While the property market in the Western Cape has had its’ fair share of challenges over the last 18 months, certain areas have remained resilient and continue to be hotspots for property buyers.
According to Private Property’s statistics of people searching for property online, there are a few key areas in the Western Cape that are particularly popular. From Melkbosstrand to Goodwood, here are 10 of the most popular suburbs for home buyers.
Private Property data reveals that these are the most popular suburbs to live in, along with the home prices in them.
1. Goodwood
This neighbourhood combines the beauty of the Western Cape, with small-town living. The city of Cape Town is just a stone's throw away, for those who occasionally enjoy the offerings of a big city, or for an easy work commute. The lifestyle in this area is laid back, with a friendly community. It’s the pleasures of a small-town life, close to the big city.
Median Prices
House: R1 850 000
Flat: R655 000
Complex: R1 137 500
A typical property in Goodwood is a 3 bedroom house for R1 799 000. The monthly repayment on this home would be R 15 894 per month, over 20 years at the prime interest rate of 10.25% and payment of a 10% deposit.
View properties available in Goodwood
2. Mitchells Plain
Mitchells Plain is one of the most affordable suburbs in the Western Cape, with easy access to schools, shopping centres, hospitals and many more amenities. Nearby places to visit include Wolfgat Nature Reserve, Strandfontein Pavillion, Mnandi Beach, Blue Waters, Monwabisi Beach, Westridge Gardens and Portlands Indoor centre.
Median Prices
House: R650 000
Flat: R694 000
Complex: R675 000
A typical property in Mitchells Plain is a 3 bedroom house for R654 500. The monthly repayment on this home would be R 5 782 per month, over 20 years at the prime interest rate of 10.25% and payment of a 10% deposit.
See homes available in Mitchells Plain here
3. Eersterivier
Situated in the Kuilsriver area, this suburb offers a peaceful, country life which is ideal for families. This suburb is away from the hustle and bustle of city life, but not too far for residents to commute. From secure estates to farms and small holdings, there is an array of properties available in this area.
Median Prices
House: R800 000
Flat: R799 000
Complex: none
A typical property in Eersterivier is a 3 bedroom house for R820 000. The monthly repayment on this home would be R 7 245 per month, over 20 years at the prime interest rate of 10.25% and payment of a 10% deposit.
View home available in Eersterivier
4. Edgemead
Located near the N1 Shopping Centre in Goodwood, this area has both English and Afrikaans schools, as well as many soccer clubs. Sporting events are often held at the nearby Parow Civic Centre, with soccer being one of the main attractions. It’s a family-friendly neighbourhood, with a relaxed lifestyle.
Median Prices
House: R2 395 000
Flat: R1 439 000
Complex: R1 824 500
A typical property in Edgemead is a 3 bedroom house for R2 395 000. The monthly repayment on this home would be R 21 159 per month, over 20 years at the prime interest rate of 10.25% and payment of a 10% deposit.
View properties available in Edgemead
5. Plumstead
Plumstead is in the Southern Suburbs, one of the most popular residential areas in Cape Town. This area is peaceful, quiet and leafy, and is seen by many as the perfect place to bring up children. Plumstead is near the University of Cape Town, as well as many good schools.
Median Prices
House: R2 499 000
Flat: R1 350 000
Complex: R1 650 000
A typical property for sale in Plumstead is a 3 bedroom house for R2 495 000. The monthly repayment on this home would be R 22 043 per month, over 20 years at the prime interest rate of 10.25% and payment of a 10% deposit.
See properties available in Plumstead here
6. Blue Downs
This is a great family-friendly neighbourhood with many schools in the nearby area. The area offers a relaxed atmosphere, away from the hustle and bustle of Cape Town city, but is still near enough to commute. This suburb has been targeted by the Cape Town government for further development, these plans include more schools and public transport.
Median Prices
House: R650 000
Flat: R450 000
Complex: R619 000
A typical property for sale in Blue Downs is a 3 bedroom house for R700 000. The monthly repayment on this home would be R 6 184 per month, over 20 years at the prime interest rate of 10.25% and payment of a 10% deposit.
View properties for sale in Blue Downs here
7. Kuilsriver
Kuilsriver offers a tranquil, country life and is a fast-growing area. This area is perfect for families that want to live away from urban commercialism and enjoy small-town living. There are friendly, helpful and supportive people living in this small but busy suburb. Stellenbosch wine route is close to Kuilsriver, and is a great way to spend the day visiting world-famous wine farms.
Median Prices
House: R1 699 000
Flat: R755 000
Complex: R860 000
A typical property for sale in Kuilsriver is 3 bedroom house for R1 650 000. The monthly repayment on this home would be R 14 577 per month, over 20 years at the prime interest rate of 10.25% and payment of a 10% deposit.
See homes for sale in Kuilsriver
8. Bellville Central
The residential suburb of Bellville is just 25 kilometres outside Cape Town, with majestic views over the Winelands and the Stellenbosch Mountains. Living in Bellville is convenient and ideal for families as the CBD and various shopping centres are close by.
Median Prices
House: R1 950 000
Flat: R550 000
Complex: R1 425 000
A typical property for sale in Bellville Central is a 3 bedroom house for R1 850 000. The monthly repayment on this home would be R 16 344 per month, over 20 years at the prime interest rate of 10.25% and payment of a 10% deposit.
View homes available in Bellville Central
9. Bothasig
Bothasig is a suburb in Milnerton, with a laid back vibe, just 15 minutes from the Cape Town CBD. The area has an abundance of natural beauty with Milnerton lagoon, Woodbridge Island, Rietvlei Nature Reserve and Milnerton Beach nearby. The area is served by a number of shopping centres including Canal Walk, Bayside Mall and the Paddocks Shopping Centre.
Median Prices
House: R2 100 000
Flat: R858 000
Complex: R1 850 000
A typical property for sale in Bothasig is a 3 bedroom house for R1 970 000. The monthly repayment on this home would be R 17 405 per month, over 20 years at the prime interest rate of 10.25% and payment of a 10% deposit.
See homes for sale in Bothasig
10. Melkbosstrand
Melkbosstrand is home to a number of South African celebrities, such as retired rugby players, actors and writers, due to its phenomenal location and amazing views of Table Mountain. The world-famous surfing spot, Big Bay, is just 5km away. Situated 35km from Cape Town, this beach town offers a beautiful beach life, near the city.
Median Prices
House: R5 097 499
Flat: R2 150 000
Complex: R2 075 000
A typical property for sale in Melkbosstrand is a 4 bedroom house, currently with a median asking price of R5 595 000. The monthly repayment on this home would be R 49 431 per month, over 20 years at the prime interest rate of 10.25% and payment of a 10% deposit.
See homes for sale in Melkbosstrand
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Background: This report is compiled using search activity and median asking prices of residential properties listings on Private Property’s website in February 2019. To maintain consistency over time and assist comparison between areas, data is only presented for areas with 50 or more listed properties and grouped by the following common attributes of residential properties in South Africa: • type (houses, complexes or flats)
Some effort is also made to exclude outliers from the analysis. A feature of Private Property’s Report is that it provides insights based on current asking prices rather than the eventual rental prices of property transactions. This is an important distinction, as the two measures provide slightly different insights into the property market.
