Luxury Estate Living Popular in Hermanus
Known for southern right whale watching and its holiday atmosphere, Hermanus has recently emerged as a frontrunner in the Cape Town property landscape for an entirely different reason: luxury estate living. Over the past few years there has been a shift in Hermanus’ property trends, with more and more buyers opting for permanent residences instead of holiday homes, particularly in the upper end of the market.
Estate Properties in Demand
The definite growth in preference for estate properties in Hermanus is largely due to the outstanding security and long-term investment opportunities that estate property offers buyers. This is however not the only reason for the increase in demand, as a recent Lightstone study demonstrated that the rich lifestyle and leisure options, including activities such as; fishing, golf and horse riding further contributed to the trend.
In addition, Lightstone reports state that there are over 6000 gated communities across the country, with a growing 25% of these estates located in the Western Cape. With these property types valued at nearly five times the national average, they make up around 5% of South African property and hold approximately 15% of the market value. These statistics show a growing favour for estate properties – a trend that has latched itself onto the seaside town of Hermanus.
Offering residents breath-taking sea-views, Hermanus is home to several luxury and lifestyle estates. These include the established Fernkloof and Hemel-en-Aarde Estates.
Fernkloof Golf Estate
Dubbed the ‘home of Hermanus golf’, Fernkloof Estate rests on the Fernkloof Nature Reserve, this estate comprises 330 erven across six zones and boasts around the clock security, golfing opportunities and a close-knit community feel. Properties in the estate can range anywhere from R6 million to R16 million.
Hemel-en-Aarde Estate
This secure, upmarket estate is fitted with biometric access, and offers an outdoor swimming pool, manicured gardens, a fully-equipped gymnasium, tennis and squash courts as well as clubhouse facilities that includes a licensed bar. With 335 contemporary homes on the estate, there is a wide selection of properties available that range in price between R3 to R18 million.
Currently on the market is an exclusive homestead situated in the Hemel-en-Aarde Estate. Spanning across five spacious erven this magnificent property is listed at R15 000 000. Boasting a masterful design and architecture, this home offers every luxury for convenient and extravagant living. Natural light floods in from large windows into modern bedrooms, gourmet kitchen and four reception rooms. The property also boasts two sparkling pools, water features, and a wine cellar and studio.
Hermanus Drawing Younger, Upcountry and Affluent Buyers
The residential market in Hermanus has long been dominated by an older buyer demographic, with the predominant amount of recent buyers falling between the ages of 50 – 64 (42.9%) and 65 and above (32.1%). This is however changing as Hermanus has become an active hotspot and trendy place for the younger affluent buyer – as statistics show that 21% of all recent buyers are below the age of 49.
Similarly, the sought-after nature of Hermanus property has been attracting growing numbers of upcountry buyers, semigrating from Gauteng and the Free State, who are rushing to obtain coastal properties that are located in proximity to Cape Town and modern amenities.
With an unmatched setting, relaxing environment and spectacular homes, it is easy to see why Hermanus has become a hotspot for luxury residential property. Demand in the area is showing no signs of slowing down and the window to own a Hermanus address is closing. If you are looking for an upmarket property, Hermanus Property Sales holds exclusive estate and freestanding property in the Hermanus area. Contact our dedicated team of agents today, to view your next Hermanus home.