Local property experts weigh in on the property market in the Upper Highway Area.
Why should buyers consider investing in an estate in the Upper Highway area?
When potentials buyers call in to see me, the first thing they ask about is security. This is without a doubt the main reason why people are moving into estates. The next factor is the tremendous number of highly sought-after schools in the area. Residents are literally spoilt for choice in the Upper Highway area as we boast some of the best schools in the country. Parents want a secure home and garden for their children to play in. Generally, the plots of land in the Upper Highway estates are larger, which means residents can still experience some privacy while living in a gated community.
Michelle Thomas: Estate manager, PheZulu Game Estate
What draws buyers to estates in this area, and has there been an increase in the number of people investing in this area?
The Upper Highway area continues to grow in popularity for homebuyers looking at lifestyle security estates, and upmarket estates are undoubtedly attracting high-income earners to the area. The area offers a more temperate climate when compared to living on the coastal belt, and Hillcrest now boasts a number of new facilities that enable it to compete from a lifestyle perspective with the more traditional upmarket areas on the North Coast. This includes the new Hillcrest Private Hospital, new/upgraded shopping malls and a Virgin Active gym in the centre of Hillcrest as well as a new regional mall planned for the Shongweni area.
James Arnott: Arnott Consulting, Shongweni Eco Estate
Do estates in the Upper Highway area offer good value for money? Are these properties holding their value?
It's certainly no surprise that estates in the Upper Highway area are gaining popularity. Traditionally, estate living has been viewed as an unaffordable option for buyers in the lower price brackets. However, this perception is fast being put to rest because of the growing number of affordable estates popping up in the area. These types of estates particularly appeal to those with young families. However, it needs to be said that homes in gated estates are now the preferred choice for the majority of house hunters. Demand is always going to influence price and as such investing in a gated estate is generally a good move on the financial front.
Andrew Smith: Principal, Emerton Estate
This article originally appeared in Neighbourhood, Sunday Times.
Take a lush journey through the Upper Highway Area in KZN: