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Author: Seeff, 13 March 2017,
News

Trending Areas Across the Economic Spectrum.

Maybe it’s your first time even thinking about buying a home, maybe you’ve bought, sold, and are ready to buy again – maybe you want a change of pace – peaceful green fields, equestrian lifestyles, private schools and a garden - opportunities in real estate are growing and busy across the whole of KZN.

In the new South Africa opportunities are alive in real estate for everyone, with KZN abuzz with opportunities across the economic spectrum. Property developments, new estates, old neighborhoods, growing regions – the property market is in full swing.

Lower end markets in Pinetown, Durban are struggling to keep up with demand due to an influx of interested buyers, “The R500,000 market clients are mainly first time buyers,” says Michelle Vermeulen, Licensee and Director of Seeff Pinetown. “but there is also significant interest from investment buyers. Renovations, projects and investments, as well as growth of life are part of the Home Story in Pinetown.

Ballito exists on the other end of the spectrum – with multi-million rand homes exchanging hands across a variety of estates. Palm Lakes as an investment estate is proving worth the investment, with a 4 bedroom home recently selling for R4.1 – one of the fastest growing estates on the North Coast, Palm Lakes is garnering attention alongside the many other developments underway, along the entire North Coast – including the ever-vibey and uber trendy Umhlanga.

Hillcrest, Kloof, and Waterfall KZN are also stunning favourites amongst buyers looking for a change of pace and a growth of lifestyle. “Upper highway has an overall good performance at the moment as buyers are finding value here for their money,” says Michele Wilson, Director of the Hillcrest and surrounds offices. “The area has become developed but has not lost its flavor as ‘the village with a vibe’. Upper highway has a wide selection of properties to choose from: complex living, golf course estates, equestrian estates, retirement estates, small holdings, farms, freestanding homes and land. “Hillcrest and surrounds are firm favourites in lifestyle seekers, says Wilson, “cool climate, an enormous selection of outdoor activities and some of the best private schooling in KZN.”

Bottom line is, for lifestyle and real estate opportunities, KZN is alive – new chances to own, invest, or grow life are abounding.