The investor’s guide Durban’s most popular suburbs
Durban is becoming an increasingly attractive destination for Gautengers looking to relocate, as well as those who want to dip into the property market as an investor. We take a look at some of the most popular Durban suburbs and tell you what they have on offer.
Homebuyers willing to open themselves up to more options than property for sale in Gauteng might want to consider buying a piece of property in another province to expand their real estate portfolio. Whether you’re looking for a vacation getaway, a locale to spend your retirement years at, cultural enrichment or just a good investment opportunity, there’s plenty of reasons why Durban is the perfect location of your next property purchase.
Findings from a recent property survey have discovered that Durban has seen a 7% change in the cost of property for sale when looking year on year. This beautiful coastal city sports wonderful property options across a range of popular suburbs.
Durbanites are proud to call this city home, and it is easy to see why they would not choose to live anywhere else; with the wonderful climate and lifestyle being appealing to most, not to mention the fantastic infrastructure and brilliant nightlife.
If you are a first time property investor then look no further, Durban is sure to have just the property for you, with so many popular suburbs to choose from, your property needs are sure to be met. Some of these options, to name but a few, include Phoenix – this location is the perfect option for young families, due to prices of property being very affordable as well as being perfectly situated near amenities and schools.
Another loved Durban suburb is that of Glenashley; if it is a luxurious estate you are after then this could be the suburb for you to call home. Glenashley is home to some of the most extravagant estates that all have the same things in common – security, lifestyle and luxury, making this high-end option very desirable.
If you are a nature lover and are looking for the perfect property to fulfill your desires, then Waterfall is a great option for you. The beautiful suburb of Waterfall is most loved for its country lifestyle and stunning scenery, making it very popular amongst nature enthusiasts such as bird watchers and bikers.
Despite Gauteng’s market offering more than a few bright spots, the options are equally attractive in Durban when it comes to property hunting, no matter what your ideal property might be.
