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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