Simons Town and Glencairn are residential precincts which, with 2 500 homes between them, are all set for a new wave of popularity.
This home offers three bedrooms, two bathrooms, open plan dining, a garden, swimming pool and garage. It is on the market for R1.55 million - click here to view.
This is according to Bill Rawson, the Chairman of the Rawson Property Group while Christine Crowley, Rawson's agent for Simons Town, says the latest sales figures appear to bear out this confidence in the area’s future.
She says although there have been only 34 sales altogether this year, the average prices achieved on freehold homes in Simons Town have been R2.578 million and R1.3 million in Glencairn. This shows that, according to Lightstone’s figures, prices are on a par with those achieved at the peak in 2008.
Crowley says since 2006, Simon’s Towns average prices have been among the steadiest in the country, never dropping below R1.7 million.
She says few other South African areas have shown such an encouraging ability to hold their values. “What is more, we have had almost no sales in execution – on average only one per year.”
This home has three bedrooms, three bathrooms, a swimming pool, garden and sea views. It is priced at R2.8 million - click here to view.
Certain perceptions about the area will be changing in the near future, she says.
Simons Town has been regarded by many as a village in which to retire, but although retirees are still prominent among the buyers, the majority of buyers, who come from all over South Africa and Europe, are looking for a holiday home or a place in which to live and work and then commute up the line or around South Africa as and when it suits them, generally avoiding the high traffic times, she explains.
She says the Naval Dockyard employees do not buy homes in the area because, at the prices mentioned, Simons Town homes are too expensive for most of the staff.
Crowley says in both Simons Town and Glencairn the big demand is for houses priced from R750 000 to R2.3 million. However, in Simons Town some 90 percent of properties are priced above R2 million and the agency has just sold one for R7.5 million.
This house offers four bedrooms, two bathrooms, a garden and garage. It is on the market for R3.775 million - click here to view.
Those in historic central Simons Town, often perched up on the mountainside with panoramic views of the harbour and False Bay, usually sell for between R2.5 million and R5 million. Freestanding homes in Glencairn sell for between R750 000 and R2.3 million.
Asked what it is that draws people to this area and makes it so appealing to many, particularly those with English roots, Leon Bosman says the village’s appeal appears to be based on nine factors.
He says few towns in South Africa have a more character-filled main street - ‘straight out of Southampton or Portsmouth’. “This coupled with splendid mountain walks, warm water beaches (one with the internationally famous Jackass penguin colony), one of the most active and friendly yacht clubs in South Africa, the always interesting activities of the Navy whose PR policy allows for regular visits from the public, a thriving country club and golf course, a rich history with a 150 year link to the Royal Navy, excellent restaurants and a low crime rate (kept that way by no less than three separate forces – from the Military, the Environmental Control Body and the SAPS), makes this town attractive.”
Current well-priced homes on the market include a three bedroom, double storey, balconied, mountainside home with harbour and sea views priced at R2.8 million.
A second three bedroom home in central Simons Town sited close to Seaforth Beach is priced at R2.75 million.
Also on the market is a double storey Victorian home with balconies in central Simons Town offering 1 900 square metres, priced at R4.995 million and an ultra-modern, luxurious four bedroom home with sea views priced at R3.6 million.
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