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The South Coast and Durban suburbs with good schoolsDespite the area's growing number of young professionals looking for a home close to schools, Durban still offers solid value for money.Berea West’s record house pricesThe property market in Durban's Berea West offers freestanding homes at an average price of R1.565m and sectional title units at R1.649m.Expectations for another interest rate cut in November On 21 November 2024, the Monetary Policy Committee will deliver their decision regarding the interest rate. With South Africa's inflation easing and global central banks cautiously beginning rate cuts, the overall sentiment is that there is likely to be a further cut of around 0.25%.