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St Francis Bay Market insights

St Francis Bay Market insights

18 August 2021

St Francis Bay is a holiday village in Sarah Baartman District Municipality in the Eastern Cape province of South Africa, roughly one hour’s drive from Port Elizabeth. It is well-loved for its waterways and outdoorsy way of life. If you love the beach, walking and boat cruises, like Shareen Combe from Just Property St Francis Bay does, then our beaches and canals are a highlight. 

 

Based on properties listed on it, a leading property portal reports that 272 properties have sold in St Francis Bay in 2021 so far (as at 12 August). The majority of buyers (70%) are aged 36 - 64, the age group where lifestyle wants and affordability are most aligned.

 


83 new properties entered the St Francis Bay sales market in July 2021, bringing the total properties currently for sale to 842. The good news for buyers is that St Francis Bay offers something for everyone:

  • Vacant land on which to build the home of your dreams

  • Locations that include canals, beaches, golf courses and the village 

  • Properties that range from high-end, luxury homes to comfortable holiday cottages

  • Sectional title and freehold options

 

What is driving the property market in St Francis Bay?
 

  • Many South Africans have moved temporarily/ permanently from cities like Johannesburg in order to remote-work from smaller towns. Coastal towns especially are seeing good growth rates in property prices and the shortage of cheaper rental properties in many of them offers interesting investment possibilities.

  • Interest rates are at a 50-year record low, which favours investment returns.

  • The lifestyle in St Francis Bay is captivating. People have moved to St Francis Bay for the amazing quality of life. 

 

Reasons to buy in St Francis Bay:

St Francis Bay offers property buyers a number of appealing options including good schools, numerous secure developments spanning a wide price range and a very good, outdoor lifestyle. 

 

St Francis Bay attractions:

  • The world-class St Francis Links Golf Estate is a must on your golfing holiday itinerary. It’s the perfect blend of nature, relaxed living and the oldest of golfing traditions, and as Jack Nicklaus said, St Francis Links may well be “...the best golf course he has ever seen”.

  • Quayside Cruises allow visitors to enjoy a guided cruise of the scenic canals or rent a canoe or stand-up paddle and explore themselves.

  • The annual Calamari Festival offers a variety of craft beers, gin and wine that will be available throughout the day alongside food trucks and market stalls, offering a wide variety of good quality products.  A live music stage, showcasing some of the finest talents in the Eastern Cape will entertain festival-goers throughout the day.

 

Understanding how St Francis Bay compares with the rest of the country is important to property sellers who want to leverage market conditions to secure the best possible price for their property. This is where the expertise of a reliable and trustworthy real estate professional is key. 


Shareen Combe and her team at Just Property St Francis Bay have access to a wide range of data sources and expertise that give them unique insights that guide their clients. Add an unparalleled focus on customer service, driven by Shareen’s relentless energy and pursuit of excellence, and you have a real estate team geared to help you achieve peace of mind.

 

Contact Shareen Combe for all of your property needs in the #StFranicsBay area!

072 351 5145 | shareenc@just.property

 

Follow their Facebook page for real estate news in the St Francis Bay area and surrounds: https://www.facebook.com/JustPropertyStFrancisBay/

 

For more information on Just Property please visit www.just.property or call (087) 550 2258.

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