Featured
On Show
Industry and Employment Draws Buyers to Empangeni
Category Property News
Employment plays an important role in owning real estate, it seems apparent yet it is often overlooked as being one of the key driving factors in the property market. The growth in demand for homes in certain areas can be pin pointed to large scale job creation, in locations where industrial and agricultural developments take place. Therefore it is a safe to assume that the influx of industry along the KwaZulu-Natal North Coast has been the main influence in property sales in various towns and suburbs in this area. Since the severe lack of housing in the 90’s, the area has experienced an eruption of much needed developments over the past few decades.
Like many other industrial and agricultural hubs throughout South Africa, the town of Empangeni – regarded as a nucleus for sugar, cotton, timber and cattle-farming and is also seen as a vital retail and service centre for surrounding areas – consistently draws buyers through its ideal positioning and industry. Statistics show that 79.7% of recent buyers in this area are evenly spread between the 18 – 35 and 36-49 year age group (38.1% and 41.6% respectively) – with the main reason for relocation being employment.
Situated a convenient 15km from the industrial hub Richards Bay, the town of Empangeni can be found in the heart of sugar cane country and has been able to preserve its traditional small town feel, regardless of being a developing centre of business and commerce. Despite its close proximity to Richards Bay, properties in Empangeni are attractive to interested buyers due to their affordability. With the average price of a home nearly 40% lower in Empangeni – it has been favoured as an alternative in comparison.
Known for friendly hospitable people and a sub-tropical climate, true to its Zululand roots, Empangeni is a place where the past and present merge together in perfect harmony. Originally the site of a Norwegian Mission station founded near the eMpangeni stream, Empangeni has since grown into a thriving metropolis of trade, retail and convenience. The town boasts several top-notch schools, including the highly acclaimed St Catherine's High School and Felixton College and is home to The University of Zululand’s main campus.
Many not to be missed attractions are also on offer including the; Thula Thula Game and Enseleni Nature Reserve, Fort Nongqayi Museum Village and Route 66 Zululand Heritage Route which are all close by. For sporting enthusiasts there is an 18-hole golf course at the Empangeni Golf Club, Olympic size public swimming pool at the Slimline Pool Centre and two sport clubs in the area.
Buyers can expect to get more house for their buck, as they can get larger properties at more modest prices, Lew Geffen Sotheby’s International Realty boasts numerous exclusive listed properties in the Empangeni area. Currently on the market is a stunning 3 bedroom family home, bordering the golf course in Empangeni Central, listed at R1,595,000.This spacious property boasts three large en-suite bedrooms and generous living and entertainment spaces. This lovely property also comprises a sparkling pool, three phase electricity secured with intercom, alarm, beams and automated gates and garage doors.
Whether you are relocating for work or if you are looking to raise your family with the rolling hills of Zululand on your doorstep, Empangeni is the ideal place. With low prices, perfect positioning and all the amenities you could ever need, Lew Geffen Sotheby’s International Realty will find the Empangeni property that matches you and your family's requirements.
Author: Lew Geffen Sotheby's International Realty
