Observatory at a glance
Observatory is a suburb in Cape Town, South Africa that is bordered by Mowbray to the south, and Salt River to the northwest. The area is best known as a student neighborhood, most of the students attending the University of Cape Town located close by. It is also the home of South African Astronomical Observatory headquarters, with greener parks, affordable accommodations, views of Devil’s Peak Mountain, easy accessible public transport, peaceful atmosphere as well as Groot Schuur hospital.
The suburb of Observatory is situated on the north-facing lower slopes of Devil’s Peak. The slope runs into the Liesbeeck River and, as such much of present-day lower Observatory was a marshy estuary formed by the rivers, where the Buffalo, Hippo, Elephant, Zebra, Jackals, Antelope, Lions and Leopards were once prevalent. The Raapenberg bird sanctuary protests 10 hectares (25 acres) of land along Liesbeeck River.
Statistics point to extraordinary growth in property prices in select suburbs in Cape Town. Observatory is one of those fast growing and selling Areas when it comes to real estate industry. At the same time, rental costs have also increased, reinforcing the general impression that the Area is a desirable and safe investment hub where the right kind of property purchase or new development can deliver handsome returns, even in short term.
Observatory today continues to be somewhat alternative part of town, with new age, style stores, nice and affordable restaurants and several Programmes at Observatory Community Centre. It is served by Observatory railway station on the Southern line, with regular trains.