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
    • 25 Jul 2017
      Homes in residential and golf estates remain a popular option in Gauteng with many people appreciating the concern-free community lifestyle that they afford, as well as the high level of recreational facilities on offer.
    • 25 Jul 2017
      The residential property market is a competitive one at the moment as the economic and political conditions have made buyers extra cautious in their purchasing endeavours.
    • 25 Jul 2017
      Anyone who purchases a home will need to have the title deed transferred into their name as proof that they own the property.
    • 25 Jul 2017
      If you're thinking about selling your property, you're likely hoping it will be sooner rather than later. But when is the right time to sell?
    • 24 Jul 2017
      Of the various disputes dealt with in sectional title schemes, it could possibly be said that those involving pets is high, and it possibly for this reason that the rules dealing with pets is at the top of the list in the Sectional Title Schemes Management Act, says Michael Bauer, general manager of property management company IHFM.
    • 24 Jul 2017
      According to BetterBond, home loan applications from first-time buyers continue to increase but their success is dependent on how financially disciplined they are.
    • 24 Jul 2017
      If you are selling your property you should know it doesn’t just involve a property agent, a moving company and maybe a storage facility - there are a few other costs you should prepare for. We take a closer look at the unexpected costs.
    • 24 Jul 2017
      Marriage is an undeniably life-changing event, and not just in the emotional sense – it alters the way we manage things like finances and property ownership too. The contractual side of tying the knot may not be particularly romantic, but it can have far-reaching effects on your future, and should definitely be a part of your discussions before you say “I do”.
        
    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