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Queensburgh still a great choice for Durban buyers

The Durban suburb of Queensburgh remains a firm favourite among first-time buyers thanks to the fact that it offers a huge variety of sectional title and full title homes at reasonable prices.
 
“Of all the areas close to Durban’s city centre, Queensburgh offers the best value for money,” says Nisha Singh, principal of top local agency Harcourts Finest. “The area has always attracted buyers looking for well-priced, entry-level properties and while prices have increased somewhat recently, most homes here are still well within reach of first-time buyers and newlyweds who need to commute to the CBD for work.


This charming family home in Queensburgh’s Malvern node is for sale through Harcourts Finest for R1,795m. It is newly renovated and offers three bedrooms, two bathrooms, an open-plan dining room and and lounge, separate TV room, designer kitchen, double garage and a beautiful pool and entertainment area.
 
“Now we are also seeing younger graduate couples entering the property market in Queensburgh by buying their homes prior to getting married.”
 
The average price of freehold homes in Queensburgh is now around R1,8m, she says, while apartment prices start at R625 000 for a two-bedroom, one-bathroom unit.
 
Queensburgh is known for its hilly terrain, charming wooded areas, caravan park tourist attraction and convenient shopping at various malls, including the Malvern Shopping Centre.“And new developments in this node are always sought-after, but there is a dearth of new development land, so investors might have to wait a while or compete with other buyers for available second-hand stock.”
 
On the other hand, Singh says, young families looking for larger homes can find them in the Escombe, Hillary, Moseley, Harinagar and Northdene nodes of Queensburgh. “Here family residences boasting expansive gardens, pools, granny flats, gyms and multiple bedrooms can be found for under R3m, and movement in the market is being created by the older generation moving out of these big homes into complexes or into retirement accommodation.”
 
Meanwhile, Queensburgh also has its fair share of executive residences and manor houses between R3m and R5m and these larger homes are also in demand among families with older children attending one of the area's excellent high schools. These include Queensburgh Boys' Secondary School and Queensburgh Girls' Senior Secondary School.
 
“There are also many primary schools here,” she says “including Escombe Primary School, Malvern Primary School, Northdene Junior Primary School, Parkside Primary School and Queensburgh Primary School. You are also close to Inkosi Albert Luthuli Central Hospital and the beach, and 30 minutes’ drive from King Shaka International airport. In short, you just can’t beat the centrality of this location.”


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