Oudtshoorn now a favourite for ‘semigrants’

Nearly 70% of all homes sold in Oudtshoorn in the past year were bought by upcountry buyers who had decided to settle their families in this charming country town and commute weekly to their offices in bigger centres.

This beautiful family home situated on the outskirts of Oudtshoorn is on sale through Chas Everitt International for R 1 895 000. It has three bedrooms, three bathrooms, an open-plan TV/ braai/ dining room, separate lounge and a farm-size kitchen with separate scullery, as well as a flatlet and double garage.
That’s the word from Antoinette du Toit, co-owner of the local Chas Everitt International franchise, who notes that most of those who chose to “semigrate” in this way were from Gauteng, Mpumalanga and North West Province.
"Buyers who settle their families here are mainly drawn by the safe, rural lifestyle – and the beautiful surrounding countryside seals the deal for many buyers who have considered other small towns.
“In addition, we have excellent schools and a strong sense of community, and Oudtshoorn is just a 40-minute drive from the airport at George, which is a strong practical consideration as there are regular flights from there to all the main cities in SA,” she says.
Prospective buyers also have a wide choice of properties in various price ranges, from period Karoo homes to comfortable townhouses and more modern family homes.
Older period homes are currently selling from around R400 000, although they often need renovations that can push the actual cost up to around R600 000, and are not really suitable for commuters, who typically prefer larger, more modern and less time-consuming homes priced at between R1m and R1,5m,” says Du Toit.
“Older homes are an option, though, for people who are relocating to open businesses here or who plan to work from home. Originally built by farmers as weekend town houses, these homes offer an old-world charm, with Oregon floors, exposed roof beams and wrap-around verandas to keep them cool in summer, and renovated versions currently sell at prices between R700 000 and R800 000.”
Meanwhile, first-time buyers have emerged as the strongest contingent of local buyers, she says. “Young, economically empowered people employed in the state sector are increasingly active in the market, and they typically target small starter units prices at less than R600 000.
“Townhouses priced from around R550 000 are now particularly sought-after by this group – and by local retirees - due to their relatively low maintenance requirements.”

  Comment on this Article

  Please login to post comments

Post to my facebook wall
Characters remaining

    Latest Property News
    • 21 Nov 2017
      As more and more South Africans look to invest in property abroad, Spain is offering them one of the best deals in global real estate.
    • 20 Nov 2017
      Since 2012, sectional title complexes have been leading the South African property market, not only in terms of price growth, but sales volumes as well. Remaining relatively strong, even in the face of 2017’s political and economic turmoil, experts say this market segment could offer valuable insight into South Africans’ property purchase priorities.
    • 20 Nov 2017
      Regardless of whether you are purchasing your first start-up home, downsizing or moving in with roommates, finding ways to maximise small spaces can be a big advantage, says Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa.
    • 20 Nov 2017
      Property valued at approximately R1 billion is on High Street Auctions’ sales floor during the month of November, including the much-anticipated sale of the Tshwane Mayoral Residence and the land occupied by one of South Africa’s oldest operating gold mines.
    • 17 Nov 2017
      FWJK has announced the launch of its latest residential brand, the Lil’ Apple, which will be launched simultaneously in two developments in Cape Town and Umhlanga totaling 600 apartments. The Lil’ Apple is set to be a brand of FWJK’s New York style apartments which will be rolled out nationally.
    • 17 Nov 2017
      It’s been a tumultuous year on many fronts, with socio-political uncertainty setting the tone for much of South Africa’s economic activity yet despite this and seemingly counter-intuitively, the residential property market has held up well.
    • 17 Nov 2017
      The EAAB (the Estate Agency Affairs Board) recently claimed that around 50,000 illegal estate agents could currently be operating illegally.
    • 16 Nov 2017
      Penthouses are synonymous with New York – characterised by high-rise living that is decidedly luxurious and spacious. While exclusivity comes at a price, you can still create a “penthouse” look and feel in your existing apartment or even the upstairs bedroom of a double storey house with some clever design changes and styling touches.
    Subscribe to the MyProperty Newsletter

    Last Name  
    Email Address  
    Email Frequency
    Share this Page

    For Sale Property
    Rental Property
    More Options
    Connect with us