Somerset West Property and Area Information
Somerset West properties are amongst the most sought after real estate in South Africa, plus the area is widely appreciated as being exclusive and is the commercial capital of the Helderberg Basin. Most of the houses for sale in Somerset West bear an average price range of between R 1 000 000 to R 3, 000 000, with some of the area’s more exclusive homes fetching up to R 15 000 000.
SAPTG (South African Property Transfer Guide) reports confirm the demand and excellent market values of Somerset West property. It says a lot that the area still boasts relatively higher prices in spite of recent prevailing buyers’ market conditions. The first 5 months of 2013 depict close on 140 sectional title property sales with an average price of R 1 100 000. Freestanding property (conventional full title houses) sales in Somerset West over this period are closer to 360, with an average price of about R 1 800 000.
The 2013 FNB Somerset West property reports indicate that more than two thirds of the homes sold thus far have been full title or freestanding. The majority of these are 3 to 4 bedroom Somerset West houses of approximately 100 square metres to 300 square metres. It must be noted though, that secure estates (Schonenberg Estate, Erinvale Estate, Helderberg Estate etc) are gaining strong popularity as of late and you can fetch beautiful 3 to 4 bedroom estate homes for between R 1 800 000 and R 3, 200 000.
In terms of demographics, FNB’s Somerset West statistics show that the average household income of Somerset West property owners is R 37 000 to R 43 000. The age of recent buyers of homes in the area averages between 30 and 60, while sellers average at around 60.
Although Somerset West houses are definitely considered by many as family or retirement homes, real estate on offer in Somerset West still offers a variety of options. This flexibility makes it the perfect place to start a family, upgrade by acquiring a bigger home or even scale down if needs be.
General Area Information on Somerset West
Somerset West is considered a small paradise in the Western Cape, surrounded by spectacular views of the ocean and the Helderberg mountain range. Somerset West properties offer a relatively broad range of properties, from sectional title townhouses to a variety of older traditional free standing houses, modern homes and, steadily increasing in popularity, sought-after secure residential estates.
With most of Somerset West being in a high living standards measure (LSM) bracket you will find yourself living in an area of South Africa that is generally considered more safe and secure. This is evidenced by the abundance of family activities and the typical, leisurely lifestyle of those living there. Somerset West is situated about 50 kilometres, or half an hour drive east of Cape Town central, and allows convenient access to Cape Town International Airport. Although falling under the jurisdiction of the Greater Cape Town Municipality, Somerset West retains its very own lifestyle, atmosphere and uniqueness.
Nonetheless, with Cape Town being so close by, there’s no denying that Somerset West properties allow you first class access to the lively nightlife of the Cape while still owning your own piece of tranquility nearby. The natural mountain range and the perfect Mediterranean-like climate of Somerset West, means it is also home to some of the world’s greatest vineyards and wine estates. These include the Lourensford, Vergelegen and Morgenster to name a few.
Somerset West Amenities
Somerset West Schools
As an owner of property in Somerset West you are afforded access to excellent schools from pre-school to matric. You will find a good selection of both public - De Hoop Primary School, Beaumont Primary and Parel Vallei High School and private schools - Somerset West Private School, Somerset College and Helderberg International School a few examples. Stellenbosch University and the University of Western Cape located nearby are well-respected tertiary institutes.
Somerset West Medical Facilities
Vergelegen Medi-Clinic is centrally situated within the town. You also have a number of established hospitals to choose from. Among these fully equipped facilities are the Helderberg Hospital.
Somerset West | Nature and Outdoors
Somerset West property owners can also enjoy nature at its best! The spectacular Helderberg Nature Reserve is a 363 hectare natural wildlife preserve. You can indulge in various activities including leisurely hiking, bird watching and even adrenaline-seeking trail-running, to name a few.
The beautiful weather and natural flow of the landscape also allow Somerset West home owners to enjoy golfing at some of the most immaculate courses nearby. As an example, the 18 hole par 72 Somerset West Golf Club offers a parkland feel, with an expanse of almost 6km in length.
Somerset West Shopping
Somerset Mall Shopping Centre is the biggest of the shopping centres within the area offering more than 200 retail shops, including the most popular brands. Waterstone Shopping Village, situated on the corner of the R44 and Main Road, has a Woolworths Food outlet and a Pick n Pay. You have a Kwik Spar conveniently situated nearby at Lion Square Shopping Centre, while Somerset West is also well known for several fine dining and traditional fare restaurants.
Buying a home in Somerset West
Purchasing property in Somerset West doesn’t have to be a difficult process.
Chas Everitt’s Somerset West estate agents are veterans when it comes to helping homeowners sell their properties and buyers find and secure the best deals.
With our extensive knowledge and expertise you can rest assured of professional service, efficiency and well-priced flats, houses, apartment or townhouse properties suited to your individual needs. Contact us today on +27 21 852 4113 to purchase your dream home, apartment or other property in Somerset West.
Tel: 011 801 2500 (National Number)
Tel: 0860 104 355 (After-Hours)
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Eastern Cape Areas:
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