select
|

Sweet Valley hits the sweet spot

The Sweet Valley catchment area remains a sought after area of the Southern Suburbs, partly because families want their children to attend Sweet Valley Primary School, or Bergvliet High School which enjoy excellent reputations.

“The immediate catchment area is defined as the area where Sweet Valley Primary School is the nearest state English primary school to the home,” says Noel Smith, Southern Suburbs Sales Consultant at Jawitz Properties.

Areas enjoying such close proximity are Pekalmy in Bergvliet,   also known as Dreyersdal, situated on the Sweet Valley side of Ladies Mile Road; Sweet Valley, Belle Constantia and Firgrove, also known as Constantia Hills; Kreupelbosch; and a small section of upper Meadowridge between Edison Drive and Ladies Mile Road.


5 Bedroom House for sale in Zwaanswyk, Cape Town

“Adding to the strong demand these areas enjoy is the fact that there is a strong Rate payers association here and excellent neighbourhood watch services,” adds Francois Venter, Director of Jawitz Properties.

Freehold properties dominate in Bergvliet, Meadowridge and Diep River where homes are solidly built, have good-sized gardens and are close to other amenities such as shopping centres, coffee shops and restaurants. “The neighbourhood has a sense of family community, and is an ideal place to raise children with plenty of trees and gardens providing safe playgrounds,” says Smith.

There are not many sectional title units in this market, but buyers looking to settle here are more drawn to larger family homes. “As a result, we’ve seen a lot of properties purchased to be renovated.”

The average selling price for properties sold in Meadowridge between January and August of this year has increased by 28% compared to the same period last year. “The average house in Meadowridge now sells for R2.6 million,” adds Smith.

“Property prices in Bergvliet have increased by 8% this year compared to last year, where the average house now sells for R2.5 million.”


4 Bedroom House for sale in Tokai, Cape Town

Meanwhile, Diep River has seen a rise in property prices of 5% where an average property sells for R1.5 million.

“Buyers looking to get into the area should take every opportunity to visit show houses, and be aware that properties that come on the market are selling fast,” says Venter. “Houses that are correctly priced are selling in less than a month or in some cases as quickly as within five days.”

Venter says buyers should keep in touch with estate agents to be sure they are notified when a property comes on the market. “Sellers are more inclined to choose a buyer who is able to afford to buy their property as soon as possible, so give yourself that edge if you can as the market is full of buyers, however the number of properties for sale is not meeting that demand,” concludes Venter.



  Comment on this Article

  Please login to post comments

Post to my facebook wall
  
2000
Characters remaining


    Latest Property News
    • 22 Jun 2018
      The rental market in many Johannesburg suburbs has shown encouraging signs of revival this year but it remains a competitive market and landlords who best cater to their market’s needs will reap the healthiest returns.
    • 22 Jun 2018
      Home design is constantly evolving to reflect the changing needs of society. We look at some of the ways in which our use of space is changing.
    • 22 Jun 2018
      While estate agents can help the seller with correctly pricing the property and marketing a property to the right pool of potential buyers, at the end of the day it’s the impression that the property will make on buyers that counts the most.
    • 21 Jun 2018
      Anyone who’s ever been involved in a building project that’s gone wrong will appreciate the importance of adequate insurance cover in the construction industry.
    • 21 Jun 2018
      A recent news story about a blind tenant caught in a legal battle with his body corporate over letters and notices he was unable to read and consequently comply with has raised the question: what are the legal obligations for landlords with disabled tenants?
    • 21 Jun 2018
      A trend that’s taken the world by storm in recent years is that of hygge (pronounced: hue-guh), a Danish concept that is about creating intimacy, connecting with loved ones and taking pleasure in small, ordinary things.
    • 20 Jun 2018
      Buying or selling real estate isn’t as easy as it is portrayed sometimes, especially if there is a death of a party during the transaction which can make it awkward, tricky and inconvenient.
    • 20 Jun 2018
      With interest rates remaining at historic lows and banks continuing to compete for mortgage finance business, first-time buyers with funds at their disposal are currently well-placed to gain that initial foothold on the property ladder, particularly in the light of the slightly lower growth rates currently experienced in residential property values.
        
    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