“The greater Blouberg area that stretches from Milnerton to Melkbosstrand, but especially the Table View, Parklands and Big Bay triangle, remains a very busy property market. Agents are still achieving excellent sales and we are now seeing more properties sell above the R2.5m price band that was once somewhat of a ceiling”, says Clinton Martle, Seeff Blouberg director.
“Sales for the year is standing at almost R2.5bn for the area as a whole. Our office has for example recently clinched sales of up to R4.5m, R5m and R6.7m in Big Bay and surrounds and are working on a R10m sale. Paul Klavas and Caroline Adkins concluded R30m in sales in the Big Bay area last month, almost unheard of for the area”, says Martle.
Meanwhile agent, Marlene Picksley also achieved a record month of R11m in sales in Sunningdale and surrounds. Martle says that the demand in the area remains buoyant, not just from local buyers, but also from UK and European buyers. The hunt is on for homes close to the beaches and top schools especially, coming largely from residential buyers, but the area is now a hot spot for holiday and second homes too, especially around the Big Bay, Bloubergstrand and Melkbosstrand areas.
“There is a high concentration of good schools, from pre-school to primary and secondary level and include a number of private schools such as Elkanah House, Parklands College and the new Generations School. Believe it or not though, there is still a shortage as the waiting lists are now years’ long”, he says.
“There are about twenty excellent schools in the area, well-spread so that most residents are within walking distance or just a short drive from the schools. There is even a primary and high school in Melkbosstrand”.
Martle says that the area is particularly family friendly with many facilities such as nurseries and restaurants such as Driftwoods with play areas for children. There are plenty of green belt areas and parks for ball sports and walks along with cycling trails and of course the long stretch of beach to enjoy throughout the year.
A further attraction, is the proliferation of leisure facilities, from mainstream gymnasiums such as Virgin Active to specialist fitness and Yoga as well as a sports fields and a soccer club.
The greater Blouberg area is now self-contained and residents do not have to travel outside of the area over weekends as there is a bustling commercial centre with everything from doctors and dentists to speech therapists and physiotherapy in the area. There are a number of medical centres and two private hospitals.
There is also just about every kind of service and shop that you could possible want for. In addition to a number of neighbourhood retail centres, a big regional mall is under construction, due to open next year.
“Although a prime coastal location with superb schools and facilities and prices are rising, the area remains relatively affordable. You can for example still find apartments on the Parklands and Table View side for under R1m and on the seaside for under R1.8m although those closer to the beach and in Big Bay now go for notably more”.
In Parklands North, you can find new houses for under R2m and older houses in Table View in a similar price range, he says. Luxury houses though are now seeing much higher prices with sales above R3m now achieved, not just on the seaside, but also in Table View and surrounds.
Martle says that although the market and price growth has slowed this year, he expects it to remain business as usual next year. “The excellent value and attractions in the area will continue to drive buyers and this is good news for serious sellers”.