Northern Suburbs Property Snapshot
Category General
The Northern Suburbs property market remains resilient despite a cautious buyer environment. Areas like Durbanville, Eversdal, Stellenberg, and Welgemoed continue to attract steady interest, particularly for family homes close to good schools and lifestyle amenities.
Average selling prices in the area have remained stable over the past 12 months, with freehold homes typically selling between R2.8 million and R4.5 million, depending on location, condition, and features. Sectional title properties, especially modern townhouses and apartments are in demand, averaging between R1.5 million and R2.4 million.
While the market isn't overheated, realistic pricing is key. Properties priced correctly are selling within 30 to 45 days, whereas overpriced listings are sitting longer and often require price adjustments. With interest rates holding steady and inflation cooling, buyer confidence is slowly returning, but affordability remains top of mind. Pre-approved buyers are shopping carefully, prioritising homes that offer both value and lifestyle
Author: Andre Kritzinger
