De Kuilen at a glance
De Kuilen suburb in Kuils River is located between Van Riebeeck Road (northern border with Bosonia suburb), Carinus Road (western border with Brantwood suburb), the railway line (southern border with Des Hampden suburb) and Station Street (western border).
De Kuilen Property Types & Demographics:
There are 463 full title erven in De Kuilen of which 295 are freehold property (houses) and 17 are freehold houses in estates. There are only 2 sectional title schemes (apartment blocks) in De Kuilen with 18 residential units (apartments). The average household income varies between R30 000 and R40 000 (LSM 9 Low) and 801 adults live in the De Kuilen suburb.
De Kuilen Property Sales:
Only 11 freehold / own title (houses) sales has been concluded in the last 12 months (Sep 2018 - Aug 2019) - at an average price of R1,247 million and a top price of R1,6 million (for house of 147sq.m on a 471sq.m erf. On average during the last 10 years (2009 to 2018) 13,4 house sold per year. There had been no sales in execution in De Kuilen since 2016.
Median Prices & Capital Growth:
House median prices has increased from R550 000 (2009) to R1 250 000 (2018) - i.e. by 127% over 9 years @ 14,1% p.a.
Period of Ownership / Age Profile of Owners, Sellers & Buyers:
The majority (60%) of home owners in De Kuilen have owned their property for more than 10 years and 56% are older than 50 (of which 20% are older than 65). Only 9% of owners are younger than 36. The profile of the recent buyers has however changed dramatically - with 90% being younger than 50 years old (of which 55% are aged between 36 to 49 years. Only 10% of the buyers are older than 50.
Schools: (1) De Kuilen Primary School - 0.58 km (2) Gihon Christian Secondary School - 0.04 km (3) Hoerskool De Kuilen High School - 0.78 km
Shopping Centres: (1) Mid Kuilen Convenience Centre - 0.45 km (2) Riverpark Shopping Centre - 0.52 km (3) Access Park Shopping Centre - 2.2 km
Medical: (1) CareCross - Bellville Hospital/ Clinic - 4.77 km (2) Netcare Kuils River - 2 km
Tertiary Education: (1) Cape Peninsula University of Technology - 3.81 km (2) School of Technology - 4.11 km and distance from De Kuilen suburb to: (3) University of Western Cape - 8km (4) University of Stellenbosch - 20km (5) University of Cape Town - 24km