TRENDING BIG BAY PROPERTY... with an Oscar-award style price achieved for Sandown Estate! | General

In line with the theme of the Oscars, we can compare an area’s property statistics and performance growth over a period when it has shown consistent growth, continuously attracts buyers to that of an outstanding achievements that deserves a Property Oscar as it has achieved the status then of a  sound property investment for owners.   Here is an overview of what has been happening in the Big Bay Property Market overview: 
 
PROPERTY SALES AND TRENDS IN BIG BAY: 
As of August 2023, Big Bay comprises approximately 725 freehold properties. In the first eight months of 2023, 30 properties were sold, with an average selling price of R5.35 million. This reflects a year-to-date value growth of 14%, indicating a robust and appreciating market.  It must be noted that at the beginning of 2025, our very own Big Bay Team, Jacqui and Jennifer SOLD THE HIGHEST PRICED property in Sandown Estate to date at a value of R 8 500 000. 
 
The suburb offers a diverse range of properties, from modern apartments to luxury homes within secure estates. This variety caters to both first-time buyers and those seeking upscale residences.

MARKET DYNAMICS: 
The greater Blouberg area, which includes Big Bay, has experienced significant activity, with property transactions worth approximately R8.2 billion over the past year. Notably, about 38% of these transactions involved semi-gration buyers relocating from other regions, particularly Gauteng. This influx has contributed to the area's dynamic property landscape.
 
INVESTMENT POTENTIAL: 
Big Bay's property market has demonstrated consistent growth. Between 2000 and the first quarter of 2025, the combined average selling price in Big Bay, Sunningdale, and West Beach increased from R300,000 to R1.94 million, marking an overall rise of 543%. This equates to an impressive annual growth rate of 36%.
 
DEMAND DRIVING FACTORS AS THE ACCOLADES: 
Several factors enhance Big Bay's appeal:
•    Security: The Big Bay Master Property Owners Association (BBMPOA) ensures a secure environment            with advanced security measures, including fibre optic networks, surveillance cameras, and regular                patrols.
•    Amenities: Residents enjoy access to quality schools, shopping centres, restaurants, and recreational          facilities, all within close proximity.
•    Lifestyle: The area's natural beauty, coupled with a variety of outdoor activities, offers an attractive                lifestyle for families and individuals alike.
 
Conclusion
Big Bay's property market continues to thrive, driven by its scenic allure, robust security infrastructure, and a steady influx of buyers. Whether for investment or residence, Big Bay presents a compelling proposition in Cape Town's real estate landscape.