Getting a foot on the property ladder has always been a primary goal for most people and, as their lives change over the years, so do their property requirements, however, significant shifts in buyer’s priorities in recent years have precipitated notable changes in how these new needs are being met.
Getting a foot on the property ladder has always been a primary goal for most people – and as their lives change over the years, so do their property requirements. However, significant shifts in buyers’ priorities in recent years have precipitated notable changes in how these new needs are being met.
“However, much has influenced the world during the past decade, including the technological advances which have altered the way in which we live and work and the fact that millennials have overtaken the baby boomers to become the largest property-buying demographic.” “These two factors, along with growing security concerns, traffic congestion and the increasing appeal of convenience in all demographics, have led to the development of suburban commercial hubs and, on a larger scale, to entire precincts that offer a ‘work, play and stay’ environment with every necessary amenity.
“Liveability is the new watchword which basically translates to living locally with easy access to most of the facilities and activities we need on a daily basis, and this gold standard no longer only applies to millennials. “Neighbourhoods like Melrose Arch in Johannesburg and De Waterkant in Cape Town are good examples of successful mixed-use suburbs and, on a larger scale, are developments like Waterfall in Midrand, which takes liveability to a whole new level, ticking all the boxes on the checklist above,” he said.
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