Welcome to Germiston, one of the cities in Gauteng that owes its being to the South African Gold Rush era. Founded in 1886 after two prospectors 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 people started migrating in search of employment. Germiston's growth kept multiplying as other business ventures came into 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 2014-11-01 to 2015-10-31:
Compared to the previous year(2013-11-01 to 2014-10-31):
Full Title and Sectional Title sales in Germiston had a combined value of R 4,090,068,111 with a median price of R 680,000 compared to R 5,488,763,508 with the median price of R634,900 for the prior period.
Full Title sales in Germiston had a total value of R 3,669,615,245 with a median price of R 760,000 compared to R 5,109,232,653 with the median price of R680,000 for the prior period.
Sectional Title sales in Germiston had a total value of R 420,452,866 with the median price of R 475,000 compared to R 379,530,855 with the median price of R500,000 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 superb entertainment facilities, another reason for prospective homebuyers to consider this city when searching for their dream home 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 stars and looking for a property for sale or property to rent in Germiston, rest assured that CyberProp, with our array of property listings around the country will have the one that will suit your needs.