Are you ready to sell? Demand for access to top schools and UCT boosts Rondebosch property demand
Category Lifestyle
The news that the GDP growth rate lifted by 3.1% for the second quarter is certainly a positive boost for the economy and market. Already, we have seen that FNB has hinted that there may be some green shoots on the horizon.
As the market adjusts to the post-election realities, I am delighted to report that the demand for property in Rondebosch remains robust. I have enjoyed excellent success for Rondebosch sellers this year with 10 sales worth almost R53 million and I'm busy with another sale of around R8m. This follows on a very successful few years and includes a R12 million sale in Kilgetty Road and R7,85m in Sandown Road.
Rondebosch again emerged as the home of some of the top schools in the Western Cape with schools such as Rustenburg Girls' High School, Westerford High School, Bishops Diocesan College and Rondebosch Boys' High School all making the top 20 list this year.
This, along with the access that the suburb provides to UCT, are among the reasons that the market continues to perform well despite the economic pressures. That said, while we continue seeing excellent demand, conditions remain weighted in favour of buyers and sellers will need to keep their price expectations in line with the current market conditions.
Beware of selecting an agent based on a high price promise. Experience has shown that a local area specialist will sell properties faster and achieve higher prices. Be sure to choose an agent with a track record of experience and sales in the area.
An open mandate is also not going to sell your house faster or for a better price because no particular agent will be focusing on your property. A Sole Mandate is a contractual agreement and a proven tool for achieving the best results since the agent will focus their energy and marketing on your property.
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Author: Gina Meintjes
