select
|

Constantiaberg enjoys strong buyer demand

The Constantiaberg suburbs of Bergvliet, Diep River and Meadowridge are enjoying consistently strong buyer demand in the residential freehold market. 


4 Bedroom House for sale in Constantia

As a result, Bergvliet has seen property values increase by 16% year on year to the end of the first quarter, with an average price of R2.870 million. For the same period, Diep River has enjoyed value increases of 18% with an average price of R1.560 million, while Meadowridge has seen a 12% increase with an average price of R2.550 million.

“The demand for property in these areas can be attributed in part to their close proximity to excellent schools from pre-school level right through to primary and high school,” says Noel Smith, Southern Suburbs Sales Consultant at Jawitz Properties.

“These suburbs are also safe with the crime rate down by 16.5% year on year thanks to the services of the reputable BKM Neighbourhood Watch.”

With a sense of family and community dominating here, Constantiaberg is an ideal area to raise children with plenty of trees and gardens providing safe playgrounds and where it’s safe to walk and to cycle to school.  

Properties in these suburbs are a little older and solidly built, have good-sized gardens and some offer excellent renovation potential. “Plots range from 800m2 to 1000m2 on average,” adds Smith.

“These suburbs are a more affordable option for buyers who are looking to be close to good public schools, or to be in the sought-after catchment areas for private schools such as Reddam and the Waldorf school, particularly when compared to the cost of settling down in neighbouring suburbs such as Constantia, Claremont or Wynberg,” Smith says. “Constantiaberg suburbs provide fantastic value for money.”

In a recent informal study conducted by Jawitz Properties, it was found that the larger percentage of buyers in this area is specifically looking to settle here because of the stellar education facilities while a smaller percentage is looking to downscale from a cost perspective from more expensive suburbs like Constantia.

“In addition to school facilities, the area offers close proximity to amenities such as the popular Constantia Village, local Bergvliet shopping centres, as well as the recently renovated Blue Route Mall to name a few,” Smith concludes.


  Comment on this Article

  Please login to post comments

Post to my facebook wall
  
2000
Characters remaining


    Latest Property News
    • 26 Apr 2018
      Banks are showing an increased appetite to lend according to first quarter (Q1 2018) property statistics recently released by ooba, South Africa’s leading home loan originator.
    • 26 Apr 2018
      Moving into a new home comes with such a long list of expenses that one often searches for ways to cut back on costs. Hiring a professional moving company is one of the first expenses that many buyers tend to try and work around, especially now that purse strings are even tighter owing to the VAT increase that took effect this month.
    • 26 Apr 2018
      Investors looking to buy a property offshore can potentially recoup their money faster through short-term rentals than traditional letting options, all the while earning income in a foreign currency.
    • 25 Apr 2018
      Whether you are a seasoned seller or new to the game, putting your home on the market is an exciting moment. To ensure you get the best possible outcome these 8 value adding additions to your home is worth the effort.
    • 25 Apr 2018
      After four years of unprecedented growth fuelled by semigration, the Southern suburbs market faced a number of challenges in 2017, including dwindling affordability and a marked slowing in house price growth with many sellers forced to lower their prices in order to secure a sale.
    • 25 Apr 2018
      Mall of Africa, is celebrating its second year of sensational success. This splendid super-regional shopping centre first opened on 28 April 2016, and has grown in popularity, performance and profile since then.
    • 25 Apr 2018
      While the role of trustee in a sectional title scheme is a voluntary and unpaid position, it is one that comes with huge responsibility. Trustees have a fiduciary duty towards their scheme, says Chinelle Hewit, Operations Manager at sectional title finance company Propell.
    • 24 Apr 2018
      The thing about the property ladder is that at some point in our lives we all have reason to want to climb a rung or two higher. Sometimes, it’s because we’ve outgrown our previous dream home, or because we want to be in a better neighbourhood that’s closer to work or to schools. Sometimes it’s because our circumstances have changed, and we’re taking care of elderly parents or relatives. Sometimes, it’s just because we want a property that reflects the financial status our hard work has won.
        
    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