MONEY
TOP 5 TRENDS
IN PROPERTY INVESTMENT ONE YEAR INTO PANDEMIC PHOTOGRAPHY: KERAN BARKER
T
“Although the concept of retirement is becoming passé, most are looking at starting a new adventure by relocating to a secure estate. We’re also noting a number of younger investors coming through and renting out
the coast with the most popular price
the property in the interim.”
bracket in the R1.5m mark and below.”
he disruption of the past
2. NATURE-BASED LIVING
5. SMALL TOWNS AS PRIMARY RESIDENCE
year has dramatically
According to Phil Barker, there’s a trend
“Most people looking for property
shifted mindsets with many
of moving away from lock-up-and-go
on the KZN South Coast are
prioritising lifestyle when making
apartment living, with buyers looking
looking for permanent residence,
big decisions. This has filtered
for more open space. Properties that
rather than holiday homes,”
through to the property market,
are close to nature are high in demand,
explains Evans.
with significant trends emerging
so residents can enjoy the fresh air
that indicate KwaZulu-Natal’s
and views. Easy access to the ocean, as
by the ability to continue working
coastal, nature-based estates are
well as forests and reserves for nature
remotely, and the desire to ‘live the
prime locations for South African
walks, are being prioritised.
investors. Phil Barker, of Renishaw
This has largely been prompted
holiday’ and benefit from more cost-effective living has
3. MORE SPACE
seen such coastal areas
Property Developments on the KZN
“With the baby-boomer
South Coast, says the relaxing of
generation reaching
Barker says, “Really,
lockdown regulations has resulted
retirement age, there
if you can live and
in a spike in interest for property
continues to be a
work anywhere,
along the coast. “There has
demand for secure
then why not choose
definitely been a shift in mindset,
mature lifestyle
a sea view and great
particularly among those who are
estates,” said Barker,
looking at a retirement investment.
who added that, rather
Many people who’ve been on the
than retiring completely,
fence about this decision were
the generation is choosing
prompted, during lockdown, to take
to consult in their field of
the leap and move to the coast. This
expertise or start up new ventures.
is a welcome trend and we expect to see more of it.”
“This means, where boomers once
rise in demand. As
quality of life over the busy city?” Renishaw Hills, the Scottburgh-based mature lifestyle village, works into all the current property trends. Quality-built homes in a secure
wanted to downsize, there is now
estate with ocean and forest views,
a strong demand for homes with a
access to nature trails, a sense of
second or third bedroom that can be
community and incredible value
converted into an office to facilitate
for money have attracted people
1. MARKET REMAINS BUOYANT
working from home, as well as a
looking to start a new adventure.
Jeff Evans of Tyson Property Group
reasonably high-speed uncapped
says the market ‘remains buoyant’
internet connection.”
Here are some of the trends noted in coastal properties:
following the lockdown spike,
To find out more about living the holiday life at Renishaw Hills, book
with interest in the KZN South
4. EARLY INVESTMENT
a tour with all relevant health
Coast coming from everywhere.
“The new phrase is ‘I don’t do
and safety measures adhered to
“Whether upsizing or downsizing,
retirement; I do life’, which is
at info@renishawhills.co.za or
people are looking at property on
inspirational,” continued Barker.
visit www.renishawhills.co.za WWW.SILVER DIGEST.CO.ZA
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