Why Parklands is one of the fastest-growing areas in Cape Town

The well-known town of Parklands can be found in the buzzing Western Seaboard of Cape Town. Part of the popular area of Blouberg, it lies alongside Sunningdale, Table View and West Beach north of the Rietvlei Nature area. 

Homeowners flock to Parklands in search of relaxation, the sun, the sea, and the surf. The glittering sea with white stretches of the beach allures young professionals, families, and holidaymakers to the area at any given time of the year. The beach is a favourite for kite surfing, long walks, and swimming. Groups of seals and schools of dolphins can be seen throughout the year, while southern right whales can be spotted frolicking off the coast in the latter part of the year. 

Many trendy beachside restaurants, cafés, and vibrant clubs can be found in Parklands. Residents are delighted to call the town their home. There is no surprise as to why it is considered as one of the fastest-growing residential suburbs in the Western Cape.

According to a recent FNB report, the price of property in Parklands has shown a steady increase over the past decade. The average price paid for property in the area was recorded at R1 340 367. Average market lows have seen price tags of R850 000, while the average market high price is around R1 650 000.

Parklands has undergone extensive development in recent years and has grown in both size and notability. The report also reveals that the area was booming with development during the 1990 to 1999 period. Further infrastructure and housing were introduced in the early millennium years and has been stable since then. 

The FNB report shows that recent homebuyers in Parklands are aged between 31 to 40 years. Recent sellers aged between 40 to 50 years have been letting go of their property in Parklands, with the majority of sellers being 46 to 50 years old. 

Property in Parklands is modern with townhouses, flats, apartments, cluster homes, and large villa type houses. Lifestyle estates have also become a hot commodity on house hunting radars. With the demand for eco-friendly yet stylish property, there has been much emphasis on developing homes that will remain posh and sustainable for years to come. 

Property in Parklands North is also in demand as it offers buyers many brand new homes with high-end finishes. It is conveniently located closer to the beach and shopping areas. Although Parklands has an abundance of modern homes it does not fail to retain a rustic beach lifestyle for residents. 

Parklands is situated just 15 minutes away from Cape Town. This short distance makes the town a preferred choice for residents who work in the greater Cape Town CBD and the surrounding areas. The MyCiti BRT link enables further quick access to and around the city. These transportation measures have made the area much more desirable to potential residents.

Another reason why residents are attracted to Parklands is the tranquil escape they can find at the Rietvlei Wetland Reserve. This 663-hectare nature reserve a great leisure spot for weekends and holidays. The reserve allows residents to enjoy water sport recreation, bird watching, picnics, fishing, along with outdoor environmental education opportunities. 180 different bird species, including ducks, flamingos and pelicans and 220 different plant species (specifically rich in Cape fynbos) can be found here. 

Parklands has a lot to offer to homeowners. Not only is the suburb excellent value for money, but residents are also provided with a vibrant lifestyle just moments away from some of Cape Town's major attractions. Contact Realnet Platinum today to secure your next property in this great area.