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.

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