Property Along Kwazulu-Natal's North & South Coasts
North Coast: Ballito Richards Bay Stanger Umhlanga
South Coast: Amanzimtoti Hibberdene Margate Port Edward Port Shepstone Shelly Beach Southbroom Uvongo
KwaZulu-Natal North Coast Property (Dolphin Coast)
The property market on the KZN north coast is set to receive a major shot in the arm over the next few years courtesy of the Dube Trade Port and King Shaka International Airport at La Mercy, situated between Ballito and Umhlanga Rocks.
It is estimated that these projects will create in excess of 269 000 jobs over the next 25 years and the spin-offs are already being felt in surrounding areas with increased demand for goods, services and accommodation for workers driving property prices up.
Further galvanizing Ballito is a new 100 000sqm shopping centre for the town which has grown over the past few years from a highly popular holiday venue to an area of choice for permanent residents looking for an better quality of life. Properties in gated communities are proving the most popular with this set.
Umhlanga’s inherent appeal and village-like ambience has also done much to bolster the local property market in recent times but property prices in the area still compare favourably when judged against those in other coastal “hot spots” such as Camps Bay in Cape Town.
Wealthy South Africans and international property investors have also found plenty to please them along the Dolphin Coast in recent years in super-luxury property developments such as the Zimbali, Simbithi and Seaton Deleval estates.
Apart from residential and vacation property, there are also a few commercial hubs such as the port of Richards Bay and Stanger.
IOL KwaZulu-Natal South Coast Property (Hibiscus Coast)
Known as South Africa’s most popular playground, the KZN south coast starting at Durban attracts hundreds of thousands of visitors and holidaymakers every year, and consequently has a wealth of properties available for short-term lets, from apartments and townhouses to self-service chalets and imposing mansions on the beachfront.
Famous for the annual “sardine run”, for angling and for whale and dolphine watching, the area is sometimes also called the “golf coast” as it has nine superb 18-hole challenges, including the Selborne, San Lameer and Wild Coast Sun courses.
Running all the way south to Port Edward and the Wild Coast, the area includes major centres such as Amanzimtoti, Hibberdene, Port Shepstone, Shelly Beach and Margate, as well as a myriad of seaside villages, very few of which have escaped a wave of holiday unit development in recent years.
Indeed, investment in such properties and second homes was the mainstay of this area’s property market for a long time, but now it is also a favourite among retirees and an increasing number of families that are looking to escape city crime and grime. This has resulted in an increase in the number of permanent residents, the construction of new shopping malls, schools and other infrastructure, and improving prospects for all types of businesses in the area.
Property prices are generally lower on the Hibiscus Coast than for comparable properties along the north coast, which is also helping to boost the area’s popularity, although there are several upmarket residential estates including the new Wozani Ridge development near Hibberdene.
Property in Durban
Property in Cape Town