High demand for property in Blouberg

0 Comments Published January 11th, 2010 in Property News. Tags: No Tags.

Emigration may have slowed, but there’s still a lot of “edugration” going on in SA and it can be expected to increase as parents do their best to get their children into good schools, says Tjaart van der Walt, CEO of the RealNet property group.

The matric results released last week have once again shone a spotlight on the success of certain schools, and this combined with the recently-revived Sunday Times Top 100 Schools survey will no doubt prompt more families to move to live closer to such institutions.

And this will of course have growing implications for the residential property market. As it is, homes in the suburbs that contain State and private schools with a reputation for excellence are always in demand, and able to command better-than-average prices even in a depressed market. Examples of such areas are Kensington, Parktown and Bryanston in Johannesburg; Rondebosch, Newlands and Claremont in Cape Town and Glenwood, Hillcrest and Westville in Durban.

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