potential buyers and tenants are more inclined to settle where there are schools within safe walking distance from their homes . While short commuting distances are also agreeable , their preference is to live close to the school . developed in conjunction with a school result in a 10 % to 15 % higher property price growth potential compared with homes near private schools developed in pre-existing residential areas . Very similar trends were noted throughout South Africa .
Somerset Lakes recently commissioned an independent study on the demand and growth impact of including a good school within a lifestyle development . Their research shows that estates
Somerset Lakes in Somerset West , just outside Cape Town , is one of these developments providing an upmarket lifestyle with various residential options ranging from townhouses and
www . estate-living . co . za | 11
potential buyers and tenants are more inclined to settle where
there are schools within safe walking distance from their homes.
While short commuting distances are also agreeable, their
preference is to live close to the school. developed in conjunction with a school result in a 10% to 15%
higher property price growth potential compared with homes
near private schools developed in pre-existing residential areas.
Very similar trends were noted throughout South Afr ₯Έ)M½΅ΙΝΠ1
Μɹѱ佡΅₯ΝΝ₯½Ή
Έ₯ΉΑΉΉΠΝΡΥδ)½ΈΡ‘΅
Ή
ΉΙ½έΡ ₯΅Α
Π½₯Ή±Υ₯Ή½½Ν‘½½°)έ₯Ρ‘₯Έ±₯ΝΡε±Ω±½Α΅ΉΠΈQ‘₯ΘΙΝ
Ι Ν‘½έΜΡ‘
ΠΝΡ
ΡΜM½΅ΙΝΠ1
Μ₯ΈM½΅ΙΝΠ]ΝΠ°©ΥΝΠ½ΥΡΝ₯
ΑQ½έΈ°)₯Μ½Ή½Ρ‘ΝΩ±½Α΅ΉΡΜΑΙ½Ω₯₯Ή
ΈΥΑ΅
ΙΠ±₯ΝΡε±)έ₯Ρ Ω
Ι₯½ΥΜΙΝ₯ΉΡ₯
°½ΑΡ₯½ΉΜΙ
Ή₯ΉΙ½΄Ρ½έΉ‘½ΥΝΜ
Ή)έέάΉΝΡ
Ρ΅±₯Ω₯ΉΉΌΉι)πΔΔ