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First-timers give areas faceliftRenewed interest in property on the part of first-time buyers is spurring wholesale upgrading in areas that had become run down or neglected.Upmarket not always best valueInvestors and homeowners who shunned older, lower- to middle-income areas in favour of luxury, upmarket suburbs may have lost out on some spectacular capital gains last year. By Joan MullerThe Rise of Ballito and Umhlanga as Investment HotspotsFrom first-time homeowners to established investors, Balwin Properties' developments such as Ballito Hills and Izinga Eco-Estate are known for their quality, sustainability, and integration of modern conveniences.
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