South Coast VS North Coast
The South Coast of KwaZulu-Natal is a gem with its stunning beaches, outdoor activities, and relaxed atmosphere, it's no wander why people are flocking to this beautiful region. The Lower South Coast property market is experiencing steady growth, driven by its affordability, natural beauty, and lifestyle appeal. Traditionally a retiree haven, the area is now attracting a broader market, including families and young professionals seeking a slower pace of life.
Key Areas to Watch
-Umtentweni
-Ramsgate
-Oslo Beach
-Margate
Emerging Trends
-Golfing Paradise
-Retirement Villages
-Holiday Rentals
Pricing Statistics
-Average selling price: R1. Million
-1 Bedroom apartment: R550,000 - R900,000
-3 Bedroom house: R900,000- R2.5 Million
New Deveondpments
-Golf Courses
-Retirement Villages
-Air Services: Margate to Gauteng flights
-Virgina Airport Relocation to Scottburgh
Growth and Demand
-8% annual growth in property sales
-12% increase in property values
-20% growth in rental income
Comparison to North Coast
-South Coast 8% annual growth, 12% increase in property values
-North Coast: 3.15% coastal house price inflation, 2.59% non-coastal
Expert Insights
"The growth of the region, coupled with an expanding middle class, has created a steady demand for accommadtion for both the sales and rental market" Says South Coast Property specialists.
Why Choose the South Coast?
-Affordability
-Lifestyle Appeal
-Investment
-Expanding Middle Class
-Steady Growth
-Relaxed Environment
Stay ahead of the curve with the latest property news and trends on the KZN South Coast!
Neil Gray
For more info contact Cam Properties
https://m.camproperties.co.za/contact/
https://www.camproperties.co.za
Tel: 083 245 5517 | 073 113 0337
Address: Cam Properties, Shop 20 Foster Rd, Uvongo Square, 4270
Author Neil Grey