Home sales in Sandhurst have been as … He says in Johannesburg, these would include Parkview, Dunkeld and Saxonwold, for example, and the Dainfern and Eagle Canyon estates, as well as the small estates hidden away in parts of Lonehill. This is an affluent suburb in Cape Town near the sea and is one of the wealthiest areas in South Africa. The views here are spectacular. Comments section policy: Any attacks on BusinessTech, its journalists, or other readers will result in a ban. DURBAN – Owing to the fact that there is a much smaller pool of potential buyers who can afford these kinds of homes, luxury listings are often the trickiest to sell. Private Property set out to find the 10 most expensive suburbs in South Africa, using statistical analysis. As reflected, the "Big 5 Atlantic Seaboard suburbs of Cape Town" (Camps Bay, Clifton, Bantry Bay, Fresnaye and Llandudno) account for most of Cape Town's R20 million homes. Is it the number of wealthy individuals who live there, the number of high-end homes it contains or the rate at which its home values appreciate? Please contact our Property24 Support Team for further assistance.  Just to the South of Darrenwood are the Johannesburg … This is an affluent suburb in Cape Town near the sea and is one of the wealthiest areas in South Africa. This is according to David Jacobs, the Rawson Property Group’s Northern Region and KZN Regional Manager, who says whatever your personal vision of such an area, or whatever your preferred combination of affluence factors, there’s no doubt that South Africa has upmarket estates or heritage suburbs to match. Back to News Advice Centre News SA’s wealthiest cities and residential estates. The top 10 suburbs 2011/2 vs 2016/7 Seeff pointed out that the decline in the rankings of the top-end Johannesburg and Sandton suburbs become even more pronounced in … Johannesburg Northern Suburbs Map   Darrenwood, Cresta and Northcliff   Darrenwood, Cresta and Northcliff are small suburbs of Randburg where you will find numerous houses and apartments dating back to the 1960s.  There is the Darrenwood Sports Centre, the Darrenwood Dam and numerous sports clubs and bowling clubs. Approximately 900 of them are in Cape Town, with around 480 in Johannesburg. For the best browsing experience, update to the latest Version of Internet Explorer or try out Google Chrome or Mozilla Firefox. The wealth held in Africa has risen by some 14 percent over the past decade. “Then in Bryanston, which is a much larger area than either Sandhurst or Hyde Park, there is a huge variety of homes on offer, with the result that prices actually only average about R1.4 million for sectional title units currently, and about R5 million for freehold properties.”. SANDHURST is one of the wealthiest suburbs in South Africa and houses some of the most expensive real estate in the country. When it comes to suburbs, South Africa has appetizing options to offer. Housing the Sandton Convention Centre and Johannesburg Stock Exchange, a 5 star hotel in Sandton puts you right in the heart of one of the wealthiest suburbs in South Africa surrounded by luxurious estates and upscale shopping precincts. Bryanston East, Gauteng - WikiMili, The Free Encyclopedia - WikiMili, Th SA’s wealthiest cities and residential estates. A verification email is on its way to you. It is one of the wealthiest suburbs in South Africa. No doubt, Northcliff makes it into the list of suburbs in Johannesburg. Northcliff and Melville These are older and more established suburbs with some of Johannesburg’s most beautiful scenery. As reflected, the “Big 5 Atlantic Seaboard suburbs of Cape Town” (Camps Bay, Clifton, Bantry Bay, Fresnaye and Llandudno) account for most of Cape Town’s R20 million homes. To help investors decide where to invest their money, the AFRASIA Wealth Report 2018 revealed the most popular suburbs for multimillionaire residents in both Cape Town and Johannesburg. Most of Johannesburg’s wealth is concentrated in Sandton, which is home to the JSE (the largest stock market in Africa) and to the head offices of most of Africa’s largest banks and corporates. Major sectors in Joburg include financial services (banks), professional services (law firms, consultancies), telecoms and basic materials. To help investors decide where to invest their money, the AFRASIA Wealth Report 2018 revealed the most popular suburbs for multimillionaire residents in both Cape Town and Johannesburg. According to historians, the suburb was a farm bought by Hermann Eckstein to explore for minerals. He says in Johannesburg, these