There has been a boom in property sales along the West Coast, particularly in Langebaan as it offers safety and security and homes that facilitate a lock-up-and-go or work-from-home lifestyle.
RE/MAX Lagoon Estates, previously known as RE/MAX Lifestyle Estates, reported a record-breaking sales month for October 2020, accumulating their highest sales figures in their 15-year history of selling properties within Langebaan and Hopefield.
“There has been a boom in property sales along the coast, particularly in Langebaan as it offers all the things that buyers are looking for following the lockdown. The majority of buyers in the area are looking for safety and security and homes that facilitate a lock-up-and-go or work-from-home lifestyle. Buyers also want to escape the busy city life and urban lockdown. They want a better quality of life and many are either semigrating or retiring to the area,” explains Domonick Lodewick, Broker/Owner of RE/MAX Lagoon Estates.
West Coast property price averages have seen solid growth over the last five years, according to Property24 Data, with a marked 45% average price increase in Langebaan in particular - now a popular holiday town, known for almost year-round sunshine and spectacular water-sport appeal, including kite-surfing.
| Suburb | Average property price 2020 | YOY average price percentage change | Five-year average price percentage change |
| Hopefield | R550 000 | 20% | 20% |
| Jacobsbaai | R1.195m | -17% | -11% |
| Langebaan | R1.325m | 13% | 46% |
| Paternoster | R1.015m | -44% | -65% |
| St Helena Bay | R300 000 | 4% | 14% |
| Yzerfontein | R1.350m | -9% | 30% |
Source: Property24 Data
The oldest Cape West Coast town, and a beacon of fynbos heritage, Hopefield sits in the heart of the Sandveld, bisected by the Zoute River. Yzerfontein is a quaint fishing village with the longest uninterrupted beach on the South African coastline with 27km of uninterrupted views of Table Bay and one of the New 7 Wonders of Nature, Table Mountain.
Paternoster is an enclave of traditional West Coast lifestyle, and a delight for foodies looking for traditional authentic cuisine, with average property prices showing marked affordability for buyers right now.
Further along and about an 1h45min drive from Cape Town along the West Coast road you'll find the uninterrupted ocean views of St Helena Bay, said to be a firm favourite for those who love nature and the outdoors.
“Our registered sales for October totalled just over R22 million. Of this total, our top Sales Associate, Susan Opie, brought in R18 million in registered sales. She also concluded the highest residential sale for the area, breaking through the R10 million ceiling that previously existed in this popular seaside town.”
The average selling price for a home in Langebaan is approximately R2.5 million, and the price for an entry-level home is between R1.7 million to R2 million.
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