Montagu Property Market
Montagu in the Western Cape offers a great selection of property and property types despite its small size. With beautiful Victorian and Edwardian architecture the town offers small modest 2 bed room houses right up to sprawling mansions and villas.
The town also offers a selection of apartments, sectional titles and vacant land. So no matter your budget, as a purchaser you will be able to find a selection of Montagu properties to view and choose from.
Montagu property investors looking to make a prudent investment won’t be disappointed with the local house listings. According to the FNB Montagu property reports a tiny portion of the houses in Montagu are in the sectional title sector (typically townhouses, flats and apartments), with the rest of the houses falling into the freestanding category.
Just over half of the freehold properties in Montagu are shown as being 3 bedroomed, and between 100 square metres and 200 square metres in extent. Currently, price and volume trends on Montagu houses are looking good, with prices rising steadily from 2011, and the number of unit sales increasing in particular since 2012.
Demographics show that most of the Montagu property buyers and sellers over the past few years are 55 years old and over, but those between 35 and 54 still represent a decent segment too within the full title houses sector (freehold properties).
With sectional title properties in Montagu there is an interesting trend of late especially; the number of buyers aged 24 to 35 is on the increase and over the last year proves to be about the same as the composition of 55 year plus buyer – however it is a small sector of the Montagu real estate market. Montagu is proving to offer something that will suit the needs of almost any prospective purchaser.
In terms of houses for sale in Montagu, the town plays host to a variety of architectural styles and types. From small, quaint 2 bedroom cottages which many associate with Montagu and this part of the Western Cape, right the way through to massive designer masterpieces, traditional homes, villa-style homes and much more.
Your typical 2 bedroom freehold units will generally start at around R 500 – 600 000 while your much larger exclusive “estate styled” Montagu properties can set you back upward of R 10, 000 000.
Whilst (as mentioned above) the Montagu housing market also offers a few apartment units. These units are almost exclusively smaller 2 bedroom apartments, ideal for first time buyers or as an investment. These units generally start out at around R 500 - R600 000 and can fetch up to R 800 000 depending on the size and location of the specific unit.
There is also an active market for vacant land in Montagu. The plots vary in size and there are both commercial stands for business, or residential plots for building your own home in this scenic village. Most vacant stands start out at around R 200 – 250 000 and vary price wise up to around the R 3, 000 000 mark for the much larger plots.
Tivvit suburb trend reports on Montagu property sales indicate 59 full title sales and 5 sectional title sales in the last 12 months. The average sales price for freestanding Montagu houses for sale stands at over R 860 000, and close to R 550 000 for sectional title units which corroborates the information above.
The town really does have so much to offer, especially if you are looking to get away from city life - be it for permanent residence, retirement or investment purposes such as a “vacation retreat” property type for you and your family. Montagu property for sale allows you to settle down in the countryside with authentic tranquillity at your doorstep!
The picturesque town of Montagu lies on South Africa’s famous Route 62, which so happens to be the world’s longest wine route. Montagu is just a stone’s throw away from the Robertson Wine Valley.
The village is located just two hours (around 180 kilometres) outside of Cape Town and Montagu property owners enjoy a truly ‘rural’ experience. If you are entering Montagu from the Breede River you will be travelling alongside the old Bain's road through the spectacular Cogmans Kloof before reaching the Hole in the Rock, known locally as the Gateway to the Klein Karoo.
A variety of accommodation is available in Montagu including Hotels, Lodges, Bed and Breakfasts, Self-catering cottages, Farms and Camp sites.
The town offers access to good schools catering for learners of all levels. These include Montagu High School, Montagu Primary School, King’s Christian School as well as Laerskool Koo.
Given the town’s close proximity to Cape Town, learners can find some of the country’s best boarding schools just two hours outside of Montagu.
UCT, Stellenbosch and other Western Cape tertiary institutes are available options for further studies, especially for part-time students or those opting for distance learning with very few compulsory lectures.
There is an array of shopping opportunities for ‘fresh’ or natural goods including wine, dried fruit as well as home industry styled goods.
There is also a shopping centre located within the town, as well as Standard Bank and ABSA branches close by. Any specialised shopping would best be served in the larger neighbouring towns such as Worcester and Paarl.
Montagu Health and Safety
Montagu offers a range of good doctors, dentists, optometrists as well as chemists. Should you find yourself needing more specialised medical treatment the town does play host to the state run Montagu Hospital as well as the Montagu Health Centre.
The town is policed by the SAPS; their police station can be found in Bath Street which is just off of Long Street.
There is much to do in the way of leisure activities in Montagu!
Because of its close proximity to some of South Africa’s most famous wineries, many people enjoy taking day trips for tasting sessions.
Montagu is also regarded as one of the best rock climbing areas in South Africa.
For the chasers of the little white ball – the town offers an 18 hole golf course at the Montagu Country Club.
Montagu also hosts one of the few youth festivals in South Africa which allows the youth to showcase their artistic talents, from dance to poetry to music.
As you can see, owning a home in Montagu gives you easy access to the aforementioned and various other attractions.