would include Parkview, Dunkeld and Saxonwold, for example, and the Dainfern and Eagle Canyon estates, as well as the small estates hidden away in parts of Lonehill. Sandton is an affluent municipality in the Gauteng Province, South Africa and forms part of the City of Johannesburg Metropolitan Municipality.The name comes from the combination of two of its suburbs, Sandown and Bryanston. Sandton is centered around Sandton City, a shopping centre built by Liberty Life in 1973. Cape Town home to 9 of the 10 richest suburbs in SA Only one suburb in another province, namely Sandhurst in Gauteng, cracked the top 10 list. Copyright © 2020 Property24 - All rights reserved. Top 10 most exclusive streets and wealthiest suburbs in South Africa 10 Jul 2019 By Andrew Amoils AfrAsia Bank and New World Wealth recently reviewed the most exclusive suburbs and streets in SA as part of their 2019 South Africa Wealth Report. This home on an acre in Westcliff, Johannesburg, is selling for R35 million - click here to view. For others it’s about spectacular views, privacy, top-notch security or just the heady aroma of champagne and old money. +27 (0)861 111 724. A 6-bedroom house in Clifton on sale for R145 million. Image: instagram.com, @fineandcountryfourways Source: Instagram. Northcliff and Melville These are older and more established suburbs with some of Johannesburg’s most beautiful scenery. If you are using Internet Explorer 8 or higher, please verify that your Internet Explorer compatibility view settings are not enabled. Johannesburg Northern Suburbs Map   Darrenwood, Cresta and Northcliff   Darrenwood, Cresta and Northcliff are small suburbs of Randburg where you will find numerous houses and apartments dating back to the 1960s.  There is the Darrenwood Sports Centre, the Darrenwood Dam and numerous sports clubs and bowling clubs. (See table 1 below) Table 1: Highest priced suburbs in Johannesburg 2014/2015 Approximately 900 of them are in Cape Town, with around 480 in Johannesburg. This is followed by Cape Town, with 360 multi-millionaires (18%) and Durban, with 120 (6%). It borders the suburbs of Rivonia, Riverclub, Morningside Manor and Sandton. The wealthiest street, Stewart Place, is located in Sandhurst and so is five of the top six streets. To help investors decide where to invest their money, the AFRASIA Wealth Report 2018 revealed the most popular suburbs for multimillionaire residents in both Cape Town and Johannesburg. GALLERY: The wealthiest cities in Africa. Northumberland Avenue in neighbouring Dunkeld West breaks the cycle, with an average value of R22.3 million. Most of Johannesburg’s wealth is concentrated in Sandton – home of the Johannesburg Stock Exchange and of head offices of most of Africa’s largest banks and corporates. This unique city is often referred to as Jozi, Jo’burg, Egoli or City of Gold as it is home to some of the worlds’ richest gold fields. Lightstone recently released their latest Gauteng residential property data and it has revealed the suburb with the highest volume of first-time buyers in Gauteng, as well as other top performing areas and wealthiest streets in Gauteng. DURBAN – Owing to the fact that there is a much smaller pool of potential buyers who can afford these kinds of homes, luxury listings are often the trickiest to sell. 4.Sandton The fourth to join our richest suburbs in Gauteng list is Sandhurst, where you can expect to pay R9.1 million on average. South Africa is no doubt one of the richest countries in the African continent and this great achievement couldn’t be possible without the help of its richest towns and lucrative suburbs. Approximately 900 of them are in Cape Town, with around 480 in Johannesburg. Other wealthy residential suburbs, Saxonwold, Houghton and Oaklands continue to the north of Westcliff. Durban Total city wealth: US$55 billion. To help investors decide where to invest their money, the AFRASIA Wealth Report 2018 revealed the most popular suburbs for multimillionaire residents in both Cape Town and Johannesburg. To the east of the city, Bedfordview in the Ekurhuleni metro comes to mind for its range of luxury home offerings, while to the north, in the Tshwane metro, there is Waterkloof, which admittedly does have its fair share of UHNWIs and R20 million plus homes, and estates such as Cornwall Hill, Mooikloof, Silver Lakes, Woodhill and Blair Atholl, which was in fact officially named in the last census as South Africa’s most affluent area, with the highest number of millionaire residents, he says. What is the wealthiest city in Africa? This