Cape Town’s most affordable neighbourhoods
Although it has been ranked as the most expensive city to live in, Cape Town does offer some budget-friendly places for residents.
Cape Town, a city renowned for its beauty, is also one of the most expensive cities, but it also offers some of the most affordable neighbourhoods.
Kurby Real Estate highlights the most affordable places in the Mother City.
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CAPE TOWN’S MOST AFFORDABLE NEIGHBOURHOODS
1. Woodstock
Woodstock, a burgeoning district, attracts young professionals with vibrant street art and hip coffee shops. With a median house price of around R1.5 million, it’s a prime choice for first-time buyers.
2. Observatory
Observatory, fondly called ‘Obs’ by locals, is a lively, bohemian enclave with a diverse community.
Priced at a reasonable median of R1.7 million, it’s an ideal spot for first-time homeowners, especially due to its proximity to the University of Cape Town.
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3. Parrow
Parow, nestled in the north, offers diverse housing options with an affordable average price of R1.2 million. Kurby Real Estate recommends this suburb for those seeking a quiet, family-friendly atmosphere.
4. Goodwood
Goodwood, another northern gem, is popular among first-time buyers, boasting a decent quality of life. At an average house price of R1.6 million, it stands out for its good schools and proximity to major shopping centers.
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5. Table View
Table View, a coastal suburb with a higher price tag of R2 million, offers a beachfront lifestyle and breathtaking views of Table Mountain.
6. Milnerton
Milnerton, another coastal gem, caters to first-time buyers with an average price of R1.8 million. Ideal for beach lovers, it provides a variety of housing options.
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THREE SURBURBS THAT RANGE ABOUT THE SAME
Bellville, Kuils River, Brackenfell, and Durbanville, all northern suburbs, offer diverse housing options at affordable prices ranging from R1.3 million to R2.2 million.
Kurby suggests these areas for first-time buyers seeking tranquil, family-friendly neighbourhoods.
As Cape Town continues to allure, these affordable neighborhoods stand as testaments to the city’s inclusivity, welcoming both high-fliers and those on a budget.