Welcome to Germiston, one of the Gauteng provinces that owe their being to the South African Gold Rush era. Founded in 1886 after the two prospectors, namely John Jack from the farm of Germiston near Glasgow and August Simmer from Vacha in Germany struck gold in the area, leading to an establishment of the world's largest gold refinery, Rand Refinery in 1921.
A residential town began emerging around this mining area as the people started migrating in search for employment. Germiston's growth kept multiplying as other business ventures came in to being as a result of supplementary industrial requirements. In 1903, Germiston has grown to a well established town and in 1950; it was officially proclaimed a city.
Today Germiston is not just a mere mining town. Its economy is supported by many other industries such as Real Estate, Tourism and many more. Properties for sale in Germiston are amongst the best in the Ekhuruleni municipality area, if not the entire Gauteng province.
Germiston has 127 active suburbs.
Between 2014-07-01 to 2015-06-30:
Compared to the previous year(2013-07-01 to 2014-06-30):
Full Title and Sectional Title sales in Germiston had a combined value of R 5,860,584,351 with a median price of R 680,000 compared to R 3,021,385,078 with the median price of R600,000 for the prior period.
Full Title sales in Germiston had a total value of R 5,503,878,653 with a median price of R 750,000 compared to R 2,620,796,914 with the median price of R650,000 for the prior period.
Sectional Title sales in Germiston had a total value of R 356,705,698 with the median price of R 497,500 compared to R 400,588,164 with the median price of R515,000 for the prior period.
For more information regarding property valuations and suburb trends for Germiston visit www.SAPTG.co.za
Germiston is a home to Rand Airport, which caters largely for light aircrafts and flying schools. South African Airways Museum is also located in Germiston. Its proximity to OR Tambo International Airport and an easy access to a plethora of highways such as the N3, N12 and M2 are some of the reasons this city is an ideal residential area for career driven individuals that are constantly on the road.
Although Germiston is predominantly an industrial area with over 700 factories, it is minutes away from large shopping malls and boasts a few superb entertainment facilities, another reason for prospective homebuyers to consider this city when searching for their dream homes or real estate investment opportunities.
Germiston is a home to some of the well-known names in the world of South African sports. Names such as Pierre Issa, Bafana Bafana defender who featured at the 1998 World Cup, Andre Nel, South African cricket fast bowler and Andre Watson, Rugby referee amongst many others, come to mind. If you want to live amongst the star and looking for property for sale or to rent in Germiston, rest assured that CyberProp, with our array property listings around the country will have one that will suit your needs.