Newlands estate agents talk property

Newlands estate agents talk property

Private Property South Africa
Private Property Reporter

Estate agents from the Cape Town suburb of Newlands discuss what makes the property market in the area so popular.

Who is buying property in the area and what types of properties are available?

Newlands is ideally situated below the eastern slopes of Table Mountain, within easy reach of top schools, forest walks and jogging trails, boutique shops, the rugby and cricket grounds, eateries and cafes. Newlands Village, for example, is attractive to a range of people, from families to professionals, “swallows” and out-of-towners wanting a lock-up-and-go in a prime position. They can choose from small, beautifully restored Victorian cottages to spacious modernised homes. Leafy Fernwood, close to Kirstenbosch National Botanical Garden, has larger erven and magnificent views. Accordingly, there is great demand for a range of properties, from smaller units to homes on larger erven.

Vickie Francis: Property consultant, Pam Golding Properties

What can buyers expect to pay for property?

The sought-after village atmosphere, access to top schools and an easy commute to the freeways and CBD create a high demand from family buyers. This coupled with stock shortages is resulting in price growth not seen for a few years. Sectional title and townhouse living properties are changing hands from R2m and up, entry-level freehold from R4m. Top-end luxury properties with high-quality finishes and mountain views can fetch upwards of R10m. The highest demand at present is for homes priced from R5m to R6m, for which buyers expect a three- or four-bedroom home with a garden and double garage.

Mark Upton: CEO, Upton Properties

What do you love most about this area?

As an agent and resident of Newlands, I am passionate about the area. Trendy shopping, fabulous restaurants, magical Newlands Forest walks, Kirstenbosch, schools and university, cricket and rugby are all on your doorstep. Fernwood, leafy with large erven is ideal for growing families. Hiddingh Estate is the area for couples planning a family and wanting the feel of peace and tranquillity. With the wonderful Paradise Park playground, Liesbeek River walks, this area is perfect. Newlands Village with its Chelsea charm and state-of-the-art renovations is the area most sought-after by trendy couples looking for a unique lifestyle.

Sandra Evans: Property consultant, Knight Frank

Experience Cape Town's Southern Suburbs here:

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Explore neighbourhoods mentioned in this article

Cape Town City Bowl
Hip and Happening Hotspot
Living in the CBD of Cape Town is unlike any other city centre. Table Mountain, Lions Head and Signal Hill cradle the City Centre, with mountain hikes and forests in easy access and it is within minutes’ drive to some of the world’s best beaches. Depending on which area in the city you live, the housing arrangements can vary from large leafy houses in Oranjezicht, to small studio apartments in the City Centre. Living in the CBD of Cape Town gives the best of both worlds as you're in close proximity to all amenities, as well as have nature on your doorstep.
Cape Town Southern Suburbs
Affluent Village Feel
The Southern Suburbs make up some of the most popular residential areas in Cape Town. With large plots of land and roomy homes, the area attracts a fairly affluent crowd. The suburbs in the area include Rondebosch, Claremont, Plumstead, Ottery, Wynberg, Newlands, Constantia and Bishopscourt, Pinelands, Observatory, Tokai, Bergvliet, Kenilworth and Steenberg. Peaceful, quiet and leafy, the Southern Suburbs are seen by many as the perfect place to bring up children.