Secure developments a growing trend on Southern Peninsula

Security is a top priority that drives property buying decisions along Cape Town’s Southern Peninsula, says Brad Gornall, Broker/Owner of RE/MAX On the Bay, whose office is located in Fish Hoek. He adds that many property buyers in the area site security as the number one reason that they are opting for the specific homes they are buying.

“We live in one of the most beautiful countries in the world. This country has so many amazing things to offer such as great weather, oceans, mountains and forests. However, there is one aspect that has unfortunately affected so many South Africans – crime.  Due to this, Southern Africans have become some of the most security conscious people in the world, which is reflected in their choice of property,” says Gornall.

He adds that homes within estates and developments that offer security features are highly sought after among buyers. “As a result of the strong demand we have seen a vast amount of estate developments going up along the Southern Peninsula which indicates a trend. The security developments in the region vary from entry-level to opulent and everything in between, catering for all buyers with different affordability levels. However, as land becomes scarcer and demand increases, we are seeing property prices climb in the area, making it more difficult for first-time to get into the market,” says Gornall. “As a result the need for housing for first-time home buyers or low to middle income earners becomes ever more demanding.”

He notes that while homes located within security estates generally provide a greater return on investment over the long term, they are becoming less and less affordable to most buyers. So does this mean that they have to compromise on their safety and become easy targets – not at all. In an effort to address the need for more affordable, yet secure housing options, a few developers have turned their attention to this sector of the market.  

According to Gornall, one such development is Sunny Acres, which is located in Faerie Knowe, Noordhoek. He notes that the development consists of 28, 55m2 sectional units that are selling off-plan. Starting at R680 000, the units come in either one- or two-bedroom configurations, which includes a parking bay. Situated in Sunnydale with primary access via Juniper Way, the development is within walking distance to Sunnyacres Shopping Centre. Apart from being close to amenities, the development itself features gardens, a communal swimming pool and security personal. “This particular development allows for affordable living in a new development and affords first-time home buyers the opportunity to own the property they live in,” says Gornall.  

Regional Director and CEO of RE/MAX of Southern Africa, Adrian Goslett, says that demand has a direct impact on property pricing, which is why homes within secure developments generally offer solid returns on investment over the long term.

“Buyers who purchase a home within a security development will ensure that the value of their home continues to appreciate, as well as have the peace of mind of knowing that the occupants are safe,” Gornall concludes.

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