Blouberg Property Making Waves
Category News
The Western Cape property market continues to grow from strength to strength in comparison to other regions, where house price growth remains somewhat dormant. In 2013 this province began outperforming the rest of the country with strong semigration trends from South Africans driving up demand for homes in the Mother City. This is clearly illustrated by Lightstone reports which indicate that the national home price inflation rate at the end of May 2017 was 4.0%, while the Western Cape’s came in at more than double the national standard at 8.2% house price growth inflation.
Due to popularity and demand, suburbs surrounding the city centre, extending down the coast, are also experiencing increased interest. In particular, Cape Town’s Atlantic Seaboard residential property market which has enjoyed an upsurge in overall activity.
Situated right across the bay, from Table Mountain, lies a suburb that is fast gaining reputation as one of Cape Town’s most sought-after and appealing neighbourhoods. Blouberg has been making waves in the market of late, apart from being a residential node that draws hordes of visitors each year due to its splendid beaches and water sport offerings.
This suburb has been attracting a wide variety of buyers ranging from young-professionals, families and even foreign investors who recognise the diverse array of property options available in this suburb at various price points. Over the past year the predominant amount of buyers in Blouberg have fallen between the ages of 36 and 49 (44.6%), followed by buyers in the 50-64 age range (29.2%).
Demand for Blouberg property buoyant and areas located in close proximity to prestigious schools, top-notch amenities and the beaches – such as Big May and Bloubergstrand has seen the best performance. This suburb’s popularity is sure to see prices continue to rise for the foreseeable future - residence in Blouberg can range drastically from one bedroom sectional apartments on the market for under R1 million to four bedroom freehold titles fetching prices of over R4 million. Generally the asking price for one to five bedroom abodes spans up to R10 million and above, but competitively priced properties can still be found.
Currently on the market in the beautiful Blouberg is a three bedroom family home listed at R3,490,000. This double storey has been meticulously built to the highest specifications and is sure to meet all of your family’s living requirements. As soon as you walk through the door you will be met by modern minimalism and bright natural light. This home boasts an open plan kitchen, dining room and lounge with stack-away doors that leads into a perfectly manicured garden. Upstairs you will find three generous bedrooms and two full bathrooms – the main bedroom has an en-suite bathroom, walk-in closet and balcony that offer stunning views. This is definitely a ‘not-to-be-missed’ opportunity.
The demand for Blouberg property is at an all-time high, while beachfront properties and security estate stock tend to be hard to come by there are still prime residences available to the most discerning buyer. Dormehl Phalane Property Group has an array of properties available in Blouberg – from large family homes, new sectional developments and one bedroom flats. Contact our dedicated team of area specialists today to help you find the ideal home for you and your family in Blouberg.
Author: Dormehl Phalane Property Group
