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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.Budget 2025: 0.5% VAT increase proposed for 2025 and 2026To raise the revenue needed, the government proposes to increase the VAT rate by half- a percentage point in 2025/26, and by another half-a-percentage point in the following year. This will bring the VAT rate to 16 per cent in 2026/27.