select
|

RE/MAX Suburb Trend Report - Blouberg

With its pristine white beaches and classic view of Table Mountain across the bay, Bloubergstrand is often described by residents and visitors as the French Riviera of the Western Seaboard.

Area History

With its pristine white beaches and classic view of Table Mountain across the bay, Bloubergstrand is often described by residents and visitors as the French Riviera of the Western Seaboard. Located just 25km north of the Cape Town CBD, the area offers homebuyers an exclusive lifestyle that is on par with the best in the world, says Adrian Goslett, CEO of RE/MAX of Southern Africa.

“There are very few coastal villages that can offer better views of both the Atlantic Ocean and of course, Table Mountain. Standing on Bloubergstrand beach, the view of Table Mountain across the bay is perhaps the most renowned angle of the World Heritage Site. It is also possible to see Robben Island, which was where former president and global icon, Nelson Mandela was once imprisoned. The extraordinary views, coupled with upmarket shopping and restaurants that offer five-star cuisine, make this area a popular attraction among tourists and property investors,” says Goslett.

Area property information

According to Lightstone, a property statistics and information provider, the current market stock of property available in Bloubergstrand consist of 16.65% sectional-title units, 45.42% freehold homes and 37.93% estates.  Of the recent buyers in the area, 43.64% - which is by far the majority - have been between the ages of 50 and 64 years old, while the largest percentage of sellers are between the ages of 36 and 49 years old. The current average valuation of a freehold home in the area has been approximately R2, 486 million, while sectional title units have an average valuation of around R607 000.


Property price trends











Demand for property

Many property buyers are attracted to the area because of the exclusive coastal living it offers at relatively affordable prices compared to other coastal areas in the Cape. Although Bloubergstrand has maintained its small coastal village charm, it has still offers all the contemporary chic amenities one would expect from a bustling urban location. The area boasts top class medical facilities, an upmarket, mixed-use development known as Eden on the Bay which offers a dinning and shopping destination on the beach and residents have an excellent choice of private schooling in the nearby suburbs of Parklands and Sunningdale.

“Generally there is remarkable interest in coastal property because of the lifestyle offering it provides, which is exactly what attracts buyers to Bloubergstrand. It is all about the exclusive bouquet of quality lifestyle. Residents here can take a long walk on some of the Capes most idyllic beaches, while still having the luxury of metropolitan conveniences,” says Goslett.

Statistics suggest that property investors who purchase ocean fronting and facing properties often achieve a good return on their investment. This coupled with the lifestyle offering that Bloubergstrand provides, make the area an excellent choice for savvy investors wanting that out of town feeling.


  Comment on this Article

  Please login to post comments

Post to my facebook wall
  
2000
Characters remaining


    Latest Property News
    • 23 Feb 2018
      RE/MAX Property Associates’ Table View Office, which services property buyers and sellers along the Table Bay coastline and surrounds, has recently sold a home in Woodbridge Island for R11 million – the highest price paid for any home in the sought-after security complex.
    • 23 Feb 2018
      Choosing to invest in an overseas property can be daunting. But as more and more investors recognise the value of a diversified portfolio that includes property outside of their own country of residence, international property investment is growing in popularity.
    • 23 Feb 2018
      The positive change in South Africa’s political landscape is paving the way for an upswing in the local property market.
    • 22 Feb 2018
      An excellent credit score is one of the most priceless assets a potential home buyer can have. This tool has the power to secure favorable mortgage and refinancing rate, influencing everything from the size of the loan repayment to the interest rate on the home loan.
    • 22 Feb 2018
      What do you do if you love your home’s location and the area, but the home no longer fits your growing family’s needs? Do you stay and renovate your existing home or find a home that meets your developing criteria?
    • 22 Feb 2018
      While every owner wants to sell their property at the best possible price, overpricing a home can be the kiss of death for a sale.
    • 21 Feb 2018
      Given the hand they were dealt, government has performed a delicate balancing act which it is hoped will serve to reignite confidence in investment in South Africa, regain our global credibility and satisfy the credit ratings agencies, says Dr Andrew Golding, chief executive of the Pam Golding Property group.
    • 21 Feb 2018
      The real estate mantra, ‘location, location, location’ remains a strong market influence regardless of the prevailing economy, with suburbs like Rondebosch enjoying the buffering benefit of being ideally situated.
        
    X
    Subscribe to the MyProperty Newsletter

    Name  
    Last Name  
    Email Address  
    Email Frequency
    select
    X
    Share this Page

       
    For Sale Property
    Rental Property
    More Options
    About
    Connect with us
    FEEDBACK