Offering many property options, this large suburb close to the Winelands has a nature reserve on its doorstep
If you’re looking for value, consider the northern suburbs. Brackenfell is a short drive to the city on the N1, offers a range of property types, has good schools
close by and a number of attractions on its doorstep.
“We’ve seen steady growth in the sale price of properties in the area,” says Denis Dunn, principal at Harcourts Dunn.
“The advantage of Brackenfell is that it is a very large region with an array of property options. The average price for an apartment starts at R900000, and a townhouse ranges from R1.1 million to R1.8m. Full-title homes are priced on average from R1.7m to R2.8m, and a larger home can cost anywhere from R4.5m and higher. The rental market is booming. For any investor who wants a high-demand property, Brackenfell is a great place to start.
“The other obvious allure of the ever-growing Brackenfell region is the developments. At Harcourts Dunn we have a specialist developments team that assists clients with all their requirements. “Brackenfell has a selection of nice developments, catering for professionals, young families and investors.
The advantage of Brackenfell is that it is a large region with an array of property options. –
Denis Dunn, principal and owner Harcourts Dunn Picture: Supplied
“We’ve had a lot of interest in Burgundy Estate and the development is showing good rental returns. Some of the other developments in Brackenfell are Protea Heights, Morgenster, Kleinbron, Protea Village and Sonkring.
“The Cape Town property market was certainly under pressure during 2018. External economic factors, water shortages and overall political instability undoubtedly influenced the market.
However, the affordable and high-demand regions continued to defy the trends.” Dunn maintains that Brackenfell is one of those areas that continue to show great positive returns.