Discover Chisipite: A Hidden Gem for Investors and Families Alike

Chisipite, is a charming suburb in Harare that offers a unique blend of tranquillity, convenience, and investment potential. As an investor or homeowner, understanding the local market and amenities is crucial. In this article, we'll delve into Chisipite's neighbourhood info, average property prices, schools, and entertainment options, highlighting why this suburb is an attractive choice for investors and families.

Nestled in the northern suburbs of Harare, Zimbabwe, Chisipite presents itself as an enticing locale for prospective investors looking to delve into the city’s real estate market. 

Boasting a blend of historical charm, excellent educational institutions, and a vibrant community spirit, Chisipite stands out as a prime investment opportunity. Chisipite is a leafy suburb with a mix of old and new properties, offering a serene atmosphere and a sense of community. Its proximity to Harare's central business district (approximately 10 km) makes it an ideal location for professionals and families.

History and Background:

Steeped in history, Chisipite boasts a legacy that stretches back to the early 1900s. Testament to this heritage are the many original homes that stand proudly alongside modern developments. Founded as part of the Rietfontein subdivision by the Jenkinson family, the suburb's name, Chisipite, reflects its essence – "overflowing spring" in Shona. This spirit of abundance is echoed in the iconic fountain symbol adopted by both Chisipite Junior and Senior Schools, a fitting emblem for a place that seamlessly blends the past with the present.

Real Estate Overview

Chisipite is renowned for its upscale residential properties, which often feature spacious homes and well-manicured gardens. Compared to the Harare city averages, properties in Chisipite tend to command higher prices due to its desirable location and superior amenities.For instance, while the average property prices across Harare fluctuate, Chisipite consistently maintains a premium due to its reputation for safety, accessibility, and quality of life.

Average Prices:

Chisipite offers competitive pricing for both rentals and property purchases compared to Harare averages. Here's a breakdown of the average prices:

Rentals:

• 2-bedroom apartment: $250-$400 USD per month (average), slightly higher than Harare's average of $200-$350 USD per month
• 3-bedroom house: $400-$600 USD per month (average), comparable to Harare's average of $350-$550 USD per month

Property Purchases:

• 2-bedroom apartment: $50,000-$80,000 USD (average), slightly higher than Harare's average of $40,000-$70,000 USD
• 3-bedroom house: $80,000-$120,000 USD (average), comparable to Harare's average of $70,000-$110,000 USD

Property for sale:

The average cost of purchasing a property in Chisipite is notably higher than other parts of Harare, reflecting its status as a sought-after residential area. Prices typically range from $300,000 to over $1 million USD, depending on size and location, which is higher than Harare's average of $200,000 to $800,000 USD.

Property for rent:

Rental prices in Chisipite also reflect its prestige, with rents typically ranging from $1,000 to $5,000 USD per month, which is higher than Harare's average of $800 to $3,500 USD per month.

Note: The prices mentioned are averages and may vary depending on various factors such as location, size, and condition of the property.

Schools in Chisipite 

Chisipite is home to several reputable schools, including:

• Chisipite Senior School: A prestigious all-girls institution known for its academic excellence.
• Chisipite Junior School: Preparing young girls for secondary education with a nurturing primary school environment.
• Oriel Girls High School: Founded in 1961, Oriel Girls' High School is a renowned institution in Chisipite, known for its focus on academic achievement, social development, and moral grounding. (Sister school to Oriel Boys High)
• Oriel Boys High School: Established alongside Oriel Girls' High, this government school offers a strong academic program preparing boys for university studies, following the British GCE curriculum.
• Abbeys Preparatory School: While details are limited, Abbeys Preparatory School in Chisipite appears to be a co-educational option for primary education.

Also note there other top notch schools that are in proximity when you live in Chisipite eg St. John's Prep School, Gateway Primary School and The Heritage School

Why Invest in Chisipite?

Chisipite offers a unique combination of benefits, making it an attractive investment opportunity:

• Proximity to Harare CBD and major highways like Enterprise rd
• Affordable pricing compared to other suburbs
• Growing demand for housing and rentals
• Potential for long-term capital appreciation
• A range of properties available, from apartments to houses

Investors are drawn to Chisipite for several compelling reasons:

1. Stability and Security: Chisipite is known for its safety and tranquil atmosphere, making it a preferred choice for families and expatriates.
  
2. High Rental Yields: Rental properties in Chisipite often yield attractive returns due to steady demand from affluent tenants seeking premium accommodations.

3. Capital Appreciation: Properties in Chisipite historically show strong capital appreciation, making it not only a sound investment for rental income but also for long-term capital growth.

Chisipite's Culinary Delights:

Chisipite caters to diverse palates with a range of restaurants offering unique experiences within the neighbourhood. Let's delve in: 

• The Chisipite Sports Club: Mingle with locals and enjoy classic pub fare with a lively atmosphere at this iconic sports club. Catch a game, cheer on your team, and savour delicious pub grub alongside refreshing beverages.
• The Village Inn Restaurant: Escape the ordinary and delve into a world of international flavours at The Village Inn. This charming restaurant offers a curated menu featuring dishes from around the globe, perfect for a sophisticated evening out.
• The Farmhouse Restaurant: Embrace a rustic charm and savour hearty meals at The Farmhouse Restaurant. Their menu focuses on fresh, seasonal ingredients, creating a warm and inviting atmosphere ideal for a family outing or a casual get-together.
• The Mustard Seed Cafe: Craving a cosy and intimate setting? The Mustard Seed Cafe caters to your desires. This delightful cafe offers a delightful selection of coffees, teas, and light bites, perfect for a relaxing afternoon catching up with friends or enjoying a quiet moment with a good book.

Shopping Delights in Chisipite:

• Chisi Walk Shopping Centre: Craving a charming and relaxed shopping experience? Look no further than Chisi Walk Shopping Centre. This pedestrian-friendly haven invites you to browse unique boutiques, catering to a variety of tastes. Whether you're seeking a stylish new outfit, a thoughtful gift, or a touch of pampering at a salon or spa, Chisi Walk offers something for everyone. Don't forget to cap off your shopping spree with a delicious meal at one of the on-site coffee shops or restaurants.
• Chisipite Shopping Centre: For a wider range of shopping needs, Chisipite Shopping Centre is your one-stop destination. Here, established stores seamlessly blend with local businesses, offering a diverse selection. Stock up on groceries and household essentials, browse clothing and electronics, or discover hidden gems from local vendors. Chisipite Shopping Centre caters to practicality and exploration in equal measure.

In conclusion, Chisipite offers a unique blend of investment potential, convenience, and community charm, making it an attractive choice for investors and families alike. With its competitive pricing, reputable schools, and growing demand, Chisipite is an ideal location for those seeking a tranquil and convenient lifestyle. So whether you are looking to be a homeowner or you just look for investment opportunities, Chisipite neighbourhood should be on that short list.