The best estates in Durban KwaZuluNatal

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Carol Reynolds, Pam Golding Properties Area Principal for Durban Coastal, chats to the Afternoon Express team about the property market as well as estate living in her home province, Durban, KwaZulu-Natal. • Video Transcript: • Search for a home on any device, anytime, anywhere. Private Property: a home for everyone. • Presenter: Welcome back to Win A Home on Afternoon Express, exclusively on SABC3. Now, as you know, Private Property has teamed up with Afternoon Express to provide you with advice on the different aspects of property on estates. Today we have in the loft with us Carol Reynolds, north Durban area principal for Pam Golding Properties, who's going to talk to us about the property and estate market in her home province of KwaZulu-Natal. Welcome to the loft. • Carol Reynolds: Thank you. Thanks for having me. Good to be here. • Presenter: So Carol, how does one like you get involved in the sort of world of property? • Carol Reynolds: I was born into a property family. My father's a conveyancer, my mom's owned the Pam Golding franchise for 20 years in the Midlands, my sister co-owns it with him, my brother's in construction, my grandfather was a developer, and I did law and decided that I needed something a little bit more vibrant in my life-- Presenter: So you tried to run away, and then the cord was too close, and it kind of pulled you back in. • Carol Reynolds: That's it. I thought, I've either got to be an estate agent or a lawyer, so let me do property, because I love everything about property. I love renovating, decorating, investing in it. • Presenter: Stunning. • Carol Reynolds: It's my passion. • Presenter: What's so cool about your family is that you're so diverse in the field of property. So what exactly is going on in the markets in Durban when it comes to property? • Carol Reynolds: 2017's been an interesting year for South Africa, and there's been a lot of negative sentiments. But ironically, people tend to gravitate back towards a bricks and mortar, more solid investment class. So actually, the residential property market, particularly in Natal, is being really resilient. It's showing extreme resilience. We've had growth of 9% year-on-year in Umhlanga, which is 4% above the national average. My little Durban North/Umhlanga franchise has done better this year than last year. So I think sometimes you've got to remove yourself from the noise and the sentiment and actually focus on the stats, and you'll see that actually the residential property market's doing exceptionally well. • Presenter: Sure. And speaking of those stats-- I mean, we were mentioning over the last couple of weeks that estates are a growing trend when it comes to property. Everyone's looking to be part of an estate. So what are some of the hottest estates that are happening in KZN at the moment that are around? • Carol Reynolds: Well, just north of Ballito in a little place called Tinley Manor is Palm Lakes. Very popular with the young families because you can get a three to four bedroom home there for 3 million rand. • Presenter: What? • Carol Reynolds: So it's really affordable, and there're lakes on the estate, lots of community centers, ideal for children. So that's a popular one. Then, moving slightly through the south into the heart of Ballito is Simbithi. Simbithi's done very well over the years. Beautiful modern contemporary architecture. It's got an 18-hole golf course, an equestrian center, so also very popular with families. And then, moving slightly further south to Zimbali, which is on the cusp of Ballito, probably the most well-known security estate in KwaZulu-Natal. It's got Balinesian architecture, very established. It's got a lot of coastal forests-- • Presenter: Now, weren't-- • Carol Reynolds: --which creates privacy. • Presenter: Weren't they also named as the second, just below an estate in Cape Town, as one of the key estates? • Read more here: • https://www.privateproperty.co.za/adv... • ~-~~-~~~-~~-~ • Please watch: Private Property | Your Space, Your Rules! | Stand a chance to WIN R100,000 • • Video • ~-~~-~~~-~~-~

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