select
|

Something for everyone in Rondebosch

The freehold residential property market in the Cape Town suburb of Rondebosch is seeing consistent, positive activity from buyers.  


4 Bedroom House for sale in Rondebosch

The average price for properties sold in the first quarter of this year -and last year - totalled around R3.4 million, offering really good value compared to other southern suburbs. “What is most appealing about this central location is that it consists of several areas each suited to different budgets,” says Richard Staniforth, who recently joined Jawitz Properties specifically to service Rondebosch.

“The Golden Mile is most sought after by families for its close proximity to schools, where an average property is priced around R4.5 million. The Silver Mile provides a cheaper alternative for the upwardly mobile in the price range of around R3 million, while Park Estate is gaining traction in the young professional market where properties are priced around R2.5 million.”

Even within these bands prices vary and Staniforth says there really is something for everyone, including those who may be looking for an investment property with renovation potential. “Homes are generally older in Rondebosch, circa 1950s. The Golden Mile in particular has been completely revamped.”

Rondebosch is a high demand area so when stock comes on the market, it goes quickly. For families, with good schools as a major drawcard, it is essential to live in the catchment area in order for children to be allowed to attend. “We see a trend in that once children are all grown up, some parents look to downsize and perhaps even move out of the area.”

In addition to schools, the area offers close proximity to the CBD and is packed with amenities on its doorstep. “For a spot of culture, the Baxter Theatre is right here, while Kelvin Grove remains a popular location for functions. Newlands is just next door offering sporting facilities at its cricket and rugby grounds, Claremont is also a neighbour within walking distance and home to popular shopping mall, Cavendish Square, while Rondebosch itself has restaurants and shopping facilities,” adds Staniforth.

“You would pay a premium to live in other southern suburbs such as Bishopscourt and Upper Claremont and Constantia, but Rondebosch offers a very similar location at a more affordable price,” says Director of Jawitz Properties, Francois Venter. “We are expecting the Cape Town residential property market to be buoyant going forward and Rondebosch is one area where buyers continue to find good value for money.”


  Comment on this Article

  Please login to post comments

Post to my facebook wall
  
2000
Characters remaining


    Latest Property News
    • 18 Aug 2017
      We all know that home renovations can be a pricey affair, but they are necessary to maintain and improve the value of your home.
    • 18 Aug 2017
      If you’re battling to get onto the housing ladder, applying for a home loan together with someone else can improve your chances. You do however need to be aware of the pros and cons.
    • 18 Aug 2017
      The passing of a loved one is a difficult time, and dealing with the intricacies of inheritance while grieving is not always easy. When it comes to an inherited property, however, understanding your options and obligations can make the process much simpler for everyone involved. Bill Rawson, Chairman of the Rawson Property Group, shares his step-by-step guide
    • 17 Aug 2017
      Today, energy conservation has become more important than ever for many homeowners. But property re-sale value is always a concern when major adjustments are made to homes, all in the name of the environment.
    • 17 Aug 2017
      For the seventh year running Melbourne has been named the world’s most “liveable” city. With Johannesburg and Pretoria being the only two South African cities to rank within the first 100.
    • 17 Aug 2017
      You find a home that seems to have everything you have been looking for, from the right number of bedrooms to the type of kitchen countertops, but how do you know that it is really the one?
    • 17 Aug 2017
      Ideally situated in Cape Town’s hugely popular Northern Suburbs, the adjacent suburbs of Plattekloof and Panorama share more than alliteration.
    • 17 Aug 2017
      Let’s face it, the last thing most people want to do when selling their home is hand over a piece of the profit to their real estate agent. A lot of prospective sellers ask themselves if it’s really worth using an agent at all – how hard can it be to sell a home with all the advice and tools available on the internet?
        
    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