GOEDE HOOP

Goedehoop Suburb in Strand – Convenient Living Below R3 Million

Goedehoop is a well-established residential suburb in the Strand and Helderberg area of Cape Town.

Location

Goedehoop is located in the Strand between the Lourens River on the western side and Main Road on the eastern side. It stretches from Broadway Boulevard (south) to Aerodrome Road (northern border).

Lifestyle Offerings

The Goedehoop suburb offers a convenient suburban lifestyle due to its close proximity to most amenities. For families the walking distance proximity to high and primary schools as well as crèches is very appealing. A convenience shopping centre and a community sport centre is also within a few hundred meters from all the suburb’s homes – whilst a private hospital, Strand beach, two Virgin Active Gyms and Strand Golf Club are all located within 2 kilometres from the suburb.

The area in and around Goedehoop boasts with beautiful mountain views, ample public open spaces for doggie walks or just strolling or jogging e.g. along the Lourens River. The green belt bordering Goedehoop includes a protected bird sanctuary (Dick Dent) – and is effectively enlarged with the adjacent Strand golf course.

The Dam Park opposite Strand High school is managed and maintained as part of a community based initiative and aims to keep the natural biology of the wetland as an intact ecosystem.

Amenities In & Around Suburb

Strand High School is located in Goedehoop (along Sarel Cilliers Street) and Lochnerhof Primary school is a mere 710m away down Sarel Cilliers Street. There are a variety of creches available in and around the suburb – with the SpeelKasteel nursery, pre-primary and after school facility probably the most well-known one.

The SPAR shopping centre is located in Goedehoop on Broadway Boulevard whilst The Sanctuary Shopping Centre (which includes a Woolworths, Pick & Pay and a variety of eateries as well as a Virgin Active Gym is 1,6 km away. The Gants Virgin Active Gym is only 1 km from Goedehoop.   

3 Petrol filling stations are located in or close to Goedehoop – B.P Helderberg is on Broadway Boulevard, Engen Strand is 1,2 km and Caltex Careno 1,2 km away.

Strand S.A.P.S (Police) are 1.7 km from Goedehoop.

Owner Profile

The average household income range according to Lightstone is between R55 000 to

R70 000 – which falls into the LSM 10 Low with a total of 1436 adults.

The period or tenure of ownership, which is a measure of ownership stability, shows that about 64 % of the existing owners have been owning for 11 or more years, about 7% between 8 to 10 years, about 12% between 5 to 7 years and 17% less than 5 years.

The age profile of the stable owners is about 34% (older than 65 years), 41% (50 to 64 years), 22 % (36-49 years) and 3 % (35 and younger). Recent buyers’ age profile is 22 % (18-35 years), 42 % (36-49 years), 25 % (50-64 years) and 11 % (65 and older).

Property Market

Goedehoop suburb consist of  583 own title or freehold houses which constitutes for 95.57% of the market, no freehold houses in estates (0%), no sectional title property in estates (0%) and 27 sectional title property outside of estates (4.43%).

30 Houses and apartments were sold (registered) in Goedehoop suburb during the last 12 months (July 2016 to June 2017) – of which 5 transfers took place in the last 3 months. 28 sales were freehold properties and 2 sectional title sales. 0 Erfs (vacant land) were transferred in the last 12 months and there have been no sales in execution during 2017.

Sales volumes (registered) for the first 5 months of 2017 stands at 0 sectional title properties (e.g. apartments), 5 freehold properties (houses) and 0 vacant land (erfs). There were in 2017 about 0.5 house sales per month relative to the 0.75 sales per month during 2016

Median prices achieved for Greenways’ freehold and sectional title properties has during the last 10 years grown with:

  • freehold houses from R1 240 000 (2007) to R1 900 000 (2017) – i.e. a growth of 53,2% or about 6% per year.
  • sectional title property decreased from R1 050 000 (2007) to R970 000 (2017)

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