Good schools influence property demand


30 July 2018, Monday

Studies across the UK and USA have indicated that living in a good school zone will increase your property value significantly, and it’s a global sentiment that we see influencing South African property. Enigma Private Estate is situated in a prime area, where it is 5-minutes from all the necessary and popular amenities, including being at the most, 3kms from some of KwaZulu-Natal’s top schools.

Research conducted by the Centre of Economic Performance at the London School of Economics (LSE) indicates that house prices respond positively to good quality local schools. According to LSE, schools showing higher average test scores give parents the impression that they are ‘good quality’ schools. It is believed that homes close to schools in Durban retain their value, and because quality schools expect scholars to live nearby, parents are willing to rent or buy in sought-after areas.

Having a good school coupled with an astounding location makes for a world-class property investment. Not only has Enigma Private Estate created a convenient, modern lifestyle it boasts a prime piece of land in Umhlanga Ridgeside and has easy access to top schools such as VEGA school, Crawford School, Victory Christian Academy, Atholton Primary School, and Reddam House Umhlanga, amongst others.

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