Are you looking to expand your Real Estate investment portfolio, buying your dream forest-beach mansion, or are you looking for a seaside holiday property? With all eyes on the North Coast of KwaZulu-Natal—having seen a 25% growth within the last decade, the Ballito-Umhlanga corridor is where you should be shopping.
While Sandton and Cape Town are home to the most extravagant suburbs and stately homes in the country, the corridor between Durban, Umhlanga and Ballito is witnessing a massive surge in property growth. Offering an idyllic coastal lifestyle, where you can swap your Prada’s for a pair of Burberry slides or Havaianas, KZN is all about tropical beach weather, golf courses, indigenous forest—and a flourishing property market.
The fastest-growing wealth market in the country
One of KZN’s best-kept secrets—the corridor between Durban, Umhlanga and Ballito are experiencing the most prominent growth in South Africa since 2009, outperforming other provinces as an investment destination. Offering way more than just a ‘luxury home by the sea’, the dolphin coast is the fastest-growing wealth market in the country in AfrAsia Bank’s 2019 South Africa Wealth Report, revealing a 25% growth trajectory over the past decade.
Since SARB’s decision last month to hold the repo rate at 3.5% and the prime lending rate at 7%—now is the best time to snap up a holiday beach property, especially with King Shaka International Airport on the corridor’s doorstep. Besides the magnificent stretch of properties that dot this prestigious coastline, young families, avid golfers, eco-enthusiasts, and retirees have an enormous pick of pristine gated estates with spacious freestanding homes.
You’re either creating wealth or a passive income
Escaping city crime and grime, the Dolphin Coast is quickly becoming the new ‘property capital’ of South Africa. It is a highly desirable lifestyle with sound value-for-money homes. With the North Coast attracting more professionals and tourists, it is one of the country’s most desirable locations to live, holiday and invest. The coast’s impeccable views, easy access to routes, and proximity to schools, hospitals, malls, restaurants and nightlife, offer high rental opportunities that guarantee a steady income stream.
The area of choice for investors and developers
The North Coast is experiencing a surge of investment across commercial, corporate, and residential spaces. Although Umhlanga triggered this growth, the North Coast has always been a popular holiday and lifestyle destination. A kept secret that’s recently reinvented itself, this lush part of KZN is pulling rank. Partially driven by a trend in golf-estate living, the Umhlanga-Ballito corridor is drawing substantial investment in developments, with several projects on the go.
Besides an R76 billion master plan set to transform the North Coast from Ballito upwards, there are expansions in Zululami, Elaleni, Seaton Club, and Springvale Country Estates that are in various stages of planning and execution. Three apartment blocks are also going up in Sibaya, and a grand resort-style development near the casino, all of which add to the luxury of choice for secure coastal gated environments.
A luxury lifestyle with work, shopping, schools, and leisure on your doorstep
Just as some people choose to raise their kids in the country, many prefer the coast. However, the Umhlanga-North Coast offers the best of both worlds: a safe, gated lifestyle surrounded by forest coupled with the warm Indian Ocean and coral reefs that wrap along the coastline, making surfing, hiking, sailing, horse riding, paddle-boarding, kite-surfing, and snorkelling an everyday reality.
While you’re here—get in touch with the leaders in the KZN luxury property
With an abundance of world-class beaches, non-stop outdoor adventure, top-end schools, shopping malls and boutiques, luxury spas and fantastic restaurants and cabana bars, the Umhlanga-North Coast has it all. Whether you’re considering snapping up a family home on the Gold Coast, an up-market sectional title, a freestanding mansion, or you’re an investor after a safe ROI in a proven property market that is thriving, Tyson Property has the top listings.
We sell more properties than any other agency
Setting the standard in the sale, purchase, and letting of residential and commercial properties throughout KZN, we are a leading multi-award Real Estate Agency brand with an extensive portfolio, sophisticated marketing processes, and in-depth knowledge of the region and property market trends. Winning Best International Real Estate Agency for the fifth year in a row and “Affiliate Status” for KZN by Christie’s International Real Estate—we sell more properties than other KZN property agencies.