More buyers seeking out Zinkwazi

If your idea of a perfect holiday is waking up to both the sound of the surf on the beach and the cry of the Fish Eagle, then Zinkwazi Beach on the KwaZulu-Natal North Coast is the place for you.

Still largely undeveloped, it is known as the “Jewel of the North”, and boasts no through road, no trendy clubs and no glitzy nightlife – just great swimming beaches, a lovely lagoon for water sports and lots of fresh air and sunshine.
Consequently, most of the resident population is made up of retirees, says Derek Tavendale, the new Chas Everitt International Notebook© licensee in Zinkwazi Beach and most of the properties in the village are holiday homes bought as investments many years ago and available for short-term rental.
However, he says, the village has started to get a lot more exposure and interest from upcountry buyers seeking to relocate their families to the North Coast since the opening of the King Shaka international airport just 35km away, and there is also rising demand for property here among younger buyers who work in Umhlanga and Ballito but want to live somewhere quieter.
“And the good news for them is that prices here are still reasonable, although they are starting to rise thanks to the increased demand and constrained supply because there has been no new development here in years.”
According to property data company Lightstone, the average price paid for freehold homes in the village during the past 12 months is R2,8m, and that for sectional title properties R2m. The prices of homes currently advertised for sale start at just over R1m, and there are many empty stands for sale at prices starting from about R500 000.
Derek, who worked in IT for many years and then as an agent for another national real estate company, says he chose to work under the Chas Everitt International banner because it is “a breath of fresh air” in the real estate industry that seeks to enable its licensees rather than regiment them.
“And it has the technology and business systems to allow me to offer the full range of estate agency services all under one roof. This makes all the difference when it comes to ensuring that a business succeeds in a small market like ours.”

  Comment on this Article

  Please login to post comments

Post to my facebook wall
Characters remaining

    Latest Property News
    • 19 Feb 2018
      While most homes in cluster complexes, estates and other gated communities come with at least one garage or carport, residents would often like additional permanent parking or storage areas for things like trailers, bikes, boats and caravans.
    • 16 Feb 2018
      Whether you own a property in a sectional title complex or are looking to invest in one, the financial standing of the body corporate is the single most important thing that can affect your investment or your buying decision.
    • 15 Feb 2018
      One positive consequence of the financial crash in 2008 was the rise in consumerism, especially in the property market, where buyers have steadily become more knowledgeable and more value conscious.
    • 15 Feb 2018
      While most homeowners will take the agent’s commission into consideration when they are trying to determine what the will get out from the sale of their property, many often forget to factor in the other costs involved in a home sale, says Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa.
    • 14 Feb 2018
      The forecast for the national rental market in 2018 remains a mixed bag of good news and bad news. Although rentals are expected to rise slowly as the challenges of home affordability and tighter lending criteria tighten their grip, it’s a double-edged sword as the market also will come under increasing pressure from factors like declining disposable income levels.
    • 14 Feb 2018
      While you may not have intended to place your home on the market, what do you do if you receive an unexpected offer on your home? In areas where demand outweighs the current supply of homes available to buyers, it is not unheard of to have buyers make offers on homes that aren’t on the market, says Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa.
    • 14 Feb 2018
      If you are looking to sell your home this year, Debbie Justus-Ferns, divisional manager of Renprop Residential Sales, says that there are five crucial things to do before the ‘for sale’ sign goes up.
    • 01 Feb 2018
      February is the month of love and to celebrate we will be posting about all the things we love this month. Follow the #MyPropertyLoves hashtag to keep up with our favourite things.
    Subscribe to the MyProperty Newsletter

    Last Name  
    Email Address  
    Email Frequency
    Share this Page

    For Sale Property
    Rental Property
    More Options
    Connect with us