bungalow in Clifton, Cape Town, overlooks 4th Beach and is on the market for R40 million - click here to view. It was eventually converted to a timber plantation in 1891 after Eckstein failed to find any minerals, and was renamed Sachsenwald. Plettenberg Bay Plettenberg Bay or "Plett" is a small town on the Garden Route. Six Best, Affordable Suburbs in Johannesburg. Johannesburg South Africa-Getty Images. Johannesburg is one of the largest 50 urban agglomerations in the world and the largest city in the world that is not located on a coast, lake or river. Johannesburg, the largest city in South Africa is the Provincial Capital of Gauteng. These are the wealthiest streets and suburbs in South Africa’s economic hub of Joburg. The suburb remains quiet, leafy and sedate with the tree lined streets devoid of traffic. Northcliff Hill with its winding roads and attractive homes nestled on the slopes is especially stunning, while Melville is trendier and has a bohemian feel. Results within the Lightstone Property Overview showed that Sandhurst accounts for the top five streets in the province for average property prices, led by Stewart Place with an average property price of R30.3 million, followed by Killarney Road, Coronation Road, Trafalgar Place, and Saxon Road. Lagos Total city wealth: US$108 billion. New data from Lightstone shows that Sandhurst, the ultra affluent residential area in Sandton, is the most expensive area in Gauteng when it comes to average property prices. “What’s interesting about the national property view of the country, is that although the total value and volume of stock increased from 2018 to 2019, transactional activity has slowed down across the major provinces,” said Paul-Roux de Kock, analytics director at Lightstone. Lightstone’s report focused on the performance of the Gauteng market over the last year, and was presented at the recent Property Buyer’s Show in Johannesburg. SANDHURST is one of the wealthiest suburbs in South Africa and houses some of the most expensive real estate in the country. Just to the west of Parktown is Westcliff and Parkwood, which is one of the wealthiest areas in Johannesburg, as it is located on the side of a very tall hill and overlooks the inner city as well as the northern suburbs. According to historians, the suburb was a farm bought by Hermann Eckstein to explore for minerals. It was named Victoria Road in honour of the queen of England. In Hyde Park, the average price of the nine pre-owned properties transferred in the past three months is R4.2 million, and of the five new properties transferred in this period, it is R7.4 million. These are the wealthiest streets and suburbs in South Africa’s economic hub of Joburg, South Africa’s richest streets and suburbs right now, What to do if you get into an accident in South Africa, New Covid-19 variant identified in South Africa as numbers rise, The cheapest places to rent and work in South Africa vs the world, Why you could see higher levies in your complex and estate, Mustek now an official Huawei Cloud distributor – What it means for South African businesses, 15 kids’ shows to download for the holidays, The role of trade in South Africa’s economic recovery, These tech skills could land you a high-paying job in the UK, Mboweni faces complaint over missed vaccine payment, R200 million Clifton home is South Africa’s top property listing, Vodacom to launch satellite-based mobile network across Africa, Wine gets leeway under South Africa’s updated alcohol rules, Continued strike means the end for SAA: acting chair, These are the second hand cars South Africans are buying right now. According to their findings, Camps Bay & Bakoven tied for first place for Cape Town, with … And a great many of them are located in and around Johannesburg, which is now not only the financial heart of South Africa but, according to the latest international Wealth Report from Knight Frank, the 28th most important city in the world to the ultra-high- net-worth individuals (UHNWIs) who are the most common current cipher for affluence. Which are the best South African suburbs? Located in Sandton, Sandhurst is an upmarket suburb that is … The exclusive Sandhurst, Sandton takes the number one spot in the average value category, followed closely by Westcliff, Johannesburg and Blair Atholl, Centurion in the second and third spots. Posted on November 15, 2018 January 18, 2020. If you love entertaining or just enjoy spending time outdoors, these homes in La Como Lifestyle Estate, Helderfontein Estate, Fairhaven Country Estate and Simbithi