Magaliessig, Norscot, Fourways, Lonehill, Beverly, Norscot Slopes, Craigavon, and Broadacres. The three exceptional lifestyle estates include Dainfern, Fernbrook Estate, and Cedar Lakes.
Fourways through the ages
Located in the affluent Northern Suburbs of Johannesburg, Fourways is a resplendent and well-sought after area that boasts temperate weather and convenient access to sophisticated shopping experiences through an abundance of complexes and malls.
While Fourways is vastly recognised as a commercial and residential hub, its humble beginnings tell a different story. When first planned out, Fourways was nothing more than a small farm holding an animal reserve established by the Erikson Family circa 1940. The original location of this area had a splendid mansion known as Norscot Manor. It wasn't until 1970 that this well-regarded manor was sold to the local council now known as Norscot.
To this day, the manor remains a titular attraction that paved the way for Fourway's contemporary identity. Today, the manor serves the general public as a tourist attraction with multiple outlets including a library and history gallery.
Q&A with Tracy Thompson
Ahead, we speak to our area expert and Property Practitioner, Tracy Thompson, to get a personalised perspective of living in Fourways and exactly what this prestigious area has to offer.
Q: What are your first impressions of Fourways?
A: Fourways is perfectly positioned in the Northern suburbs of Sandton, offering quick access to major highways and main roads, as well as top government and private schools, plus excellent shopping, and restaurants.
Q: What sort of property sizes and prices can one expect in Fourways?
A: Fourways proper is mainly freehold property, with sectional title only making up around 20%. The average size of the land is 1500 sqm. The price of the freehold properties ranges from R1 500 000 to R3 500 000, excluding the estates, which would be more than R3 500 000. The sectional title units range from R1 000 000 to R2 500 000 on average.
Q: What sets Fourways apart from other suburbs in Gauteng?
A: Fourways has a mix of suburban and commercial areas, with excellent infrastructure and regular upgrades. It is well situated, being 40 minutes to O.R Tambo, 50 min to Pretoria and 30 minutes to central Johannesburg.
Q: How suitable is Fourways for young families?
A: Yes! Fourways offers good value for money in terms of the type of home and size. Fourways also offers excellent nursery schools, primary schools and exceptional high schools, both government and private.
Q: What are the nearby health facilities?
A: Yes, there are numerous in the greater Fourways area, including Life Fourways Hospital, Netcare Sunninghill Hospital and Mediclinic Sandton, all offering excellent medical facilities.
Q: What advice would you give to people looking to purchase property in the Northern Suburbs and Fourways extension?
A: Fourways offers a good range of property and prices, with good value for money. A buyer in this affordable price range should not battle to find a suitable property. If you are wanting an entry-level property or a family home, Fourways is the area to look!
Q: Has there been any recent changes to the property market in the area?
A: Yes, property prices have come down, from pre-pandemic, and further post-pandemic. This is due to the economy and other factors affecting growth. Volumes are higher than pre-pandemic, due to the low-interest rate we are currently enjoying.
Q: Are there special attractions worth noting?
A: Fourways offers several parks, one being the Kingfisher Park, great for kids and dogs. Monte Casino is also very popular, with great restaurants and theatres, plus the popular Bird Park.
Q: Tell us why you love Fourways?
A: There are so many reasons to invest in this highly regarded area, the main reason being value for money and the excellent infrastructure that Fourways offers!
Take a look at some of Tracy's listings - Tracy Thompson
See Tracy's previous Q&A - Douglasdale by Tracy Thompson
To contact us, follow the link: https://www.homesofdistinction.co.za/
To contact one of our Property Practitioners follow the link: https://www.homesofdistinction.co.za/agents/
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Author: LV Digital
