You are here: Cam Properties / Latest News / South Coast Vs North Coast

South Coast VS North Coast

SHOWING ARTICLE 5 OF 13
GALLERY

South Coast VS North Coast

Category Buyer Market

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://m.camproperties.co.za

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
Published 30 Sep 2024 / Views -
Disclaimer:  While every effort will be made to ensure that the information contained within the Cam Properties website is accurate and up to date, Cam Properties makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.