Aug
2021
Woodstock is as old as Cape Town itself. The Khoikhoi were the first humans to inhabit the region before the 1600’s when the Dutch arrived and Cape Town was established.
Today the suburb of Woodstock is sought after as a residential suburb for various reasons like its proximity to tourist amenities, roads and infrastructure.
The gentrification of the suburb was thrust into the spotlight with opposing parties wanting to preserve the atmosphere of the suburb with its many run down and abandoned factories which they feel forms part of the suburbs aesthetics and ambiance.
What the gentrification has achieved was a revived demand for property in the suburb and this has increased demand for the apartments with developers, buyers and tenets alike.
Property values are currently on the affordable side of the scale but due to demand and the redevelopment this will change and drive values up further.
The architecture must be one of the features of the suburb which has a very eclectic ambiance and this has attracted young executives and students alike with the prospect of entering the property market in what is certainly a growth market within the suburb.
Property values fall with a wide parameter from the mid to high R500’s and above the R700 mark. When viewing the progress of suburbs like Zonnebloem and University Estate to mention two suburbs which have greatly benefited from gentrification.
For executives the suburb is in an ideal location with access convenient on a number of roads to the Cape Town city bowl and other commercial hubs.
The benefit of the current property values means holiday apartments are still affordable.
Woodstock is located close to a number of UCT campus faculties like;
UCT Faculty of Health Sciences
UCT Campus on Rhodes Drive
There are a number of schools close to Woodstock like;
St Joseph’s Marist College
Rustenburg Girls High School
Rhodes High School
The suburb is of course not just a tourist destination thus there are malls which cater for retail needs like;
The Bromwell Boutique Mall
The Palms Mall
Cape Quarter Lifestyle Village
Take a tour of the properties in Woodstock via the Myroof website.
