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READ: 6 Reasons why a deposit is important when buying property To try and make it easier for first-time buyers to enter the market, financial institutions have become more willing to grant a 100% home loan, which means that firs-time buyers might not be required to pay a deposit to qualify for a home loan, explains Adrian Goslett, Regional Director and CEO of What R1.5m buys you in SA Whether you are looking to enter the property market for the first time or downscaling, these suburbs across SA have something for you. SOLD MAY 9, 2022. 6 beds, 9.5 baths, 11438 sq. Articles Relating To Durban North Homes you can buy for the average house price in KZN's Ballito Based on the shortage of stock and demand, the average house price in Ballito is around R2.5m to R3m. Stanger. Stanger. 24.6% of the sellers are older than 49 years old, while 55.4% of buyers are younger than 49 years old. Suburb Trend Report Ballito. 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