Ballito expands northwards | Everything Property
14 May 2023

Ballito expands northwards

Ballito

Over the past two decades, the KwaZulu-Natal North Coast has experienced continued development growth.

Over the past two decades, the KwaZulu-Natal North Coast has experienced continued development growth.

David Cameron, Pam Golding Properties area principal in Ballito and surrounds, says the establishment of King Shaka International Airport was a major stimulus, seeing growth spurts in areas such as Ballito, and with development extending further northwards, from Westbrook to Zinkwazi.

Says Cameron: “Ballito is today a flourishing hub in this region, comprising residential, commercial, industrial and retail developments, and good schools, and with easy access to key highways. Over the past 10 years or so a number of large estates have come to market such as Zululami, Seaton, Elaleni and Lalela, as well as the 380,000m2 North Point commercial and industrial node, ideally positioned between the N2 and R10 and just 15 minutes from the airport.” 

North Point commercial node is a market leader in this space locally, with the developers showcasing the project to large international brands as it is in close proximity to multiple routes in and out, has excellent municipal services and 100,000 active consumers within a 10km radius – as well as access to labour from neighbouring communities.

According to Lightstone statistics, with a total of 8,812 homes in the town, Ballito’s housing market is unlike most in major metro markets outside KwaZulu-Natal in that 44.6% of all homes are located in estates and 60.3% of all homes are sectional title. In estates such as Simbithi and Zimbali activity remains positive.  Says Cameron: “In the past six months, we have concluded three sales in Zimbali in the R12m+ mark, and are seeing a number of out-of-towners interest.

“This region has tremendous potential for residential property developers and investors, not only due to lifestyle appeal but also successful public-private partnerships which foster infrastructural improvements.” Ballito is sought-after across generations, with 35% of home owners having owned their properties for 11 or more years, while 40% have owned for less than five years, according to Lightstone statistics.

“The town is home to a mix of residents including retirees, with 42% of recent buyers being middle-aged and a notable 21% comprising young adults – many of whom we believe are first-time buyers, especially those with young families,” says Cameron. “A range of reputable schools are in the area, while Alberlito Hospital caters for medical requirements. Approximately 70% of our buyers are local with the balance from upcountry, primarily from Johannesburg.” Property in Ballito and surrounds ranges from around R3m for a 150m2 sectional title property to freeholds from R3m and vacant land of 800m2 from R1.5m.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

To Top

Pin It on Pinterest