select
|

Hermanus satellites catch buyers' attention

Small towns and residential areas around the ever-popular Hermanus are attracting new home buyers thanks to attractive prices and an enviable lifestyle.

The trend became more noticeable during the past festive season, says Cornel Janse van Vuuren of the RealNet Onrus/Sandbaai franchise, when many upcountry visitors scouting for residential or holiday homes in Hermanus turned their attention to the good value to be had in smaller towns such as Sandbaai, Onrus and Vermont.

With property prices in Hermanus ranging between R1,4m and R3m, surrounding towns compare very favourably with entry-level prices from around R700 000, she says. "And while homes are cheaper, all the amenities of Hermanus are within easy striking distance."

Prices in Sandbaai, about three kilometres outside Hermanus, start at this level for two-bedroom, one-bathroom homes in housing complexes. Larger family homes are priced at up to R1,5m. A Curro private school opened its doors recently and is proving a strong draw card for buyers from Gauteng relocating to the coast, says Janse van Vuuren. Buyers who enrol their children at the excellent Hermanus schools also find it an easy daily commute, she adds.

Onrus now also offers excellent value, she says, since a lot of stock has come to the market recently, which has depressed selling prices. "Two years ago entry-level prices hovered around R1,2m but economic pressures led many owners of second homes here to liquidate their assets. In some instances prices dropped by nearly 30% and entry-level free-standing homes with two bedrooms, one bathroom and a single garage are now available from R899 000 upward. Homes at the top end of the market, however, are also finding buyers at prices of up to R4m."

Onrus boasts its own shopping precinct, and the safe beach and lagoon are further attractions for holiday as well as family buyers. The beach is also the venue for several festivals and festivities throughout the year.

Bordering Onrus and about five kilometres from Hermanus is the newer and modern residential enclave of Vermont.  It is adjacent to a popular nature reserve with its famous salt pan teeming with bird-life. Indeed, says Janse van Vuuren, Vermont with its prolific green zones and hiking trails draws many nature lovers.

Property here also offers excellent value. Prices of three-bedroom family homes with two bathrooms and double garaging start at around R900 000 while upmarket homes are selling at prices of up to R4m.

Janse van Vuuren adds that the Hemel-en-Aarde Estate about three kilometres from Hermanus is catching the eye of homebuyers, retirees and investors. The security estate offers an Olympic-size swimming pool, club house and tennis and squash courts. Lock-up-and-go townhouses with two bedrooms, two bathrooms and a garage are selling from around R1,2m and landlords attain monthly rentals of around R6500 on these units. Monthly levies amount to about R700.


  Comment on this Article

  Please login to post comments

Post to my facebook wall
  
2000
Characters remaining


    Latest Property News
    • 20 Apr 2018
      Whenever changes in the political ecosystem of a traditional property market create uncertainty, smart investors begin to look elsewhere for new opportunities. Property experts at IP Global have analysed the trends and crunched the numbers to find new markets to explore in Europe and the United States.
    • 20 Apr 2018
      Energy and water self-sufficiency are increasingly important factors in home buyers’ choice of property – especially in Cape Town where the extreme drought of the past few years has made municipal supply costly as well as uncertain.
    • 19 Apr 2018
      During the last decade, rampant development has progressively transformed Cape Town’s property landscape with densification being the order of the day, but there are still one or two hidden gems like Scarborough which have retained their original character, offering an inimitable lifestyle and an attractive investment opportunity.
    • 19 Apr 2018
      The rental market is a cut-throat sector of the real estate market that waits for nobody. According to Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, first-time renters need to be fully prepared before they even start the process of looking for a place to rent in order to avoid the disappointment of losing out on their ideal property.
    • 19 Apr 2018
      Choosing to buy your first home instead of continuing to rent is a big decision that will usually take some time to put into action, but the sooner you can save up a sizeable deposit, the closer you will be to reaching your goal.
    • 18 Apr 2018
      Selling your home is no small task and as you will quickly find out, there are a lot of misconceptions about the process. Gerhard van der Linde, Seeff's MD in Pretoria East lists the top 5 misconceptions when you are selling your home.
    • 18 Apr 2018
      The Cape Town municipality is now installing water-management devices at properties that have been non-compliant with the new level 5 water restrictions and there are talks of fines between R5,000 and R10,000 for households that use too much water.
    • 17 Apr 2018
      The recent interest rate cut has stoked the coals in the first-time buyer’s market. At least for the next two months until the next interest rate announcement, homeowners are guaranteed lower monthly instalments than in the previous quarter. But, is it wise to take out a 100% bond just to enter the property market while interest rates are low?
        
    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