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Market & Opinion
Considering a home with a sea view? Here are three of SA’s best coastal investment areas
23 Aug 2022
If you are thinking of investing in property, you can’t go wrong with a home on the coast. Not only are the prices of properties located within 5km of the ocean experiencing faster growth, but the margin by which this exceeds non-coastal house price inflation has risen to an average of 3.1% for January to April 2022 - the highest coastal price premium since mid-2005, according to Lightstone property data. Also, you are assured of a good yield on your investment as properties in these areas are always sought after.
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