Many homebuyers are wary of buying properties in so-called open suburbs because of security concerns – but their confidence in boomed areas may be misplaced.
This is the view of Dr Willie van der Merwe, owner of the RealNet WaterMeyer franchise in the east of Pretoria. “Crime is actually sometimes more prevalent in closed suburbs and boomed estates than in open suburbs with other security measures such as community patrols and observant residents.”
He says many buyers have not done any research to test the validity of the perception that booms and hi-tech equipment equal security.
“Active community associations ensure that residents are aware of exactly what is going on in their area. And they will no doubt discover that reports of lost pets and a few medical emergencies dominate our community radios.”
He says open neighbourhoods in his franchise area include:
He advises buyers who have security concerns to consider their options before committing to buying any property. “They should keep in mind that there is a real risk that residents in so-called secure areas succumb to a false sense of security and consequently neglect to observe even basic safety measures such as locking doors.
“And the bigger a complex or boomed-off area, the bigger the risk that many residents are tenants without a vested interest in the area – and we have indeed seen cases where tenants were proved to be the culprits when controlled-access areas were suddenly hit by a wave of theft. Another red flag is an area with lot of building activity going on, since statistics show such areas are prone to more crime.”
Van der Merwe adds that boomed and walled areas also come with higher costs since residents have to foot the bill for equipment and guards’ salaries. A new trend in his area, however, is that of security complexes joining community patrol associations due to the faster response.
Meanwhile, he says, the local property market is showing signs of improvement. “Buyers are starting to realise that our area is conveniently close to all amenities and offers larger well-priced homes on large stands, mature trees, and an abundance of bird life.
Sales in the area over the past four months have been quite evenly divided between the under-R1m range and the R1m to R1.6m range, he notes, but most sellers are still having to drop their prices by between 10 percent and 20 percent to achieve a sale.