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
    • 17 Jan 2017
      From fresh colours to faux leather, 2017 is set to be a big year for home interiors and we take a look at some of the trends we cannot wait to try out!
    • 17 Jan 2017
      The tranquil, unassuming suburb of Bergvliet in Cape Town’s Constantia Valley achieved record sale prices in 2016 despite the national economic slump, with average house prices increasing by some 10% since the end of 2015.
    • 17 Jan 2017
      While it may sound like a reasonably easy thing to do, finding the ideal home may take a little more time and effort than most expect, especially if the potential buyer doesn’t follow any specific process.
    • 16 Jan 2017
      Situated in the sought-after Pretoria East estate, Mooikloof Equestrian Estate, our Property Pick of the day is an elegant home with more than just modern convenience. ?
    • 16 Jan 2017
      The Baby Boomer generation is renowned for being non-conformist – and its members are once again doing things differently when it comes to deciding where to live in their later years.
    • 16 Jan 2017
      Consumer confidence as a driver of long-term decision making will be the key to the recovery of the residential property market in 2017.
    • 16 Jan 2017
      Robert Broom is one of the main arteries that runs through Krugersdorp in the Westrand, crossing through Noordheuwel, Rangeview and past the Sugarbush Estate. Residential property in these areas are increasingly in demand as they offer great value both in terms of sectional title and freehold properties and access to good schools and amenities.
    • 14 Jan 2017
      Sellers sometimes receive more than one offer to purchase (OTP) on their properties at a time, especially for homes in sought-after areas, says Adrian Goslett, regional director and chief executive of RE/MAX of Southern Africa.
        
    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