Growth for Bromhof Property Prices

bromhof property prices

Let’s look at the property prices in Bromhof, Jhb.  So, just how is the Bromhof property market doing?  Let’s consider the here and now of property ownership in Bromhof.  According to P24 let’s consider where the growth has been and where it will come from in the months to come.

131 properties are recorded as transferred in 2021 versus 150 in 2020.  That amounts to an average sales price is sitting at R1,210,000 versus R1,182,500 in 2020.  And the average asking price for Bromhof is sitting at R1,299,500 versus R1,195 in 2020.  So, by all accounts, there are still a few properties to sell this year, compared to last year.  But the good news is the average sales price is up a little, but up nonetheless.

Property ownership in Bromhof?

According to P24, the current property owners in Bromhof has 49% of homeowners in the category of 11+ years of owning a home.  This is important because the number of the sales we still expect to see come through in 2021 would most likely be from the 11+ year bracket in terms of homeownership.

Average prices for properties in Bromhof?

Sectional title: The average transferred price is R940,000, up from R850,000 in 2020.  Freestanding properties are sitting on an average transferred price of R1,450,000, also up from R1,300,000 in 2020.

Current Market for Bromhof

The highest asking price in the area is R3,599,000.  And, finally, the lowest-priced property is R560,000.

Why bet on Red: Keller Williams SA is the biggest and we are the best!

Simply, Keller Williams is the largest franchised real estate brand in the world.  We are by all accounts the fastest-growing franchised estate agency in SA.  With almost 1,500 estate agents working under the various market centres (Keller Williams Select, Keller Williams Eden, Keller Williams Clockwork, etc) all our market centres, leadership and agents join forces to sell your property.  If you are thinking about selling your property we can most certainly help.   The good news is that we have almost 1,500 agents who will help you sell your property.  And that’s with 1 board on your pavement. Keller Williams is all about creating a win-win solution for all our stakeholders across the value chain or the deal is off.  Keller Williams is also able to boast internationally about leading the curve in terms of training, be that local or international.  Click here to book your valuation. 

Estate Agents – want to know more about KW?

Keller Williams (USA) is a top real estate brand to work for.  If you are an estate agent and want to know a little more drop me an e-mail.   If you would like to leverage world-class technology to the benefit of all our stakeholders across the value chain and end up with a win-win every time, then let’s touch base.  Also, read what makes Keller Williams the best!

Get in touch if you want a free property valuation in Bromhof

So, if you need a valuation done on a property anywhere in Randburg or elsewhere in Jhb, we can help.  Give us a call on telephone number (064) 549-3123.  Alternatively, drop us an e-mail at kwselect@kwsa.co.za.  We have a vast network of almost 1,500 top Keller Williams agents at our fingertips who are all just dying for the opportunity to partner with you to sell and conclude your property transaction in record time.

If you want to view all the Keller Williams properties across the country, click on our website to start the search for your dream home.  Need help getting a pre-approved homeloan, it’s free and our strategic partners will find you the best rate over 20 years!  And finally, if you are thinking of putting your property on the market and need a free property valuation, click here!

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