- Johannesburg caters to a wide variety of lifestyles and budgets, making it one of the best places to buy property in South Africa.
- Sandton, Parkhurst and Rosebank are more expensive, but offer proximity to business hubs and a wealth of recreation and nightlife.
- On the other side of the scale, Midrand and Mabongeng Precinct are up-and-coming suburbs with affordable prices.
Johannesburg’s business hubs, recreational centres and restaurants ensure it remains one of the best places to buy property in South Africa. A wide range of lifestyles are catered to, whether it be that of a young professional or family living.
Best areas to invest in Johannesburg
With new developments popping up all the time in Johannesburg, it helps to know which areas you should be looking at for investment opportunities. Here, we list our top 10 suburbs in Johannesburg.
Johannesburg’s business hub is the place to be for young professionals. Housing is more expensive here but if you’re willing to pay the higher prices, you get proximity to restaurants, shopping centres, nightlife and commercial centres.
Average property sale price R1 750 000
Attractions Nelson Mandela Square, Montecasino, Sandton City Shopping Centre, Croc City Crocodile and Reptile Park, Monte Casino Bird Park
Close enough to Sandton to grant easy access to the business hub, but with tree-lined streets that make it ideal for peaceful living. The leafy suburb also hosts some of the city’s best hospitals.
Average property sale price R2 160 000
Attractions The Bryanston Organic and Natural Market, Bryanston Shopping Centre, Bryanston Country Club
Another suburb that offers proximity to Sandton while still possessing its own unique character. Linden is rich in history and offers a strong selection of family homes. It’s also a burgeoning nightlife hub with restaurants and pubs springing up on a regular basis.
Average property sale price R2 068 000
Attractions Johannesburg Botanical Garden, Emmarentia Dam
Another nightlife spot that also offers beautiful scenery. One of the best family suburbs in Johannesburg thanks to an abundance of family homes in leafy districts.
Average property sale price R3 075 000
Attractions Verity Park, Apartheid Museum, Delta Park
The location of Johannesburg’s zoo, as well as a number of highly rated schools. This makes Rosebank ideal for family living. Homes are spacious and located on large properties.
Average property sale price R2 400 000
Attractions Johannesburg Zoo, Rosebank Sunday Market, Irma Stern Museum, Amani Spa
Tree-lined streets and a wealth of recreational activities make Ferndale a great suburb to live or rent in.
Average property sale price R1 780 000
Attractions Brightwater Commons Shopping Centre, Waterfall Market, Adventure Golf, Golden Harvest Park
An upmarket region with access to a wide array of schools, healthcare facilities, shopping and entertainment. There are many secure estates with homes that range in size and type.
Average property sale price R1 200 000
Attractions Walter Sisulu National Botanical Garden, Gold Reef City, Sunninghill Gardens Park,
Rietfontein Nature Reserve
Quiet neighbourhoods and spacious properties while still offering easy access to the business hub in Sandton. It’s also close to OR Tambo International Airport, so ideal for workers who have families but also need to travel often. This makes it one of the best property investment areas in Gauteng, let alone Johannesburg.
Average property sale price R1 700 000
Attractions Bedford Centre, Gilooly’s Farm
Offering a balance of affordable prices and proximity to business districts, Midrand is a growing area that suits a diverse range of lifestyles and budgets. Recreational centres and restaurants are becoming more prevalent.
Average property sale price R830 000
Attractions Fourways Farmers Market, Birch Acres Mall, Kyalami Grand Prix Circuit, Beaulieu Bird Sanctuary
Places close to the Johannesburg City Centre were once considered a no-go, but Maboneng Precinct is an example of a district that has seen significant urban rejuvenation. It is replete with affordable properties that are safe and offer a high quality of life, along with proximity to entertainment and nightlife.
Average property sale price R400 000
Attractions Joburg Mall, Arts on Main
Know what you can afford
If you’re looking to take advantage of investment opportunities in Johannesburg, it helps to know what you can afford. Getting prequalified with ooba Home Loans will provide you with a solid idea of what you can afford and improve your chances of home loan approval. Find out more by getting prequalified with ooba Home Loans.
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