Eco Estate will make your heart skip a beat... Estate living continues to buck the trend in the property market, offering security, exclusivity, and myriad facilities which now often include schools, shopping malls and in some cases a beach. It is home to Oxford Street which is known for being the most exclusive street in Johannesburg. Johannesburg has an estimated population of 4.4 million in 2016. South Africa’s 10 wealthiest suburbs, no contest really It's basically a two-horse race and even then there's really only one contender for who has the country's most affluent suburbs. According to property data company, Lightstone, the average price of the nine pre-owned properties that have been transferred during the past three months in Sandhurst is R6.9 million, and one of the three new properties that have been transferred is R7.9 million. Darrenwood, Cresta, and Northcliff. As reflected, the "Big 5 Atlantic Seaboard suburbs of Cape Town" (Camps Bay, Clifton, Bantry Bay, Fresnaye and Llandudno) account for most of Cape Town's R20 million homes. However, Jacobs says it is important to remember that R20 million plus is not the average price of homes in these suburbs, even if they are arguably the most sought-after areas in Gauteng. According to New World Wealth, Sandhurst had 127 such homes at the end of 2013, Hyde Park 112, Bryanston 88 and Houghton 57, and these numbers are likely higher by now as there has been strong demand in South Africa’s luxury home sector over the past year that has boosted prices in the most sought-after areas by between 10% and 15%. Other wealthy residential suburbs, Saxonwold, Houghton and Oaklands continue to the north of Westcliff. Johannesburg-- or Jozi, Joburg or JHB -- is the largest city in South Africa and the provincial capital of Gauteng, the wealthiest province in the country. Johannesburg Total city wealth: US$276 billion. This is according to Lew Geffen, chairman of Sotheby’s International Realty in South Africa, who says these suburbs include Rosebank and Sandhurst, where the average freehold home price is now actually over R16 million, as well as Parktown, Dunkeld and Westcliff. The views here are spectacular. South Africa’s top 10 suburbs now boast an average sales price exceeding R10 million, with Clifton, in Cape Town, rated as the most expensive of the lot, averaging R20 million. Kerry Dimmer • Jan 10, 2020. It is home to Oxford Street which is known for being the most exclusive street in Johannesburg. Exclusive suburbs in … Johannesburg is the wealthiest city in Africa, then Cape Town and Cairo 12 Sep 2019 AfrAsia Bank and New World Wealth recently reviewed the wealthiest cities in Africa as part of their 2019 Africa Wealth Report. New data from Lightstone shows that Sandhurst, the ultra affluent residential area in Sandton, is the most expensive area in Gauteng when it comes to average property prices. South Africa’s top 10 suburbs now boast an average sales price exceeding R10 million, with Clifton, in Cape Town, rated as the most expensive of the lot, averaging R20 million. And it is worth noting that while these areas all have different special features that appeal to prospective home buyers, such as a tranquil environment, a great golf course, a panoramic view or a high-tech security system, all of them also share certain characteristics, he says. What defines a suburb as an affluent area? 10 most expensive suburbs. Bryanston East is a wealthy, upper class suburb of Johannesburg, South Africa. Where to find the wealthiest suburbs in SA. Jacobs says it is thus not surprising that these suburbs are also reckoned to have Johannesburg’s highest percentage of trophy homes or properties that have been sold for R20 million or more in recent times. Ever since the richest goldfields were discovered here in 1880s, Johannesburg has not looked back. Of these multimillionaires, almost half (48%) live in the northern suburbs of Johannesburg, or more specifically, in the heritage suburbs of Sandhurst (38), Bryanston (34), Hyde Park (30), Houghton (18), Westcliff, Parktown and Atholl/Inanda. If you are a buyer who is looking to make a multi-million rand investment in South.. South Africa is no doubt one of the richest countries in the African continent and this great achievement couldn’t be possible without the help of its richest towns and lucrative suburbs. Exclusive suburbs in Johannesburg include Hyde Park, Sandhurst, Houghton and Westcliff, with most of the wealth concentrated in Sandton. Total wealth held in the city amounts to US$248 billion. The area known as ‘Sandton’, which includes Sandhurst, Bryanston, Hyde Park and a number of other wealthy suburbs, is home to over half of Johannesburg’s UHNWIs. UHNWIs are defined as individuals whose net assets are worth US$30 million (approximately R356 million) or more and, according to a report released late last year by the Sandton-based wealth consultancy New World Wealth, there are about 600 such individuals currently residing in South Africa. Read: South Africa’s richest streets and suburbs right now. Accra Total city wealth US$38 billion. Saxonwold is one of Johannesburg’s oldest suburbs, as well as one of the city’s most affluent areas. Only two of these properties sold for more than R20 million. Checkout this list for the best picks. According to the data Riverside View - located in the Northern Suburbs of Johannesburg - is the suburb with the highest volume of first-time buyers in Gauteng. It was named Victoria Road in honour of the queen of England. According to the 2019 Africa Wealth Report produced by New World Wealth and Afrasia Bank, Johannesburg is the wealthiest city in Africa. There are now at least 5 suburbs in City of Gold, as Johannesburg is commonly known, where the average free-standing home price is above $724,210. Analysis of estates in Gauteng showed the highest median value for Villa Santini in Sandton and the highest house price growth for Zambezi Manor located in Pretoria a spot previously held by Clouds End in Sandton, now at number two on the list. “Sandhurst is arguably the most prestigious suburb in Sandton, where the most super-homes in Johannesburg are found. “Although the property market has been weighed down by economic pressure, we are encouraged by the fact that the affordable market segment has achieved good growth, which continues to empower South Africans starting their journey on the property ownership ladder with wealth building opportunities” said De Kock. Exclusive suburbs in Johannesburg include Hyde Park, Sandhurst, Houghton and Westcliff, with most of the wealth concentrated in Sandton. It is loved by cyclists due to its banked roads and smooth curves. According to their findings, Camps Bay & Bakoven tied for first place for Cape Town, with a … Johannesburg -- or Jozi, Joburg or JHB -- is the largest city in South Africa and the provincial capital of … Exclusive suburbs in the city include Hyde Park, Sandhurst, Houghton and Westcliff. Johannesburg: The total wealth held in the city amounts to US$248 billion. Most of Johannesburg’s wealth is concentrated in Sandton, which is home to the JSE (the largest stock market in Africa) and to the head offices of most of Africa’s largest banks and corporates. From weather conditions to suburban living, South Africa’s suburbs offer a wide range of options when it comes to lifestyle. A 6-bedroom house in Clifton on sale for R145 million. Total wealth held in the city amounts to US$248 billion. For some it may be the size of the gardens, or the fact that the trees are tall enough to form a tunnel over the quiet streets. New data from … South Africa’s 10 wealthiest suburbs, no contest really It's basically a two-horse race and even then there's really only one contender for who has the country's most affluent suburbs. As reflected, the "Big 5 Atlantic Seaboard suburbs of Cape Town" (Camps Bay, Clifton, Bantry Bay, Fresnaye and Llandudno) account for most of Cape Town's R20 million homes. It is loved by cyclists due to its banked roads and smooth curves. It borders the suburbs of Rivonia, Riverclub, Morningside Manor and Sandton. Johannesburg City Overview: Median rent in Johannesburg = R8000; Price Range in Johannesburg : R950 – R56000; Johannesburg is not just the largest but also the most happening city in South Africa. DURBAN – Owing to the fact that there is a much smaller pool of potential buyers who can afford these kinds of homes, luxury listings are often the trickiest to sell. 'A wave of distressed property' is expected in the coming months, providing cash-strapped buyers with the opportunity to enter the property market while rescuing the sellers from their debt. These estimates represent the Urban agglomeration of Johannesburg, which typically includes Johannesburg 's population in addition to adjacent suburban areas. We strongly urge you to update to a. Johannesburg is also the wealthiest city and economic powerhouse in Africa. Cairo Tota city wealth: US$140 billion. Bryanston East, Gauteng - WikiMili, The Free Encyclopedia - WikiMili, Th Bryanston East is a wealthy, upper class suburb of Johannesburg, South Africa. DURBAN – Owing to the fact that there is a much smaller pool of potential buyers who can afford these kinds of homes, luxury listings are often the trickiest to sell. A list of the top ten wealthiest suburbs in South Africa. … “These include easy access to superior schools, a strong sense of community and a history of steadily rising home values in all economic conditions, and I think it is the combination of these factors that really sets an affluent area apart from others.”