While the semigration to Cape Town is now a well-documented fact, less well-known are the upmarket estates that these non-Capetonians are moving to.
This is according to Seeff’s Johan Jacobs who said that one of the strongest property trends has been the move to secure lifestyle estates.
“Buyers migrating to the city from other areas are also especially drawn to the security that lifestyle estates offer, and Cape Town’s northern suburbs offer a number of these that rank high on the demand list for migrating buyers,” said Jacobs.
He said that despite the location, security and facilities that these estates offer, the prices are still very affordable by Cape Town standards and you can still buy in the R2 million – R5 million range in many of these estates, with top-end luxury houses still on offer around the R10 million price mark.
Popular estates include Burgundy Estate and Baronetcy Estate, both in Plattekloof, with the latter being especially sought-after for luxury buyers including top sport stars, he said.
“Then, there is also Welgedacht and Kanonberg in Durbanville and the exciting new Clara Anna Fontein, now under construction in the area.
“A big advantage of the northern area neighbourhoods such as Plattekloof and Durbanville, is the convenient access to the N1 combined with excellent amenities close by such as Canal Walk, the Blouberg beaches and a host of attractions in the Durbanville/Tygervalley area.
“The elevated location around the Tygerberg Hills offers fabulous views. And, says Jacobs, we also have the Durbanville Wine Valley, home to popular wineries such as De Grendel, Durbanville Hills, D’Aria, Meerendal, Phizante Kraal and Diemersdal, close by.”
According to Jacobs, these estates offer the ideal mix of lifestyle and security and are especially attractive for family and professional buyers.
This side of the city is renowned for its excellent schools and also provide good access to UCT and with the N1 close by, also to Stellenbosch University, he said.
“Affordability is a big draw-card and with that the security and lifestyle benefits and you can still buy for under R3 million in some cases and under R6 million in others.
“That said, the mini-boom of the past few years, has seen price ceilings lift considerably and luxury homes in Baronetcy now tops the R10 million price mark, ranging to about R18 million on average, says the licensee.”
These are some of some of the most popular estates according to Seeff:
- Burgundy Estate
- Baronetcy Estate
- Welgedacht and Kanonberg
- Clara Anna Fontein