Cas Muller of leading local agency Homenet Model Estates says these areas have a long history as popular residential suburbs among upmarket buyers on the Cape Flats. "Their position is excellent. They are conveniently situated between the Diep River and Heathfield railway stations and offer easy access to both the M3 and M5 freeways.
"They are also firmly established, with good pre-primary, primary and high schools, while residents have a choice between three nearby shopping centres."
But, he says, it's value for money that is really attracting buyers at the moment. Family homes with three bedrooms can still be found in these 40-year-old suburbs from around R800k. And at the top end of the market there are also bargains, especially in comparison with nearby neighbourhoods such as Plumstead.
"For example, a few weeks ago we sold a 200sq m property in Punts Estate for R1,1m. The property offers four bedrooms, three reception rooms and a double garage, all on a 676sq m stand. By contrast, we sold a two-bedroom home of 125sq m on a 496sq m stand in Plumstead for R1m.
"We also recently sold a property in Punts Estate for R900k that consisted of a 100sq m free-standing home on a stand of 419sq m, compared with an 85sqm semi-detached unit on 250sq m of land in Plumstead that also went for R900k."
Muller says the record selling price to date for Elfindale and Punts Estate was R1,350m. "Most properties in these areas sell at around R1m, but rand-for-rand, buyers are getting really good value for their money."
For more information contact Cas Muller on 021 706 1101 or click here to visit the website.
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