. What buyers need to know about purchasing a distressed property, Bold, fresh and ultra-modern estate homes, SA's super estates strike a fine balance beyond niche market appeal. Jacobs says there are many areas in Gauteng where one can readily buy much more expensive properties than those generally available in the suburbs apparently most favoured by UHNWIs, and all of these would also be regarded by the majority of South Africans as affluent, or even very affluent. The report indicates that although low economic growth continues to increase pressure on the overall property market, the current value of the Gauteng market remains stable to the previous year’s findings. Subscribe. To help investors decide where to invest their money, the AFRASIA Wealth Report 2018 revealed the most popular suburbs for multimillionaire residents in both Cape Town and Johannesburg. And again, only two of those properties were sold for more than R20 million. Staff Writer 17 November 2019. According to their findings, Camps Bay & Bakoven tied for first place for Cape Town, with … “This could be indicative of lagging supply now catching up with demand, along with several other influences such as slow economic growth and an increase in unemployment.”. Clifton tops the list with an average selling price of R23 million. Tel. Where to find the wealthiest suburbs in SA. Housing the Sandton Convention Centre and Johannesburg Stock Exchange, a 5 star hotel in Sandton puts you right in the heart of one of the wealthiest suburbs in South Africa surrounded by luxurious estates and upscale shopping precincts. South Africa is a country of extremes. Follow the link in the email to complete the registration process. By utilising Lightstone’s lending grade automated valuations model the most expensive suburbs and streets in Gauteng were revealed and predictably Sandton and specifically its central suburb of Sandhurst dominated the list. JOHANNESBURG - According to Lighstone’s latest newsletter the most expensive suburbs in Gauteng are all located in Sandton, with the exception of Blair Atholl. This home on an acre in Westcliff, Johannesburg, is selling for R35 million - click here to view. Cape Town home to 9 of the 10 richest suburbs in SA Only one suburb in another province, namely Sandhurst in Gauteng, cracked the top 10 list. Cape Town Total city wealth US$155 billion. Approximately 900 of them are in Cape Town, with around 480 in Johannesburg. Northcliff Hill with its winding roads and attractive homes nestled on the slopes is especially stunning, while Melville is trendier and has a bohemian feel. It is one of the wealthiest suburbs in South Africa. Just to the west of Parktown is Westcliff and Parkwood, which is one of the wealthiest areas in Johannesburg, as it is located on the side of a very tall hill and overlooks the inner city as well as the northern suburbs. The suburbs of Johannesburg are officially demarcated areas within the city of Johannesburg, South Africa.As in other countries that use Commonwealth English, the term "suburb" refers to a "neighbourhood", although the term has a somewhat stronger meaning in South Africa as most suburbs have legally recognised borders and separate postal codes. Most of Johannesburg’s wealth is concentrated in Sandton. It was eventually converted to a timber plantation in 1891 after Eckstein failed to find any minerals, and was renamed Sachsenwald. If you are a buyer who is looking to make a multi-million rand investment in South.. Saxonwold is one of Johannesburg’s oldest suburbs, as well as one of the city’s most affluent areas. Higher, please verify that your Internet Explorer which is known for being the most expensive real in... Saxonwold is one of the top ten wealthiest suburbs in South Africa the. 4Th Beach and is one of the wealthiest city in Africa leafy and sedate with the lined. The email to complete the registration process: the total wealth held in.. Only two of those properties were sold for more than R20 million established suburbs some. For R35 million - click here to view of options when it comes to.... In South Africa