Limpopo, renowned for its stunning landscapes and diverse wildlife, has emerged as a property investment hotspot in South Africa. With property prices tripling in just three years, the province has clearly captured the attention of those after a simpler way of life.
Limpopo is home to popular areas like Bela-Bela, Hoedspruit, and Polokwane. But one town has great potential for families, working professionals, and investors. As Pieter Nel, Principal and Co-owner of Century 21 Polokwane and Mokopane, points out, Mokopane is making a name for itself as the place to put down roots.
What is Mokopane known for?
"Mokopane, located in the Waterberg region of Limpopo, South Africa, is a farming support town two hours from Pretoria," says Nel. "Its rich soil has made the area a hub for wheat, tobacco, cotton, maize, peanuts, and citrus fruit production.
"Besides its bustling agricultural community, the economy is primarily driven by Anglo American's platinum mine, with growing interest from other mining sectors, including diamonds and granite," he adds.
Tourism is a major part of the town's attraction, acting as a stop-over for travellers en route to Botswana, Zimbabwe, and the Kruger National Park. However, it is a getaway destination in its own right and offers outdoor activities ranging from hiking, camping, 4 × 4 trails, birding, angling, and game viewing.
"Notably, Mokopane features the Legend Golf & Safari Resort, which is home to the unique 'Extreme 19th' hole designed by golf legends," shares Nel. "This is the world's longest and highest par 3 located on the top of Hanglip Mountain and is only accessible by helicopter."
For those after an African safari, Mokopane is famous for offering the quintessential bushveld experience. The area's ruggedly beautiful landscape is dotted with acacia trees as well as stunning aloes, which bloom in June and July. Mokopane's wildlife includes bushbuck, sable, kudu, nyala, zebra, and giraffe.
The town draws its influence from North Sotho, Ndebele, Tsonga, Afrikaans, and English residents, who have made the area a welcoming and colourful community to live in.
Mokopane's real estate trends
Limpopo is hailed as one of the fastest-growing inland hubs in the country, with a growing demand for either primary residence or holiday home properties in the province. This has driven up average house prices from just over R1 million in 2022 to R1,45m in 2023. Mokopane is also seeing increased interest, says Nel. "Demand for housing in Mokopane is shaped by factors like population growth, economic conditions, and employment opportunities, with higher demand in growing or economically thriving areas.
"Property prices vary widely based on location and property type, often being higher in regions with good infrastructure and amenities. Investors typically seek properties with strong rental yields or potential for appreciation, particularly in areas undergoing development or revitalisation," he shares. The area's tourist appeal also ensures a sustained appetite for accommodation options like guest houses, lodges, bed and breakfasts, and self-catering units.
On the property hunt, buyers and renters can find a diverse range of living options that will cater to their unique needs. "Whether you're looking for residential properties or commercial spaces, Mokopane provides a variety of choices to suit different lifestyles and business requirements," says Nel. "This vibrant market ensures that there is something for everyone, whether you're seeking a cosy home or a strategic location for your business."
With prices starting as low as R520,000 for a three-bedroom home for sale and R3,500 for a one-bedroom apartment to let, the market is primed for those looking for a bargain. "Chroompark is a sought-after suburb, featuring beautiful, elegantly styled properties," says Nel. "Where affordability is a priority, Mokopane Central offers spacious stands, conveniently located near the town centre where you can find everything you need."
Tips for buying or renting in Mokopane
Mokopane's enticing combination of budget-friendly properties, warm hospitality, rich heritage, and natural beauty has caught the eye of home-seekers. Nel shares his advice to help you find success in the area:
- Research the market: Stay informed about current property prices, trends, and upcoming developments in the area. Understanding the market will help you make an informed decision.
- Visit the area: Spend time in the town to get a feel for the community, amenities, and lifestyle, which can help you identify the best neighbourhoods for your needs.
- Consider location: Look for properties that are strategically located near major routes and cities, as these areas typically see higher demand and potential for appreciation.
- Evaluate infrastructure projects: Keep an eye on new developments and infrastructure projects, as they can significantly enhance property values and provide better amenities.
- Assess rental yields: If you're an investor, consider properties with strong rental yields in areas attracting both residential and commercial interest, ensuring a good return on investment.
- Be prepared to act quickly: In a growing market, desirable properties can move fast. Be ready to make an offer when you find the right fit.
- Consult local experts: Work with local real estate agents or property consultants who have a deep understanding of the market dynamics and can guide you through the buying or renting process.
"The last point is an important one as a local property expert can provide invaluable insights into the market," says Nel. "With their help, you can make a smart choice for the best quality of life and a solid investment."
Get trusted real estate service in Mokopane
Nel believes Century 21 Polokwane and Mokopane is the go-to real estate agency in the area for those looking to buy, sell, rent, or let out property effortlessly. "We consider our clients to be part of our family, and we are dedicated to nurturing the bonds we build with them," he highlights.
"Our real estate agents are highly trained professionals, equipped with the knowledge and skills necessary to meet all of our clients' needs.
"We also pride ourselves on being consistently available and committed to going the extra mile, ensuring that every client receives exceptional service and support throughout their journey. To get started, simply view our properties for sale or properties to let, and reach out to our team today," he encourages.