After peaking in mid-2015 and a subsequent period of flat growth, Parktown North seems set for a return as developers target one of Gauteng’s most popular destination suburbs.

There is much to be said for the rejuvenation of decaying suburbs or the creation of vibrant, thriving nodes within city areas, but what precisely is it that makes for a successful precinct, and gives it a clear and appealing identity of its own, asks David Reid, investment sales broker for JHI Properties in Gauteng.

Fresh leaves are beginning to form on the house market’s green shoots,with banks, rates, carry trade change mood says KwaZulu Natal agency chief Keith Wakefield.