Greater Ballito has had a great population boom in the last few years and families are flocking to KZN to make the North Coast home. Demand and investment in the area is also booming and KZN’s North Coast is undoubtedly one of the best performing residential areas in the country. An estimate average of 40 families are relocating to the North Coast monthly.
Out of R2.7 billion of transfers in the last 12 months, 80% of these were within premium gated estates and gated estates within Ballito are currently seeing capital appreciation of 11% per annum. With ever-growing demand for rentals within a secure estate on our North Coast, greater Ballito has experienced a massive rush and Elaleni Coastal Forest Estate has proven a desirable investment and owners have already seen their investment growth surpass 55% in just 18 months.
Lush also offers great investment potential for owners. With homely and comfortable yet cool and modern feel. Lush is optimised for short-term letting whether it be business or pleasure.
Lush becomes ever more attractive with its location taking first place and trumping our sister cities in South Africa. Having the airport close by is a big drawcard for those looking to invest in Ballito. Lush has quick access to the N2 and M4 highways, and at only a 15-minute drive away, the proximity of the airport is a compelling factor especially for Lush owners who commute out of town for business and leisure.
Demand in the area has driven the development of infrastructure and much-needed services, Ballito now hosts some of KZN’s top-notch schools; and schools such as Ashton College, Crawford College and Reddam House have opted to take residence here. Health care is also high on the agenda and Lush is only 10 minutes from the newly-developed Alberlito Hospital.