Wedderwill Country Estate - Property Report 2018 - Somerset West
Location
Wedderwill Country Estate in Somerset West is located on top of the Schapenberg hill between the Hottentots-Holland mountain range (Kogelberg Nature Reserve), Vergelegen Wine Estate and Somerset West.
Lifestyle Offering
Wedderwill is a large, 365ha unique lifestyle estate, incorporating a working wine farm. The possibilities it offers in Cape Town are truly one of a kind. The Estate is situated in a breath-taking mountain area which offers privacy and the sense of inclusiveness with the outdoors - mountain air, mountain water, streams, hiking trails, mountain bike tracks, bridle paths and stabling for horses. There are 15 km of paths available for horse riding on Wedderwill Country Estate and on the surrounding neighbouring farms and a big dam perfect for swimming and canoeing.
There is also abundant bird life including francolin, buzzards, blue cranes, secretary birds and Fish Eagles.
Wedderwill Estate's security systems include fenced borders, night and day camera surveillance, controlled bio-metric access and 24-hour patrols.
Despite being located in a mountainous area adjacent to a nature reserve, all homes have access to the newly laid fibre optic network facilitating high speed internet.
Amenities In & Around Wedderwill
There is an adjoining Private Game Reserve which is frequently open to residents. It is home to zebra, wildebeest, springbok, bontebok, eland and smaller deer species.
The Estate has easy access to fine dining restaurants, including the top restaurant in South Africa at Waterkloof Wine Estate (7 km away), Idiom Wine Estate (3km) and close to Vergelegen Wine Estate (12 km away with Camphor Restaurant rated the 8th best restaurant in South Africa) - adjacent to Lourensford Wine Estate and Erinvale Golf Estate.
There are a variety of golf clubs in the area - Somerset West Country Club (10 km) Strand Golf Club (13.4 km), Erinvale Golf Club (11.7 km), Greenways Golf Club (10.6 km) and Helderberg Village (14.4 km).
Strand's Melkbaai beach is only 13 km away and the blue flag Bikini beach in Gordons Bay only 10.4 km.
SCHOOLS: A variety of private schools are available in fairly close proximity to Wedderwill Country Estate - of which Reddam House Somerset and Mondeor Eco School are the closest (7 km). The International School of Helderberg are 8 km from Wedderwill in the Heritage Park suburb. Somerset West Private School (high school) and Somerset House (primary school) is 9.5 km from Wedderwill, Somerset College (17 km), Curro Sitari Independent School (High, Primary & Crèche) (18 km).
Parel Vallei High School (dual medium state school) is 11.3 km from Wedderwill whilst Somerset West Primary and the De Hoop Primary School (both dual medium state schools) are respectively 9.3 km and 11 km away.
CRECHES: There are a variety of crèches available close to Wedderwill - with The Friendly Frog School (8.7 km), Little Angels Home (8.5 km) and Squirrels Play School (8.4km) probably the closest.
SHOPPING: The Vergelegen Plein Shopping Centre is 5.8 km from Wedderwill - which includes a Woolworths Food store, a Checkers supermarket and liquor outlet, a Clicks with its in-house pharmacy, a coffee shop amongst other retail entities.
The Somerset Mall regional shopping centre with 200 shops is 12.5 km away. The Checkers Gordons Bay Mall is only 6.8 km away from Wedderwill along the Sir Lowry's Pass Road.
MEDICAL: The largest private hospital in the Helderberg, Vergelegen Medi-Clinic is 7.7 km from the suburb along the M9. The Advanced Vergelegen Surgical Centre is 6 km away & adjacent to the Vergelegen Plein Shopping Centre. Other medical facilities in the area includes the Busamed Paardevlei Private Hospital and the adjacent Somerset West Cure Day Clinic which are 14 km from Wedderwill.
PETROL: The Shell petrol filling station on the N2 are located the closest to Westridge - 4.8 km away.
Owner profile
The average household income range according to Lightstone is between R45 000 to R55 000 - which falls into the LSM 9 High with a total of 179 adults.
The period or tenure of ownership, which is a measure of ownership stability, shows that about 47% of the existing owners have been owning for 11 or more years, about 10% between 8 to 10 years, about 11% between 5 to 7 years and 33% for less than 5 years.
The age profile of the stable owners is about 25 % (older than 65 years), 54% (50 to 64 years), 19% (36-49 years) and 2% (35 and younger). Recent buyers' age profile is 11% (18-35 years), 22% (36-49 years), 67% (50-64 years) and 0% (65 and older).
Wedderwill Property Market
Wedderwill Country Estate consist of 82 own title or freehold houses. There are no sectional title property in the estate.
8 houses were sold (registered) in Wedderwill Country Estate during 2018 - of which 2 transfers took place in the last 3 months (Oct to December 2018). No erfs (vacant land) were transferred in the last 12 months. There have been 0 sales in execution during 2017 and 2018.
Median prices achieved for Wedderwill properties during 2018 were R4 950 000. The lowest price achieved was R2 280 000 for a 287 sq.m. house in The Glades (948 sq.m. plot) and the highest price was for a 352 sq.m. house in The Water's Edge on a 2 025 sq.m. plot.
A very unique and exclusive 1.3 hectare plot (vacant land) with the most beautiful sea and mountain views has come onto the market in Wedderwill Country Estate.
For more information about the available properties within the estate, please contact Anna Wiese (072 3311959 / anna@cch.co.za ).