Looking for a family home without the wild goose chase of home shopping? Seeking a spacious property with a garden and living space to raise a family? Here are some real time facts and figures for you to consider about Fish Hoek property and why it may be a great option for you and your family.
The average sale price of a freehold property, meaning a single home on an individual piece of land, was R1 562 029. The average price for a Sectional Titled property was R864 638.
Although the values for Sectional Title are good for this area, one mustn’t hold their breath because only 15% of the market in Fish Hoek is comprised of Sectional Titled properties. The real value is in knowing that the market stock of Fish Hoek is predominantly, with a whopping 84%, made up of single residential property.
What does this mean for families?
You will spend more quality time looking for homes in Fish Hoek than you will in other areas where the housing market makes up more Sectional Title units rather than family homes. Meaning, there is statistically a higher likelihood that you will find something to your liking and in your affordability range in Fish Hoek property than elsewhere. Instead of wasting your Sunday afternoons lugging the kids around all over the Western province, browse the inventory of family homes in Fish Hoek and you will have a higher success rate for your weekend spent window shopping for homes.
What can I expect?
On average, homes in this area consist of a traditional 3 bedroom/2 bathroom lay out with spacious living areas and ample gardens. You will often find an additional feature which adds value to each home, such as a self-contained flat, a home office, and/or double garage.
Other areas within the City of Cape Town that Fish Hoek’s single residential valuation is comparable to: West Beach, De Duin, Zevendal and Flamingo Vlei. Within the Western Cape Fish Hoek is similar to Onrus, Hunters Estate, Vrykyk, and Glencarin Heights. Lastly, within the larger reach of South Africa, Fish Hoek property values are comparable to Paulshof and Bramley North in Johannesburg, Hillsboro in Mangaung, the Blue Saddle Ranches in Gauteng, and the Islands Estate in the North West Province.
What about amenities?
In Fish Hoek, residents enjoy living on the beach in large family homes with plentiful gardens as well as being in close proximity to a variety of schools, shopping centres and medical facilities. In terms of primary schools, there is Bay Primary and Fish Hoek Primary as well as Fish Hoek Middle School. For Secondary schools there is Fish Hoek Senior High school. Multiple shopping centres include: Valley Land Centre, The Arcade Shopping Centre and Town Square. Residents have two hospitals close by to choose from: False Bay Hospital and Longbeach Medical Centre.
Between the amazing property values, abundance of family homes and all the amenities that families benefit from by living in Fish Hoek, it’s no wonder that the area is predominantly made up of single residential freeholdings. Therefore, Fish Hoek property will always be a fantastic option for families looking for value in a comfortable sea-side lifestyle community with others seeking the same.
Anita Lyon is a professional writer that specializes in South African property. Always thoroughly researches potential property deals by getting the most information on not only the acquisition itself but the surrounding area, current market trends, and other factors contributing to the property in Fish Hoek.