Thirty five kilometres outside of Cape Town lies the coastal village of Melkbosstrand. Close enough to the city for a daily commute, the area offers residents the best of both worlds - a seven kilometre stretch of white beach and the proximity of the West Coast National Park while still being close to all that the Mother City has to offer.
This ground floor apartment offers two bedrooms, two bathrooms, open plan living areas, a communal swimming pool, tennis court and gym. It is on the market for R1.44 million - click here to view.
For many, Melkbosstrand is also on the doorstep of the West Coast with quaint fishing villages like Paternoster within easy travelling distance. While more developed, in part due to the Koeberg Nuclear Power Station, the area has managed to retain its small town charm.
Over 58 percent of the property available in Melkbosstrand is freehold but there are also a number of homes available in the Atlantic Beach Golf Estate as well as various sectional title properties for those who desire something smaller.
The average income for homeowners in the area ranges between R43 000 and R51 000 with just over 3 000 adults living there. Most of the recent buyers are between the ages of 36 and 49 while the majority of sellers are over 65 years old and likely looking to scale down.
According to Lightsone, most freehold homes are selling for R1.6 million while sectional title property prices are around R797 000. Both freehold and sectional title property has shown a steady increase in
This home has three bedrooms, three bathrooms, a modern kitchen with walk-in pantry and a double garage. It is priced at R3.35 million - click here to view.
value this year, increasing by R475 000 and R215 000 respectively since 2012.
Petra van Asch, Manager of Leapfrog Melkbosstrand, says they’ve seen an increase in interest from buyers over the past few months, especially from people who are eager to enjoy the area's unspoilt beaches and pristine ecosystem while still needing access to their jobs in town and good schools for their children.
He says the past few years have been tough for the property market, especially for the smaller coastal towns like Melkbosstrand. “If you look at Lightstone's average house prices from 2007 to 2009, you'll see a dramatic fall from R1.558 million for a freehold property to R918 000 two years later. Things are looking much better in 2013 and we're positive as we near towards the end of the year.”
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