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Rural Noordhoek a ‘keeper’

Noordhoek with its rural atmosphere, proximity to the beach, large stands and equestrian properties has an abiding attraction for property buyers, and more than a third of its residents have owned their properties for a decade or longer.


 
While the beach offers opportunities for swimming, long walks, horse riding and surfing, Noordhoek's setting, with sweeping sea and mountain views, is another firm plus for the area, says Jenny Shaw, co-owner of top local agency Harcourts Back Wave.
 
"And it is only a 12-minute drive over the mountain to the freeway, which makes places of work easily accessible," she adds, "while excellent shopping and most medical facilities and good local schools as well as charming restaurants, galleries and quaint shops at the Farm Village and Red Herring Centre make for an attractive and relaxed lifestyle."
 
The number of sales in the valley has almost doubled since the market low in 2009 and prices are now on an upward trajectory, she says. Current prices, however, vary considerably depending on location. Entry-level prices are around R2m and age, condition and location of the property play a bigger role than the size of the accommodation.
 
Most properties, however, fall into the R3m to R5m price range and generally offer a minimum of three bedrooms, two bathrooms, two living areas and a double garage.
 
Prices in De Goede Hoop estate can reach more than R15m, as can those for homes on the beachfront and for other upmarket properties on large stands.
 
Most sellers in the area are older residents, but they tend to scale down or take up residence in local retirement villages. Noordhoek Manor, a sectional title retirement complex, and Silvermine Village are popular choices.
 
Most current buyers are in the 35 to 50 age group but there is a developing trend of increasingly younger buyers entering the Noordhoek property market, Shaw says.
 
"Buyers are looking for a quality lifestyle at an affordable price. Technology has also played a role and, although city offices are easily accessible, people who want to make the most of the opportunities of living in Noordhoek with their families, are opting to set up home offices."
 
Security estates such as Lake Michelle are becoming increasingly popular among young family buyers who love the idea of allowing their children to roam and play in the streets in complete safety, she says.


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