Located on the banks of the Mooi River in the North West Province, Potchefstroom is one of South Africa’s foremost academic towns. Potchefstroom is home to a university, technical college and agricultural college, along with two of the country’s oldest and most prestigious government schools.
Once a sleepy rural village, Potchefstroom has grown rapidly in recent decades. It now boasts a well-developed commercial sector. The town still offers residents a high quality of life, with one of the lowest urban crime rates in South Africa, and excellent air quality thanks to the absence of large scale factories and manufacturing enterprises.
There are a wide range of property options available in Potchefstroom, from the older freestanding houses and apartment complexes of central town, to the upmarket residential clusters that have been developed on the town’s perimeter in recent years.
Houses in Potchefstroom offer a good balance between pricing and investment potential. Median house prices have been rising steadily over the past decade, yet spacious three bedroom houses remain within reach of young families. Apartment prices have seen less growth, but provide a very affordable entry point into the property market for first-time buyers.