Morningside, which borders Berea on one side, and the Umgeni River on the other, ranks as one of Durban’s three most popular suburbs.
Despite a slower market, the price growth here has greatly improved over the past year, with a marginal 2.5% increase in sectional scheme units, according to Property24 Data. The average sectional title unit is up by about 26% over the last five years, and now stands at around R900 000. Click here to see more seasonal and long-term changes in property prices and sales in Morningside.
This is compared to the average price of R2.775m price for an erf – and the overall median property value price in the area of R1.1m.
The area's accessibility to the centre of Durban and all of other attractions make Morningside even more appealing to younger buyers between the ages of 18 and 35-year-old – making 47% of recent purchases registered in the last six months.
Property24 listings data also shows that two- and three-bedroom properties prove to be more widely available - with price averages at the time of publishing between R1.292 million and R2.197 million respectively.
SEE | First-time buyers guide | Everything you need to know before house hunting
With apartments priced under R1m and exempt from transfer duties - making it perfect for those looking to enter the property market - here are some of the apartments on sale in Morningside:
1. Convenient living for R850 000
Set in a very well-maintained complex with 24-hour security in Morningside, Durban, this one bedroom and bathroom apartment is close to plenty of amenities. It has a private garden, patio, and communal pool plus squash court.
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2. An easy lifestyle for R1.55 million
This downstairs pet-friendly garden unit in Morningside, Durban, unit oozes charm and character. It has three spacious bedrooms, one full bathroom, wooden floors and a dining room opening onto an enclosed verandah and lovely deck.
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3. Starting out fresh for R795 000
This neat apartment in Windermere Road, Morningside, offers an open-plan living room leading to a good-sized balcony with city and partial sea views, one bedroom with ample cupboards and one full bathroom.
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4. Relaxed living for R650 000
In sought-after and well-managed complex, this bright and airy studio apartment in Morningside, Durban, offers a well-fitted kitchen and access to a lovely garden.
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5. A quiet lifestyle for R1.35 million
Situated in Prime Morningside close to Clifton school, this beautiful apartment offers two bedrooms with sea views, one bathroom and communal lush garden.
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6. Hassle-free living for R785 000
Close to many amenities, this apartment in Morningside, Durban, offers one good-sized bedroom, one bathroom, sprawling manicured communal gardens and built-in braai area.
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*Property24 Listings Data Disclaimer: The trends detailed in this article are based on Property24 listings, current at the time of publishing, and property transfer data supplied by Deeds offices, which typically take 3-4 months to reflect. Suburbs are listed according to Property24's geographical database. In some areas this will include both commercial and residential properties. The age demographic data of buyers, sellers and stable owners is determined over a six-month period. These Property Values should not be used as a substitute for independent professional advice and is subject to Property24.com Terms and Conditions.
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