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Gordon Bay’s Property Demand Spikes
Category Property News
It is common knowledge that the Western Cape property market is booming and has consistently outperformed other provinces in the country. Between 2015 and 2016 the average property selling price in the Cape soared, reflecting a real estate growth of 12.6%.
While the Cape Town property market sees increasing demand – partly due to the influx of in-landers migrating from other parts of South Africa and typography limits the expansion of the city – areas outside of Cape Town, particularly along the coast, are rapidly snowballing in value. The Western Cape also has the smallest number of buyers leaving the province due to the quality of life and sound economic advancement.
The growth statistics show a very positive outlook for Western Cape real estate, which provide investors with the peace of mind and the certainty that their asset will grow in worth.
Properties in the False Bay area have seen very optimistic growth, with average selling prices in this region increasing nearly at the provincial rate at 12%. There has been substantial interest in this area, with False Bay becoming a property hotspot, especially amongst upcountry investors.
With properties becoming increasingly scarce, the ascending demand is driving up prices in False Bay towns including; Gordons Bay, Kalk Bay, Simon’s Town and Muizenberg.
Being the smallest of the three towns in the picturesque Helderberg region, Gordon’s Bay is an idyllic seaside haven complemented by warm waters, white sandy beaches and a quaint harbour all just 30km from Cape Town. Located in the Helderberg region, the small coastal town of Gordon’s Bay has seen a healthy rise in property values in recent years, due to ongoing enquiries by buyers and a decrease in supply. With its warm ocean, white sandy beaches and picturesque harbour, it is situated a convenient 30km from Cape Town.
Gordons Bay has all the conveniences of a big city, while maintaining its small town feel. It boasts a regional shopping centre with nearly 200 stores, world class medical and healthcare facilities, prestigious schools and a variety of recreational activities. Its main attraction is its pristine beach, with Bikini Beach being the only blue flag beach in the Helderberg region; it provides the ideal setting for water sports.
Everything about Gordons Bay appeals to buyers who wish to experience a quality of life that is second to none. A variety of property options are available, entry level apartments, mansions on the mountainside, freestanding homes and seafront houses are all available in this tranquil town. Lew Geffen Sotheby’s International Realty has some of the most exclusive and beautiful properties available in Gordons Bay.
Currently on the market is a spectacular, luxury four bedroom home, listed at R18 000 000. This lavish abode is a three story masterpiece, built with the stunning views of the bay in mind. Attention to detail sums up the planning of this property, with every finish and nook meticulously designed and decorated. This property boasts breath-taking views of False Bay from every room and is situated in the serene Suikerbossie area of Gordons Bay. Spacious living areas with open staircases, temperature controlled cellar, dining area for 12, indoor Jacuzzi, snooker table, solar heated infinity pool and indoor braai – these are only a few of the features this extravagant home has to offer.
The window of opportunity to invest in one of Gordons Bay’s stunning properties is quickly closing – with potential buyers flocking to this coastal town and property prices on the rise, the future looks bright for the Gordons Bay property market.
Author: Lew Geffen Sotheby's International Realty