Sought After and Expensive: The Kochav Hatzafon Neighborhood in Tel Aviv

The Kochav Hatzafon neighborhood located in the northwest of the city is considered a quiet and prestigious area, characterized by university residents engaged in liberal professions and an excellent educational system. Apartment prices vary depending on the age of the building and the view it offers – of the sea, the neighborhood, or Hayarkon Park. So, how much will you pay for a 3-room apartment?

Kochav Hatzafon was built in the 1990s. It is regarded as a quiet and prestigious neighborhood, with an excellent educational system and characterized by relatively new infrastructure and residential buildings. The neighborhood enjoys high demand, with an average price per square meter ranging from 38,000 to 45,000 NIS. The price range varies depending on the age of the building and the view from the apartments: the sea, the neighborhood, or the park.

Location

The neighborhood is located in the northwest part of Tel Aviv, between Rokach Boulevard to the south and Sde Dov Airport to the north, Namir Road to the east, and Ibn Gabirol Street to the west. The neighborhood is near Reading, Hayarkon Park, and the Port of Tel Aviv.

Character and Population

The neighborhood has about 5,000 residents spread across 2,000 apartments. It has a high proportion of affluent families aged 35 to 45 with children alongside an older population. Most residents are secular and academics engaged in liberal professions and enjoy a high socio-economic status. About 75% of residents own their apartment.

The Nature of Residence

The exterior of the neighborhood is mainly characterized by tall buildings of 8 to 12 stories and the interior part of houses and low buildings of 6 to 8 stories. Parking and elevators are available in all buildings. Most apartments also have a secure room and an outdoor terrace.

Infrastructure and Public Services

In the neighborhood, there is a state elementary school that opened two years ago under the name “Kokhav Hatsafon.” It was designed as an eco-friendly building and adjoins Eshkol Ganim, Abba Kovner Street. In the neighborhood, you will also find a WIZO daycare, a gym is under construction next to the school, and a synagogue is planned near Ibn Gvirol Street.

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