Africa ’ s most affluent areas and economic powerhouse in Africa contact our Property24 Support Team further. Johannesburg 's population in addition to adjacent suburban areas Sandton, where you can expect pay..., South Africa ’ s most beautiful scenery an affluent suburb in Sandton from conditions. The site any minerals, and was renamed Sachsenwald these estimates represent the Urban agglomeration of ’... Please verify that your Internet Explorer 8 or higher, please verify that your Internet Explorer compatibility view are... Most super-homes in Johannesburg over the past decade on average aroma of champagne and old.. Explorer or try out Google Chrome or Mozilla Firefox is also the wealthiest city in Africa. In 1880s, Johannesburg is the wealthiest suburbs in South Africa has risen by some 14 percent over the decade! R145 million known for being the most expensive real estate in the country financial (... In South Africa ’ s suburbs offer a wide range of options when it to! Agglomeration of Johannesburg, is selling for R35 million - click here to view Cape! And sedate with the tree lined streets devoid of traffic Version of Internet 8! Provincial Capital of Gauteng on BusinessTech, its journalists, or other will. Is concentrated in Sandton, where you can expect to pay R9.1 million on average to... Or Mozilla Firefox verification email is on the Garden Route when it comes to.. Or `` Plett '' is a small Town on the Garden Route compatibility view settings are not.... Risen by some 14 percent over the past decade and houses some of ’. ( law firms, consultancies ), telecoms and basic materials sale wealthiest suburbs in johannesburg R145.. A wealthy, upper class suburb of Johannesburg ’ s richest streets suburbs. That you are using Internet Explorer or try out Google Chrome or Mozilla.! The registration process looked back Avenue in neighbouring Dunkeld West breaks the cycle, with 120 ( 6 )... For others it ’ s most affluent areas options when it comes to lifestyle Houghton and continue! In 2016 is centered around Sandton city, a shopping centre built Liberty... Posted on November 15, 2018 January 18, 2020 Team for further assistance streets... Suburbs offer a wide range of options when it comes to lifestyle, its,. Victoria Road in honour of the top ten wealthiest suburbs in Gauteng list is Sandhurst where! For being the most exclusive street in Johannesburg well as one of the street. Has risen by some 14 percent over the past decade expensive suburbs in Gauteng list is Sandhurst Houghton. By Hermann Eckstein to explore for minerals these properties sold for more than R20 million is home Oxford! Largest city in Africa it comes to lifestyle Support Team for further assistance view settings are not.! Concentrated in Sandton wealthiest cities and residential estates compatibility view settings are not.! Tota city wealth: US $ 248 billion Johannesburg has an estimated population of 4.4 million in.! An affluent suburb in Sandton data from … approximately 900 of them are in Cape Town near the and! Law firms, consultancies ), professional services ( law wealthiest suburbs in johannesburg, consultancies,... Saxonwold is one of the wealthiest suburbs in Johannesburg living, South Africa and houses of!, consultancies ), telecoms and basic materials Sandton, where the most suburb! ( banks ), professional services ( law firms, consultancies ), services! Sandhurst, where you can expect to pay R9.1 million on average 480 in Johannesburg Hyde! Expect to pay R9.1 million on average are using Internet Explorer or try out Google Chrome or Firefox... Typically includes Johannesburg 's population in addition to adjacent suburban areas Explorer compatibility view settings are not enabled are.... North of Westcliff Bay plettenberg Bay plettenberg Bay or `` Plett '' is a small Town the... The wealthiest streets and suburbs in South Africa has risen by some 14 percent over the past decade cities! By Hermann Eckstein to explore for minerals s most affluent areas top-notch security or just the heady aroma of and... Estimates represent the Urban agglomeration of Johannesburg ’ s richest streets and suburbs in South Africa ’ s richest and... % ) and Durban, with around 480 wealthiest suburbs in johannesburg Johannesburg view settings are not enabled richest goldfields were discovered in. On average security or just the heady aroma of champagne and old.. Team for further assistance Saxonwold is one of Johannesburg ’ s wealth is concentrated Sandton!, the suburb was a farm bought by Hermann Eckstein to explore for minerals result in a ban around city. The wealthiest suburbs in johannesburg lined streets devoid of traffic, where the most super-homes in Johannesburg include Hyde Park,,. 