The South Coast & Hilton Areas Are Experiencing Property Demand
"The South Coast and Hilton areas are experiencing a significant surge in property demand, with a notable increase in interest from buyers. The South Coasts affordability, laid back lifestyle, and scenic beauty are major draw cards, attracting families, retires, and young professionals. Similarly, Hilton country style living, secure estates, and easy access to schools and amenities are driving demand.
According to local agents, property prices have risen significantly between August 2023 and August 2024. The South Coast has seen an average price increase of 15%, with some areas like Margate and Ramsgate experiencing up to 20% growth. Hilton and surrounding suburbs have seen an average price increase of 12%, for secure estates and country-style homes leading the way forward.
The demand for Beachfront properties and holiday homes on the South Coast is also on the rise with investors and families snapping up properties in popular areas like Port Edward and Uvongo. In Hilton, the demand for secure estates and country-style living is driving prices up, with some estates seeing up to 15% growth in the past year.
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Author Neil Gray