select
|

Melkbosstrand: Paradise within View of Cape Town

Thirty-five kilometres outside of Cape Town lays a coastal village by the name of Melkbosstrand. Close enough to the city for a daily commute the area offers residents the best of both worlds; a seven kilometre stretch of white beach and the proximity of the West Coast National Park whilst still being close to all that the Mother City has to offer.  


4 Bedroom House for Sale in Melkbosstrand

For many Melkbosstrand is also on the doorstep of the West Coast with quaint fishing villages like Paternoster within easy travelling distance. While more developed, in part due to the Koeberg Nuclear Power Station, the area has managed to retain its small town charm.

The Property Business in Melkbosstrand

Over 58% of the properties available in Melkbosstrand are freeholds but there are also a number of homes available in the Atlantic Beach Golf Estate as well as various sectional title properties for those who desire something smaller.

The average income for home owners in the area ranges between R43,000 and R51,000 with just over 3000 adults living there. Most of the recent buyers are between the ages of 36 and 49 whilst the majority of sellers are over 65 years old and likely looking to scale down.

According to Lightsone most freeholds are selling for R1.6 million while sectional title property prices are around R797, 000. Both freehold and sectional title properties have shown a steady increase in value this year increasing by R475, 000 and R215, 000 respectively since 2012.

The Local Property Market Is Picking Up

"We've definitely seen an increase in interest from buyers over the past few months", says Petra van Asch, Manager of Leapfrog Melkbosstrand, "especially from people who are eager to enjoy the area's unspoilt beaches and pristine ecosystem while still needing access to their jobs in town and good schools for their children".


6 Bedroom House for sale in Melkbosstrand

"The past few years have been tough for the property market, especially for the smaller coastal towns like Melkbosstrand. If you look at Lightstone's average house prices from 2007 to 2009 you'll see a dramatic fall from R1, 558 million for a freehold property to R918, 000 two years later. Things are looking much better in 2013 and we're extremely positive as we near towards the latter end of the year", says van Asch.

Bruce Swain, MD of Leapfrog Property Group believes that the desirability of the area has certainly contributed to the Melkbosstrand franchise's success, despite the difficult times.  "The team in Melkbosstrand is small but, notwithstanding the size of the office or the fact that they're operating in a smaller, coastal town, their sales figures have been good. I believe that's due, in part at least, to the excellent service they deliver", says Swain.


  Comment on this Article

  Please login to post comments

Post to my facebook wall
  
2000
Characters remaining


    Latest Property News
    • 23 Jan 2018
      Many people only start thinking about home-ownership when they are ready to “settle down” or start a family, which is why first-time buyers these days are generally in their mid-30s, compared to those in the previous generation who were usually in their mid-20s.
    • 22 Jan 2018
      Moving away from the city to a country or coastal town and a slower-paced life is a frequent new-year resolution for South Africans, but thorough research should be done before you break free from the hustle and bustle, because making the wrong move could turn out to be a very expensive mistake, and even more stressful for you and your family than staying in the “big smoke”.
    • 22 Jan 2018
      Cape Town is home to many breathtaking and historic homes, but House Invermark designed in 1969 by South African architect Gilbert Colyn, with inspiration from two modernist icons: the Glass House by Phillip Johnson and Farnsworth House by Ludwig Mies van der Rohe is in a class of its own.
    • 22 Jan 2018
      2017 was a challenging year for the South African property market in general, despite small pockets of thriving activity in areas like the Western Cape. As we head into 2018, Tony Clarke, Managing Director of the Rawson Property Group, casts his eye forward to property trends and market influences that could make their impact felt in the New Year.
    • 19 Jan 2018
      Extending from Randfontein in the west to Roodepoort in the east and including the towns of Krugersdorp and Magaliesburg, the West Rand has a plethora of property available to residents who choose to make this unique area their home.
    • 19 Jan 2018
      When it comes to financial planning, doing the work to ensure you’re prepared for unexpected emergencies is just as important as ticking off your other goals and New Year’s resolutions. The beginning of the year is also the perfect time to review your various insurance policies.
    • 19 Jan 2018
      No surprises at the first Monetary Policy Committee of 2018, as Reserve Bank Governor, Lesetja Kganyago, announced that the interest rates would stay at their current levels.
    • 18 Jan 2018
      The Southern Suburbs make up some of the most popular residential areas in Cape Town, comprising charming groups of suburbs which lie to the south-east of the slopes of Table Mountain. It is seen as the city's most expensive residential neighbourhoods with a choice of various private schools, upmarket eateries, wine estates, beautiful homes and trendy apartments.
        
    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