Expensive areas

for under R2m without a bun fight on the first day of its release.

Steve Thomas, the franchise manager for Lew Geffen Sotheby’s International Realty in False Bay and Noordhoek, says that False Bay, Fish Hoek and Noordhoek properties tend to be more affordable at family-size entry level than most other suburbs in Cape Town’s south.

“An apartment in Wynberg or Plumstead that needs refurbishment and is on the market for around R1.2m to R1.3m will sell within a matter of hours at the moment – it’s definitely a flipping market. But if you’re looking for somewhere to live, Fish Hoek offers similar properties for less than R1m and it’s still possible to buy a three- bedroom house for between R1.9m and R2.4m, but you do need to be on your toes here as well, because while they may not sell within hours we’ll usually take offers within a week.”