Estate Living Magazine Investment - Issue 34 October 2018 - Page 13

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
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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΅•Ι͕Ё1…­•ΜΙ••ΉΡ±δ½΅΅₯ΝΝ₯½Ή•…Έ₯Ή‘•Α•Ή‘•ΉΠΝΡΥ‘δ)½ΈΡ‘”‘•΅…Ή…ΉΙ½έΡ ₯΅Α…Π½˜₯Ή±Υ‘₯Ήœ„½½Ν‘½½°)έ₯Ρ‘₯Έ„±₯™•ΝΡε±”‘•Ω•±½Α΅•ΉΠΈQ‘•₯ȁɕ͕…ɍ Ν‘½έ́ё…Ё•Νхѕ́M½΅•Ι͕Ё1…­•Μ₯ΈM½΅•Ι͕Ё]•ΝΠ°©ΥΝЁ½ΥΡΝ₯‘” …Α”Q½έΈ°)₯́½Ή”½˜Ρ‘•Ν”‘•Ω•±½Α΅•ΉΡ́ΑΙ½Ω₯‘₯Ήœ…ΈΥΑ΅…Ι­•Π±₯™•ΝΡε±”)έ₯Ρ Ω…Ι₯½ΎɕΝ₯‘•ΉΡ₯…°½ΑΡ₯½ΉΜΙ…Ή₯Ήœ™Ι½΄Ρ½έΉ‘½Ύ͕…Ή)έέάΉ•ΝΡ…Ρ”΅±₯Ω₯ΉœΉΌΉι„)π€ΔΔ