One of the biggest decisions for a parent is deciding which school their children will one day attend. Some start researching their children’s education institutions from birth – or even before. The competition for space in good schools is increasing every year, so much so that some parents are on the waiting list before they even fall pregnant.
“There is a tremendous demand for homes close to good schools or universities, as properties in these zones tend to hold their value much better in tough economic times. Buyers that have kids will often migrate and be drawn to these areas and are likely prepared to pay a premium for these properties” says Craig Hutchison, CEO Engel & Völkers Southern Africa.