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Moorreesburg cracks the R1m mark

07 Aug 2006
A Cape Dutch style house recently sold in Moorreesburg for R1m – the first residential property ever to crack the R1m mark in the area.

The 'Swartland' is generally taken to denote the eastern portions of the districts of Malmesbury and Moorreesburg, as far north as Piketberg, with the Berg River as its main artery. Seeff's Swartland Licensee, Simon Mouton, now has offices in Darling, Malmesbury, Moorreesburg, Porterville and Riebeek Kasteel, with resident agents in Hopefield and Graafwater/Citrusdal. He reports growing activity in all these areas as people seek to return to the country for a more peaceful and safer lifestyle - and seek more home for their rands.

Suzaan Hennig of Seeff's Moorreesburg office has just cracked the R1m property price barrier in that town, having just sold the first residential property there ever to sell for over that price. Says Mouton: "This was a Cape Dutch house that sold for R1 030 000 to a buyer who is going to move here from Stellenbosch – and no wonder, when you consider that in Stellenbosch, for that price you can only get a two-bedroomed flat and in Durbanville you would get a townhouse. In Moorreesburg he got a three-bedroomed house with two bathrooms, two entertainment areas and a flat on a 1000 m2 plot. He works in Stellenbosch and it takes him a mere 40 minutes to get to work – and there is no traffic to contend with."

Hennig sold seven properties with a total value of over R3 million in Moorreesburg in June – all to Capetonians moving to the country. She says: "Buyers have been young couples from areas including Hout Bay and Somerset West. The older folk are moving out to retirement villages, while the younger ones are moving here and will commute to their work elsewhere, work here, or telecommute. My own husband works in Plattekloof and commutes – it takes him 50 minutes door to door."

Others can only go to Moorreesburg at weekends: Says Mouton: "One couple bought from Johannesburg, and renovated a house here. They have another in Cape Town, but use their Moorreesburg one every weekend as a getaway."

The result of all this interest? Mouton: "Property prices in the town have risen by 37% over the last year, and by 30% per year over the last three years.

For more information contact 083 606 4569.

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