Welcome to Roodepoort, a South African town that was founded in 1884 when Fred Struben discovered the first payable gold in the area. Like many other South African towns in the 1800s, this mining town started off as a farm and it was named Roodepoort, an Afrikaans word that means Red Valley because of the red soil that is still found in the area.
Between 1886 and 1888 as more gold was being discovered in the farm, the farm was slowly getting populous and as a result, Roodepoort, Florida, Hamberg and Maraisburg, four main mining towns in the area were proclaimed.
Although still a mining town, today Roodepoort is a sprawling residential and commercial area with a selection of shopping malls, recreational parks, lakes, a buzzing CBD, easily accessible transportation routes and upmarket suburbs in the West Rand district of Gauteng.
Roodepoort has 116 active suburbs.
Between 2015-10-01 to 2016-09-30:
Compared to the previous year(2014-10-01 to 2015-09-30):
Full Title and Sectional Title sales in Roodepoort had a combined value of R 7,138,274,382 with a median price of R 720,000 compared to R 8,251,679,413 with the median price of R690,000 for the prior period.
Full Title sales in Roodepoort had a total value of R 4,345,534,908 with a median price of R 1,080,000 compared to R 5,265,208,135 with the median price of R1,025,000 for the prior period.
Sectional Title sales in Roodepoort had a total value of R 2,792,739,474 with the median price of R 619,990 compared to R 2,986,471,278 with the median price of R580,000 for the prior period.
For more information regarding property valuations and suburb trends for Roodepoort visit www.SAPTG.co.za
Following a further expansion of the area due to mining, Roodepoort was established as a municipality in 1903 and in 1977 it became a city. Today, together with Randburg and Sandton, Roodepoort forms a part of the Greater Johannesburg Metropolitan Municipality. The move was made during the transitional period of 1996-2000 when independent neighbouring municipalities in Gauteng were amalgamated.
Like many other towns in the Gauteng Province, Roodepoort has a fair South African weather with an average summer day of about 26.1°C and winters of about 16.3°C. If considering a real estate investment in this hilly part of the West Rand, CyberProp has a selection of properties for sale and to rent.