 We're talking neighbourhoods this morning, specifically the Atlantic seaboard in Cape Town. Now this includes the residential suburbs of Mully Point, Green Point, Sea Point, all the way through to Houd Bay. Now these are neighbourhoods that bring luxury, beautiful beaches with ocean views, extravagant properties and stunning guest houses and hotels galore. When looking at it from a property point of view, what does it look like? Here to tell us more is CEO of Private Property, Simon Bray. Simon, so good to see you again. Now I live in Sea Point but for anybody looking to know what this area is all about, who is going to fit here? Well, I mean you're the neighbourhood local so they should tell me. I'm a renter though. No, I mean it's obviously a very effluent area of South Africa. It's one of the most affluent markets actually that we've got anywhere in the country. This is not for the value conscious, it's certainly for the lifestyle conscious, the people that are what you would call upwardly mobile or interested in their image and their appearance and I think that's what Atlantic Seaboard offers in bags. It's a great example of how a exclusive suburb can develop. You've got the mountains behind, you've got the sea in front, it's a side of Cape Town that gets great weather. You've got beautiful sun sets in the evenings, you've got less wind and all of that makes it one of the best places in Cape Town to have a home. And because it's squeezed between the ocean and the mountain like that, it's exclusive. You can't find more land, you just have to see some of those apartments hanging off the cliffside in Clifton and you can see why the property values go as high as they do because it really is exclusive. Absolutely, it's beautiful. You have the ocean as your front yard, you have the mountain as your back yard but I chose this area specifically because it was close to work. This is where Expresso is. But when we look at market value and price range what are we looking at? Well as I said before this is the biggest, best market in South African property right now. So just on private property we've got 14 billion rands worth of real estate just in this Atlantic Seaboard Strip. So there's a lot of money and property along the Atlantic Seaboard and to put that in perspective, an average home here, a good flat is about 5 million rand, an average house is about 12 million rand and the most expensive property listed on private property right now is also in this trip and that's at 200 million rand. I'm really perspiring, I'm really perspiring. Now my apartment one bedroom apartment, 75 square metres was sold for 2.5 million rand so it's true what you're saying. But let's look at renting versus buying in these particular areas. Look rental is still a great option because I think a lot of people have bought into the Atlantic Seaboard that don't necessarily live here. So either they have bought in for the investment potential and it's great. I mean the values have increased double over the last five years so it really is a growth market. So if you're looking for the lifestyle, the convenience that you spoke about the commute times, the beautiful weather, if you're looking for that you can still get that at a fairly affordable price point. So to give you an idea buying one of those average two bed flats is going to cost you 37, 38,000 rand on bond repayments and levies and all of that but rentals are about 20,000 rand. So it's certainly an affordable lifestyle if that's what you're looking for. And then to end off you did mention great access to the city, beautiful views, you're close to the beach. What's another reason that someone would choose to live in one of these neighbourhoods? Well I think one thing that is interesting about the Atlantic Seaboard is that many foreigners see this as a destination. Not only for themselves over those beautiful summer months but also for their capital. They like to invest it here. It's on the same time zone as Europe which makes it just convenient and easy to manage. And you get a lot of foreign money coming into the Atlantic Seaboard market. And I think that's another interesting part of the market. It's certainly something that's driving the values up. If you have a property in Cape Town this December is probably a good time to put it on the market because the rand doing what it's doing means that the value you can realise is going to be excellent. Awesome, very quickly. Do we have a Simon Brake tip of the day? Well I think Atlantic Seaboard is definitely an example of how exclusivity in a neighbourhood can drive the property values. So if you see a neighbourhood or a suburb that seems exclusive it's worth investing because it's certainly going to appreciate ahead of the rest of the market. Well the decision on the neighbourhood you want to stay in is as easy as one, two, three. All you have to do is log on to www.privateproperty.co.z and let them guide you through the right neighbourhood for you. Whether it's your first apartment in the city, a trendy suburban townhouse or that dream family home on a gulf estate, there's a home for everyone on private property.