| South Africa has seen phenomenal growth
| |
| | sleepy backwater of Kommetjie,
|
| in property prices with a property boom
| |
| | traditionally a fishing village along a
|
| that sky-rocketed out of control over the
| |
| | wild stretch of coast, was a surprise
|
| past 5 years. Now that the dust has
| |
| | new-comer to the 'most expensive
|
| settled and prices have stabilized, many
| |
| | properties in the Cape' roll-call.
|
| of us are curious as to where the rich
| |
| | The Northern suburbs have been seen as
|
| and famous have bought and are still
| |
| | less expensive but they are rapidly
|
| looking to buy. Which are the elite
| |
| | catching up, for example the area known
|
| suburbs in SA where millionaires are
| |
| | as Tygerberg Hills, where exclusive
|
| neighbours to tycoons and you can bump
| |
| | properties fetch as much as R6 million.
|
| into celebrities at the local deli or
| |
| | Moving to the North of South Africa to
|
| wine bar?
| |
| | the second-most expensive city for
|
| While Johannesburg, the City of Gold or
| |
| | property, Jo'burg now boasts 10 suburbs
|
| Egoli as it is known, has always
| |
| | where the average house sells for more
|
| attracted those wishing to earn the
| |
| | than R4 million.
|
| highest salaries, Cape Town has long been
| |
| | Sandhurst has the top spot on the list,
|
| the city which boasts the most exclusive
| |
| | followed by Chiselhurston, Dunkeld West,
|
| properties with the highest price tags.
| |
| | Bryanston and Sandown. Hyde Park,
|
| The natural beauty of mountains and coast
| |
| | Westcliff, Wierda Valley and Illovo
|
| has been a major draw-card, attracting
| |
| | complete the multimillion-rand
|
| celebrities from all over the world
| |
| | neighbourhood round-up.
|
| especially when the exchange rate has
| |
| | Randjespark Extension in Midrand is the
|
| made even the most expensive real estate
| |
| | only area outside of Joburg's northern
|
| here more affordable.
| |
| | suburbs to feature.
|
| The Atlantic Seaboard, from Green Point
| |
| | A report by a leading real estate agency
|
| to Camp's Bay, is the trendiest of Cape
| |
| | found that these 10 suburbs recorded
|
| Town's seaside real estate. Along this
| |
| | sales of over R4 million per house in a
|
| stretch, Clifton and neighbouring Bantry
| |
| | recent 12-month period, with average
|
| Bay are Cape Town's most expensive
| |
| | prices in Sandhurst fetching an
|
| suburbs. Llandudno and Hout Bay, further
| |
| | impressive R10 million.
|
| along the coast towards Chapman's Peak
| |
| | In Kwa-Zulu Natal, the seaside city of
|
| are also extremely luxurious and
| |
| | Durban with its golden sands and warm
|
| expensive.
| |
| | inviting waves is another popular coastal
|
| Close to the city centre, the world
| |
| | city. Generally far more affordable than
|
| famous Victoria & Alfred Waterfront is
| |
| | Cape Town, it has its own elite and
|
| South Africa's most expensive residential
| |
| | expensive suburbs. Ballito Bay and
|
| resort situated at one of the most
| |
| | Gillits are just two examples.
|
| popular tourist attractions in the land.
| |
| | Inland in KZN, Ferncliffe in
|
| Over 80 immaculate properties can be
| |
| | Pietermaritzburg is a relatively new
|
| found here, valued between R2, 5 million
| |
| | suburb which offers exclusive executive
|
| and R11 million.
| |
| | properties - some of the city's finest
|
| Other luxury suburbs where property
| |
| | and most expensive real estate.
|
| carries a hefty price-tag include
| |
| | Looking at some of the other regions in
|
| Constantia, with its rural charm and
| |
| | SA we find that Walmer in the Eastern
|
| Bishop's Court, a traditionally upmarket
| |
| | Cape city of Port Elizabeth has the
|
| area under Table Mountain. Further south
| |
| | highest average price for that region,
|
| towards Cape Point you can find
| |
| | while in the inland city of Bloemfontein
|
| properties fetching well over R3 million,
| |
| | the suburb of Dan Pienaar has properties
|
| from Noordhoek to Simon's Town. The once
| |
| | asking top dollar for that area.
|
