Bellville

Bellville at a glance

Located in the popular northern suburbs of Cape Town, Bellville is experiencing a high demand for residential property, even resulting in stock shortages. 

Our team at ABC International Real Estate are finding entry-level homes in Cape Town's popular Bellville area are in great demand and young buyers are committing themselves to 30-year bonds to get a foot on the property ladder. 

The strong demand at the R1.8 million price level is now leading to stock shortages. 

Bellville is a convenient base for young buyers who work in the city centre just 15 kilometres away, and property in the area is a good investment. However, there is some concern that buyers may become over-extended if interest rates start rising again. 

At the other end of the scale, cash buyers are becoming prominent in the higher price ranges, while others are buying with deposits of up to 25 percent of the buying price. 

Family homes priced up to R2.2 million are popular among professionals, especially lawyers because of the proximity to the High Court and young medical professionals who work at the nearby Tygerberg Hospital.

And with its signature houses built during the 1950s and 1960s, Bellville is also favoured by artists, writers, actors and sports stars who love the pressed ceilings and wooden floors featured in many of these properties.

The scenic Durbanville wine route is close by, however, suburbs which are popular among home buyers are Oak Glen, Blommendal, La Rochelle, Blomtuin, Chrismar, Oakdale and Boston - leafy, established areas in close proximity to schools, with prices to suit all sectors of the market.

The area has very much the same trendy ambience as Melville in Johannesburg and a lively café culture, with many restaurants in the well-frequented Tygervalley Shopping Centre and various forms of entertainment at Tygervalley Waterfront, which was developed around a worked-out quarry. 

Top properties developed in the boom years of 2006 and 2007 are attracting professionals in established careers. Lock-up-and-go units in secure complexes and large, Tuscan-style homes on big stands of up to 2 500 square metres in the winelands are selling at prices of up to R9 million.