Lying on the upper slopes of Devil’s Peak, just above Woodstock, University Estate is a residential area with open spaces and a relaxed atmosphere.
University Estate boasts an ideal location for those wanting to live a more suburban lifestyle while still being in close proximity to the CBD, and the world-famous beaches of the Atlantic Seaboard - both just a few minutes away.
Residents in University Estate prides themselves on the sense of community in the area - this is the type of suburb where you can gladly knock on your neighbour’s door for a cup of sugar.
This sense of community has ensured that generations of families have lived here and this along with the amenities, guarantee that residents stay here for a long time.
University Estate is close to Gardens Shopping Centre, not far from the V&A Waterfront and the attractions of the city and the Atlantic seaboard. It also has easy access to southern suburbs shopping areas.
The play park at the intersection of Rhodes Avenue and Haig Road has see-saws, swings, a merry-go-round, a slide and a jungle gym, which attract younger children. Older children also socialize in this play park, but also make greater use of the undeveloped "quarry" field just south of the factory complex where they sometimes also ride around on quadbikes.
There are schools within walking distance in Woodstock, such as Mountain Road Primary and Queen’s Park High. There is also easy access to schools in the City Bowl, as well as in Rondebosch, for top-class government and private institutions.
Primarily a residential area, the suburb is renowned for large homes on big plots, still at affordable prices compared to what’s on offer in the City Bowl. Many properties enjoy fabulous mountain and harbour views and one can also access mountain trails.
The area tends to attract younger people, with about 60% of buyers under 35. Homeowners tend to hold on to their properties, so it is a low turnover area, with only a few annual property sales.
Average prices range from R2.8 million to R3.2m but properties go from R3m to R11m, varying from unrenovated three-bedroom houses to palatial homes, which offer six beds, six baths, and spectacular views.
On the rental front, there are few properties. They tend to be the older, original, three-bed, one-bath homes that rent out at about R14000 a month.