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 | | Despite Vanderbijlpark's average house price having risen by around 25 percent in the last year, residential buying activity in the entry level and middle market sectors remains strong, with predictions of 12 percent growth for the year. |
 | | That's according to Attie Venter, principal of Realty 1 International Property Group Vanderbijlpark, who says that while an average three bedroom home in the area now costs between R500k and R700k, up from R300k to R400k last year, there is no shortage of buyers in the area. |
 | | The recent relocation of the giant Mittal Steel's head office to Vanderbijlpark as well as ongoing new developments by Sasol in nearby Sasolburg, are also generating ongoing personnel transfers between Vanderbijlpark, Newcastle and Secunda and accordingly fueling buying activity in the Vaal Triangle, Venter says. |
| www.property24.com /Property24/news/FullArticle.asp?articleid=3618 (398 words) |