BLOUBERG IS THE NEXT CLIFTON
There is a bit of a shitstorm brewing over at the Dan Nicholl owned online publication, iafrica.com. The comments section is going ballistic as readers are attacking each other (and the story’s author) over whether or not Parklands neighbour, Blouberg, is the next Clifton.
It’s pretty hectic. And amusing.
Check out this excerpt and then head on through and check out the comments.
The next Clifton?
Wed, 10 Jun 2009 07:24Blouberg, an area in the Cape renowned for its great views of Table Mountain and still relatively affordable property, seems to be chartering a course towards the top rung of the property ladder.
Table Mountain from Blouberg
Taken on a windless day
Taking a closer look at the property market, Fanie Lategan, principal of Chas Everitt Western Seaboard, says that while sales are down on last year the market is still buoyant compared to other areas of Cape Town. “The challenge,” he says, “lies with the banks’ strict credit policies meaning only about one third of home loan applications are approved.”
The rental market in Blouberg is extremely buoyant. “This,” says Lategan, “is due to the fact that people are struggling to get bonds, which is forcing them to rent rather than buy.” He says rentals between R3000 and R5000 per month are in high demand, with homes closer to the beach renting for about R10 000 per month.
Deon Lessing, marketing director at bond originator Betterbond, agrees with Lategan saying originators are also experiencing difficulties even though they are working hard to get bonds approved. “But,” says Lessing, “it is encouraging to note that the number of bonds granted by the banks is on the increase, with the ratio between bonds submitted and bonds granted steadily improving.”
Average selling prices for Blouberg property on the other hand range from around R900 000 in Parklands to R2-million in Big Bay. Lategan says entry level prices are still below R500 000, but some properties close to the beach are on the market for R20-million plus.
“The contraction of the market has once again brought about more apparent value for investors and buyers,” says Lessing who goes on to say that value can still be found in the market and excellent property opportunities await the astute investor.
Factors that are set to stimulate the Blouberg market even further, in Lategan’s view, include the rapid transport system currently being rolled out in the area, which he believes will have a significant impact on area and…
Aah, Cape Town real estate… everyone’s an expert..
Read the rest of that article and check out the comments here.
[thanks jase]
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12 Comments
craig
12 Jun 2009
I’m sorry but if Dan Nicholl thinks that Blouberg is the new clifton, then he really needs to stop smoking the green stuff… Its the windiest part of CT, its 1 hour from Cape Town city central, half the low income population are moving out and moving around Blouberg
Clifton on the other hand, true beauty… Could never be compared to blouberg… Come on buddy, wake up!!
Poncey
12 Jun 2009
I highly doubt that Dan Nicholl personally agrees with every single article on iafrica. Come now.
andrew
12 Jun 2009
yields of 1-5%, pathetic, naive estate agents should be liable for their misleading lies.
Dean
12 Jun 2009
Blouberg is cool & luckily it’s not snobby & inbred like clifton & camps bay. Also it’s not behind the boerewors curtain. Loads of english & irish expats there having a great time. Parklands on the other hand Darren is a ticking timebomb..
Freddy
12 Jun 2009
last time i heard Dan Nicholl also owned Media 24 and a magazine gives him punk-link golf outfits for photo shoots.
Chucky
12 Jun 2009
Yeah. Little Nigeria, formerly known as Parklands, is a time bomb. The socio-economy is fucked – e.g. you get a bachelors flat complex next to a 3 storey mansion. Also nothing to see the locals styling in their R500k motorcars that they have to park outside their R350k flats. Sad thing is, that it is probably the only ‘burb in the W-cape that gives a fair reflection of SA’s demographics. Pity then that the developers fucked it up so nicely. Blouberg beach is a fucking mess; just mind the dog shit and rubbish washing up from the ships. The bars/clubs in the vicinity still attracts a variety of quality cougars and willing young women, so expect high levels of testosterone from Jo’burg okes who recently “relocated”. Windy in summer, bloody cold in winter. Commuting from B-berg to the CBD is a bloody kill. Otherwise, on a calm summer night, nothing compares to that sunset.
craig
12 Jun 2009
Dean, you ever been to Clifton or Camps Bay? So if its not behind the beorewors curtain where is it?
Camps Bay is the heat… Best Beachs, houses and chicks… BY FAR!
griff
12 Jun 2009
Jirre you ouens, no-one really knows where the boerewors curtain really starts and ends. Seriously, no-one knows. They think they do, but they don’t.
Rashid
12 Jun 2009
To qualify as Clifton, the area should have at least a continuous 24 hour period where the wind speed does not exceed 15km/h. Therefore, Blouberg fails.
The allegation that Clifton is “inbred” is debatable. Maybe Dean was upset that there was no KFC or Babbaloos on the strip. But it’s not surprising that Blouberg people get defensive, I would too if I had just spent 2.4 bar on a “penthouse” there. All the foreign people that you see in Blouberg are either a) Lost; or b) on the verge of selling up due to the wind. Sure, people in Clifton can come off as snobby – but this is because they only speak to people they already know.
Jan
14 Jun 2009
No surf in Clifton, no windsurfing, you can’t kite… just lay on the beach… seems pretty boring to me.
Craig
16 Jun 2009
Kite Surfer dies in freak accident in Blouberg… hmmmm….
Charl
10 Aug 2009
I read this post awhile back and i decided to see for myself.
Clifton area is great the beaches are really nice and the wind is minimal traffic to town was bearable. People in the area like all Cape Town people were very accomodating.
Blouberg area unfortunately for myself was better. Wind during this time was less, property in the area is newer. People are also a bit younger. When the wind blows the beaches are perfect for wind sports. Getting to the airport is a lot easier. Milnerton links golf estate is also close by. It is infact a really great place.
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