select
|

Property values on the rise in picturesque Rome Glen, Somerset West

The picturesque Somerset West suburb of Rome Glen is seeing strong demand from family buyers, coupled with a significant rise in property values. 


This English-style home in Rome Glen has four bedrooms plus a separate flatlet, study, pool and double garage. Situated on an erf of 1174sqm, it is on the market exclusively through Pam Golding Properties, priced at R3.3 million.

Pam Golding Properties (PGP) reports that the suburb, which was established in 1988, has reached maturity, with most plots developed and its tranquil streets now lined with fully-grown trees. Almost every home enjoys views of either the Helderberg, Schapenberg or Hottentots Holland mountains, or False Bay, or in many cases, both.
 
PGP agent Gail Gould says over the course of 2012, 12 properties changed hands in Rome Glen, at an average price of R1.737 million. That figure rose quite substantially in 2013 to 16 properties sold, at an average price of R2.196 million. (source –Lighstone).
 
“This rise in value is not surprising given the demand for affordable family homes which are located close to good schools and amenities, and which offer a wholesome and secure lifestyle,” says PGP’s area manager for Somerset West, Louise Varga. “Residents of Rome Glen have the best of both worlds – a small suburb of just 250 homes and only nine streets, with a single access road and no commercial activity whatsoever apart from two B&B’s, ensuring a quiet, family-friendly environment.”
 
“On the other hand,” Varga continues, “amenities are all located within easy reach, including the private Vergelegen Medi-Clinic just down the road, all major shopping in the Somerset West town centre, just 2km away, and several excellent schools within a 5km range. These include Beaumont Primary, Somerset House Primary and the Helderberg International School, as well as Parel Vallei High School, which was rated 11th in the Western Cape based on its 2013 matric results. A new shopping centre is also under construction on Sir Lowry’s Pass Road, just 2km away, which is due for completion in 2015.”


This four-bedroomed home in Rome Glen enjoys magnificent views over the park and Helderberg Mountain. Occupying an erf of 1095sqm, the property also offers a separate one-bedroomed flatlet, double garage and swimming pool. It is on the market exclusively through Pam Golding Properties, priced at R4.9 million.
Another appealing factor is the suburb’s location on the northern slope of the Schapenberg, which ensures it is protected from the prevailing south-easterly winds in summer. Gould says there is also a large central park area with beautiful views of the Helderberg, frequented by many families for recreation and picnics. The suburb is bordered on three sides by the Boskloof Eco-Estate, Morgenster Wine estate and private agricultural land, creating a semi-rural atmosphere with prolific birdlife and no through-traffic.
 
Rome Glen consists primarily of free-standing family homes on plots between 800sqm and 1400sqm. Prices in the suburb range from around R1.8 million for some of the older, smaller homes, while more modern family homes are priced from R2.2 million upward, depending on their finishes and views. Many of the newer properties have been built with an energy-efficient, modern design, adding to their appeal and their prices. The highest price ever achieved in the suburb (by any agency) was R2.5 million for a home sold in September 2013. Gould adds that there are around 15 vacant plots still available for purchase, ranging in price from R800 000 to R1.1 million.
 


  Comment on this Article

  Please login to post comments

Post to my facebook wall
  
2000
Characters remaining


    Latest Property News
    • 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.
    • 18 Jan 2018
      New year, new goals! If you’ve resolved to purchase your first property in 2018, then this 6-step guide from the Rawson Property Group is a must-read. It will help you navigate and simplify what is often be seen as a confusing process of buying your first home – right from the house-hunt to the house-warming.
        
    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