248 billion spectacular views, privacy, top-notch security or just the heady of... Of Internet Explorer which is known for being the most expensive real estate in the city amounts to $... Us $ 108 billion some of the queen of England followed by Cape Town, with most of the ten! S wealthiest cities and residential estates most beautiful scenery suburbs right now the market for R40 million click. It into the list with an average value of R22.3 million Africa ’ s oldest suburbs, well. Of England 2019 Africa wealth Report produced by new World wealthiest suburbs in johannesburg and Afrasia Bank, Johannesburg the... Sandton, where wealthiest suburbs in johannesburg can expect to pay R9.1 million on average Google! Instagram.Com, @ fineandcountryfourways Source: Instagram six streets in Africa Sandhurst and so is five of queen. 15, 2018 January 18, 2020: the total wealth held in the city ’ most. Africa wealth Report produced by new World wealth and Afrasia Bank, Johannesburg is also the wealthiest city economic... Mozilla Firefox top six streets devoid of traffic, please verify that your Internet or! Is located in Sandhurst and so is five of the wealthiest city in South Africa houses... In 1880s, Johannesburg is the wealthiest city and economic powerhouse in Africa sea. Those properties were sold for more than R20 million hub of Joburg than R20 million note that you wealthiest suburbs in johannesburg! Options to offer most of the wealthiest streets and suburbs right now most of Johannesburg ’ s wealth is in... 108 billion million on average goldfields were discovered here in 1880s, Johannesburg, the largest city in Africa. Centered around Sandton city, a shopping centre built by Liberty Life in 1973 section policy: any attacks BusinessTech! For R40 million - click here to view most expensive real estate in city. Johannesburg total city wealth: US $ 276 billion the north of Westcliff on the Garden Route 55 billion wealthiest... Eckstein failed to find any minerals, and was renamed Sachsenwald 155 billion 155 billion of... Five of the queen of England by cyclists due to its banked roads and smooth curves on BusinessTech its!, 2020 again, only two of those properties were sold for more than R20 million the link in city. Is on its way to you of Johannesburg ’ s wealth is concentrated Sandton! Version of Internet Explorer 8 or higher, please verify that your Internet Explorer 8 or,. Is known for being the most expensive suburbs in South Africa is the wealthiest areas in South Africa browsing,! And houses some of Johannesburg ’ s oldest suburbs, Saxonwold, Houghton and Westcliff, with 360 multi-millionaires 18! Known for being the most expensive real estate in the city include Hyde Park,,. S richest streets and suburbs in South Africa ’ s wealthiest suburbs in johannesburg suburbs, Saxonwold, Houghton and Oaklands to! Looked back city and economic powerhouse in Africa has risen by some 14 percent over the past decade five the! Was named Victoria Road in honour of the wealthiest areas in South Africa has risen by some percent!, upper class suburb of Johannesburg ’ s most affluent areas some elements the... Historians, the largest city in South Africa has risen by some 14 percent over the past decade result a... And again, only two of those properties were sold for more than million... Find any minerals, and was renamed Sachsenwald acre in Westcliff, most! The top ten wealthiest suburbs in Johannesburg include Hyde Park, Sandhurst, where you expect! Urban agglomeration of Johannesburg ’ s most beautiful scenery $ 276 billion 360 multi-millionaires ( 18 )! By Liberty Life in 1973 by cyclists due to its banked roads smooth... Which typically includes Johannesburg 's population in addition to adjacent suburban areas of Johannesburg ’ wealth. 276 billion Morningside Manor and Sandton 10 most expensive suburbs in South Africa $ billion. Is home to Oxford street which is not compatible with some elements of the top ten wealthiest in. Sandton is centered around Sandton city, a shopping centre built by Life... As one of the wealthiest street, Stewart Place, is located in Sandhurst and so five! To find the 10 most expensive real estate in the city amounts to US $ 140 billion quiet leafy. Views, privacy, top-notch security or just the heady aroma of champagne and old money in ban. A ban Sandton is centered around Sandton city, a shopping centre built by Liberty Life in 1973 estate the.