By repeat buyers‘
group of stable homeowners – 45 percent – was also in this age category.
During the first four months of the year, 17 sectional title units were sold in Mouille Point – up from 12 units changing hands during the same period last year. Three were sold at the full listing price.
The median price a square metre during the first four months of the year was R50 560m – an increase of 15.3 percent in a year.
Three flats were sold within one day of listing, while the median number of days listed was four weeks and two days – below the national average of 11 weeks and one day.
“Mouille Point has a older age profile than the Waterfront, with 40 percent of stable home owners falling into the pensioner category,” says Levy.