Everything East London has to offer
Category News
"It's a city with a small-town feel, a coastal haven that offers beautiful properties and a great way of life." That's what one East London resident replied when we asked her why she chose East London to be her home. Jawitz Properties takes a closer look at what East London has to offer - both for those looking for a primary residence and for families who may be looking for a holiday home.
East London's peaceful way of life
East London offers a pleasant respite from the pressures of the corporate world. It's a city that boasts both every amenity you could need and a friendly, laid-back way of life that just isn't found in the country's bigger metropolises. If you want to avoid Joburg's traffic, Cape Town's congestion and Durban's humidity, East London is the place to be.
Popular East London suburbs and types of property on the market
There are various popular suburbs of East London that make great homes. Beacon Bay, Gonubie and Nahoon are three of the best-loved areas of the city.
Jawitz Properties has an array of properties on the market in Beacon Bay, including apartments, units in complexes and delightful three and four-bedroom freestanding houses. The advantages to calling Beacon Bay home include proximity to stunning beaches like Bonza Bay Beach and great amenities including schools and shops.
Gonubie is situated just outside the hustle and bustle of East London and offers a sought-after sense of tranquility. Locals and visitors love going for a stroll along the boardwalk and exploring the man-made tidal pool and indigenous flora and fauna. Being slightly off the beaten track doesn't mean that Gonubie residents are short of amenities - there is Kings Mall just a stone's throw from home to meet your needs, as well as primary and high schools.
The majority of properties on the market in Gonubie are freestanding houses priced between R1 500 000 and R3 000 000. There are also apartments and townhouses with lower asking prices.
Nahoon is well known for its spectacular beach, laid-back vibes and natural beauty. The beach - described as "an endless stretch of pristine sand" sets the stage for a relaxed, outdoorsy and family-orientated way of life.
Real estate on offer in Nahoon includes three and four-bedroom houses and townhouses priced from around the R2 500 000 mark.
Quick facts about East London's real estate market
- Freehold houses make up the majority of properties in East London. There is also a small percentage (6.36%) of freehold properties in estates and another small selection (9.3%) of sectional title units.
- East London is growing in popularity among young buyers between the ages of 18 and 35. 27% of recent buyers fall into this age category.
- An additional 43% of buyers who bought property in East London recently fall into the "middle-aged" category between 36 and 49.
- More than 60% of East London's current homeowners have owned their properties for at least 11 years. Similarly, 49% of recent sellers have called East London home for over a decade.
- The median price of freehold properties in East London has grown in 2022, indicating that property in East London is a solid investment. The price of sectional title units and vacant land has dropped slightly, creating a great opportunity for savvy investors.
Jawitz Properties is a specialist in the East London property market, and if you're looking to buy, sell or rent a home in the area, we are here to help. Contact us today and let us help you find the piece of East London that's right for you.
Author: Jawitz Properties
