Residential estates are bucking the downward trend in the property market by consistently attracting buyers and remaining popular with South Africans for having homes that offer it all. Young families, in particular, are making the move to lifestyle estates, thanks to the amenities and security that are standard within these developments. The fact that many of them nowadays include a top school into the bargain, is often the clincher.
High-growth areas, such as Port Elizabeth, offer huge opportunities to young and established families. Those looking to invest in PE’s residential estates get incredible value for the price tag, compared to similar price tags in other cities. The Amdec Group’s Westbrook development offers a compelling value proposition and includes a Curro school within its borders.
A key selling point is that a school attracts investors to the development and increases the capital appreciation of your estate home over the long term.
“On a practical level, parents enjoy the convenience and peace of mind of having a school inside your secure residential development. It also encourages an active lifestyle, where children can walk or cycle to school,” says Clifford Oosthuizen, Managing Director of Westbrook.
South African trendsetters
Internationally, South Africa is out in front in terms of this trend: buying a home within a secure estate with a quality education at a private school within easy reach.
There is certainly increasing demand from South African investors for estates linked to premium educational facilities, particularly for families with children of a school-going age.
Take Sitari Country Estate near Somerset West, with a Curro school on the property. It caters to children aged from three months, offering a complete education to Grade 12.
In Cape Town’s northern suburbs, Clara Anna Fontein Lifestyle Estate’s homes appeal thanks to Reddam House Durbanville offering private high school within the secure estate.
Burgundy Estate provides access to private education for its residents. Pre-school children attend Curro Castle or Zenith Montessori, with Riverside College providing independent schooling for children until Grade 12.
In the southern suburbs of Cape Town, Silvertree Estate has Reddam House Constantia next door, where children walk to school via a secure gate.
In Johannesburg, the vast Steyn City is designed as a city within a city. Families’ educational needs are met with an early learning centre, preparatory school and college at the private Steyn City Schools, all within the estate. Residents can do a school run, fit in a quick fitness session or jog, all without venturing beyond the gates.
In Midrand, Waterfall Country and Village Lifestyle Estates offer Reddam House Waterfall. And residents of Blue Hills Country and Equestrian Estate in Beaulieu in Midrand send their children to Reddford House Blue Hills.
Families at Lanseria’s Monaghan Farm are investing in a country setting and farm-style living in a secure eco-estate. Curro Monaghan within the estate provides private education for children from Grade R to Grade 7.
Similarly, in Pretoria East, Reddford House is next to The Hills Game Reserve Estate. Cornwall Hill College in Irene, Centurion, has a 21-year history of educating children up to Grade 12. A selling point for the exclusive estate’s residents is that their children have access to school without having to leave Cornwall Hill Country Estate.
Securing primary and high school placements at quality educational institutions can be a time-consuming and stressful process. That’s why secure lifestyle estates with good-quality schools, have become so sought after. A short school run in a secure estate is convenient and saves parents enormously on commuting time, not to mention the fatigue and aggravation of sitting in traffic.
Buying into a secure lifestyle estate can be an investment in property as well as your children’s education and their future.