SHOWING ARTICLE 7 OF 13

Calypso Beach Suburb in Langebaan – Sea Views and Privacy

Category Local Market Analysis

Calypso Beach

Calypso Beach suburb in Langebaan is a well-established and upmarket and gated residential suburb with beautiful sea views and its own “private beach”. Calypso Beach consist of 338 own title or freehold houses and have no apartments (sectional title properties).

Location

Calypso Beach is located on the Northern side of Langebaan and is bordered by Club Mykonos Resort to the North, the Waterfront Estate to the South and Blue Lagoon Estate on the inland side

The suburb borders runs from Carpathos Road (close to the Boesmansland Plaaskombuis) all the way down to the Waterfront suburb.  Between the Calypso Beach and Waterfront suburbs (which are both fenced and secure) is a green belt with access to the beach for the public and holiday makers. The only access road to Calypso Beach is via Casos Road going pass the Blue Lagoon Estate.

Lifestyle Offerings

One can find a range of social activities bordering Calypso Beach with Hobie Beach and the Waterfront suburb, Club Mykonos and the Atlantic yachting and sailing school a stone throw away. The Boesmanland Plaaskombuis is another venue offering delicious farm style dining in a scenic and historic part of the coast that does not require much in the way of travel.

Calypso Beach also provides the life style for the more active person as runners and strollers can use the beach area or the walkway in front of the estate. Access to the Langebaan lagoon can be found at various points all the way to Shark Bay and is used for all sort of water sports with kite boarding being extremely popular.

Amenities

Laguna Mall is 1.15 km from Calypso Beach and the Langebaan Country Club 5.9km.

Other closest amenities include the Gerimed Sub-Acute Care & Frail Care Centre, The Sea Breeze Medical Centre (4.6 km), Langebaan Primary School (2.83 km), Topoline Private School, Curro Private School (6.9 km).

A large active NG Church is situated in the area and is also a beacon in the area. A variety of retail and commercial shops is within 3 km from Calypso Beach in Langebaan Mid-Town (including a SPAR 4.5 km).

Owner profile

The average household income range is according to Lightstone between R35 000 and R45 000 – i.e. LSM 9 Low

The period or tenure of ownership, which is a measure of ownership stability, shows that about 43% of the existing owners have been owning for 11 or more years, about 18% between 8 to 10 years, about 12% between 5 to 7 years and 28% less than 5 years.

The age profile of the stable owners is about 16% (older than 65 years), 49% (50 to 64 years), 35% (36-49 years) and 0% (35 and younger). Recent buyers’ age profile is 5% (18-35 years), 43% (36-49 years), 48% (50-64 years) and 5% (65 and older).

Property Market

Calypso Beach is a suburb with large modern houses which can range between R2,1 million up to R5,35 million. There are no apartment or townhouse complexes in Calypso Beach. There are 338 freehold properties in the suburb – and a variety of erfs (vacant land) is still available to build your own home on priced between R475 000 (350 sq.m.)  to R1,32 million (348 sq.m. close to the beach) .

49 Full title properties were transferred between June 2016 and March 2017 – of which 8 were erfs (vacant land). 2 Erfs sold at an average price of R350 000 and 6 were sold at an average price of R467 000. 41 Houses were sold during the last 12 months – of which 12 houses were priced between R1 500 000 and R3 000 000 and 5 sold for more than R3 000 000 (at an average price of R4 666 000).

The average number of annual vacant land sales since 2010 has been about 5 sales per year – with only 1 erf being sold during the first 5 months of 2017. 131 Houses sold since 2010 at an average sales volume of about 19 p.a. A sharp increase in annual sales volumes has been evident from the lowest point of the last 10 years - 2014 (11 sales).  A rise in demand for Calypso Beach properties resulting in above average sales has been evident since 2015 (which resulted in 24 sales), 2016 (34 sales) – with already 18 freehold properties being sold during the first 5 months of 2017.

For more information about the available properties within Calypso Beach in Langebaan, please contact our member agents or visit our website to view the choice of properties available at present in the suburb.

Author: Lightstone

Submitted 28 Jun 17 / Views 1530

Leave a Comment

Name*
Contact Number*
Email Address*
Subject*
Comments*