Strong demand for suburbs flanking Rondebosch Common

Rondebosch Common is one of the best-known landmarks of Cape Town’s Southern Suburbs – a 40 acre stretch of public land which shelters over 110 bird varieties and more than 100 plant species, many of them endangered examples of Cape Flats Sand fynbos.  

Declared a national monument in 1961, the former military campground is a popular recreational area for the surrounding communities, used daily by joggers, cyclists and dog-walkers.  Pam Golding Properties (PGP) notes that while the adjoining Rondebosch “Golden Mile” remains a highly sought-after area for family buyers, a number of the other smaller property nodes flanking the Common are enjoying equally high demand at present.  

PGP agent Carol Knopf says areas such as Little Mowbray, Rondebosch Park Estate and Rosebank share many of the key selling points of Rondebosch “Golden Mile”, such as beautiful mountain views, and access to leading schools, major transport routes, medical and sporting facilities.  “Yet they do so at significantly lower prices,” she says.  “For those just starting their families and building their careers, these areas can be the ideal place to gain a foothold in the Southern Suburbs, without taking on too big a financial burden.  As a result, we are experiencing sustained demand, particularly from family buyers and medical professionals, coupled with low stock levels.”

Knopf says entry level prices for full title properties in these areas start at around R1.5 million, which will secure a two-bedroomed semi-detached home.  A moderate-sized three-bedroomed home with off-street parking will cost around R2 million, with prices rising closer to R3 million for homes with additional bedrooms, garages, pools or larger grounds.  A few of the classic Victorian homes in Rosebank have been tastefully restored and modernised, and can fetch up to R4 million when they come onto the market.  “Prices vary not only according to size and location, but also the condition of the home,” Knopf says.  “For those who are prepared to invest time and money in a renovation project, there are a number of beautiful older homes which could easily be transformed.”

Knopf sold some R34.5 million worth of property in these three suburbs during the course of 2012, at an average of 94 percent of the asking price.  Notable sales included a home in Rosebank which fetched R3.4 million, R2.7 million for a property in Little Mowbray and R2.6 million for a home in Rondebosch Park Estate.  

Besides value for money, access to schooling is one of the major selling points of these areas, which are home to some of the city’s best educational institutions – for example, Rustenburg Girls’ High is located in Rosebank, while the oldest private school in the country, St George’s Grammar School, lies in Little Mowbray and the Vista Nova school for children with special needs, in Rondebosch Park Estate.  The suburbs also fall within the catchment areas of several excellent schools in neighbouring Rondebosch, and offer easy access to the University of Cape Town.  Attracting interest from the medical community are the world-famous Red Cross Children’s Hospital and the new Rondebosch Hospital on Klipfontein Road.  The area is also close to both Rondebosch and Mowbray golf courses, and has convenient shopping just a few hundred metres away at both the Rondebosch Village and Silwood centres.  “Accessibility to the central city, northern suburbs and the airport is a breeze thanks to the proximity of the N2 and M5 highways,” Knopf adds.

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