Welcome to Rustenburg; a pulsating historical town that lies comfortably at the foot of the Magalies mountain range in the North West Province of South Africa. As difficult as it might be for some to believe, Rustenburg, also known as the "Platinum City" because of the Platinum mining in and around the area, was established way before Johannesburg and Pretoria. Rustenburg was officially founded in 1851, making it the oldest city in the North West Province.
Although smaller than Potchefstroom and Klerksdorp, Rustenburg, with a mere population of about 1 million is surely a pulsating centre of the province. Platinum mining is not the only attraction in Rustenburg, prospective homebuyers in Rustenburg should rest assured that, when it comes to accessibility to Nature Reserves, they'll definitely be spoilt for choice. Rustenburg is surrounded by multitudes of tourists attractions from the internationally acclaimed Sun City, the Rustenburg Nature Reserve, Madikwe Game Reserve to the Pilanesburg National Park, the fourth largest National Park in the country.
Rustenburg has (not available) active suburbs.
Between 2016-05-01 to 2017-04-30:
Compared to the previous year(2015-05-01 to 2016-04-30):
Full Title and Sectional Title sales in Rustenburg had a combined value of R 1,133,913,533 with a median price of R 550,000 compared to R 1,627,211,625 with the median price of R640,000 for the prior period.
Full Title sales in Rustenburg had a total value of R 796,215,254 with a median price of R 500,000 compared to R 1,187,607,952 with the median price of R600,000 for the prior period.
Sectional Title sales in Rustenburg had a total value of R 337,698,279 with the median price of R 630,000 compared to R 439,603,673 with the median price of R650,000 for the prior period.
For more information regarding property valuations and suburb trends for Rustenburg visit www.SAPTG.co.za
When Rustenburg was founded in 1851, it was an administrative centre for the production of tobacco, groundnuts, sunflower seeds, fruit, maize and wheat, but today this traditional, but yet modern Rustenburg is a mass producer of Platinum in South Africa. Due to many people descending down from other parts of the country and the broad African continent to seek employment in Rustenburg's Platinum mines such as the Bafokeng-Rasimone Platinum Mine, Marikana Platinum Mine and other popular mining shafts in the area, the residential property industry has grown in leaps and bounds. In the past few years, Rustenburg has seen interesting expansion in population leading to new developments of townhouses and Golf estates in and around the area.
If the Nature Reserves and hiking don't really appeal to you, and maybe cricket, soccer, athletics and other sports are what you are all about, you would be glad to know that Rustenburg has sports arenas galore. With Olympia Park and the Royal Bafokeng stadium, one of the South African stadia that were renovated and hosted the Soccer World Cup in 2010, rest assured that some of the big international sports teams will often clash within a close proximity of your backyard.