Top schools drive demand for property in posh suburbs

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Top schools drive demand for property in posh suburbs

Families are clamouring for homes in and around school-belt neighbourhoods, say property experts

Journalist

Parents wanting to secure seats at some of SA’s top schools and universities are forking out millions to live in the vicinity of these well-established institutions.

Property experts have seen a major demand for homes in and around school-belt suburbs – such as Newlands, Rondebosch, Camps Bay, Fresnaye, Waterkloof, Hillcrest, Morningside and Bryanston – where some of the country’s top schools are located.

“The school-belt suburbs have been some of the best-performing areas in 2019 and homes close to schools have continued to achieve premiums of around 20-40%,” said Samuel Seeff, chairperson of the Seeff Property Group...

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