With more than half of SA's estate properties located in Gauteng, there is no shortage of desirable addresses for discerning buyers. Here are 10 of the most desirable, and expensive, estates in the province.
With a host of lifestyle features, excellent security and good capital growth, estates continue to grow in popularity. This popularity is very apparent in the country’s economic powerhouse, Gauteng, which has around half of the nation’s residential estate properties.
Lifestyle features like golf courses, walking trails, equestrian centres, gyms and tennis courts all contribute to the desirability of an estate but when you add a prestigious address to the mix demand increases and upwardly mobile investors are prepared to pay a premium.
Here are the 10 most expensive estates in Gauteng, based on the median asking price in March on the Private Property website.
Blair Atholl Estate (Median Asking Price: R15 800 000)
provides spectacular views of the African countryside due to its location between the Cradle of Humankind and the Renosterspruit Nature Conservatory.
The estate offers a serene countryside setting but is close enough to the city for an easy commute. With large plots, an enviable list of amenities and easy access to Lanseria Airport, the estate is popular with affluent buyers seeking a secure, upmarket lifestyle.Amenities include an equestrian centre for horse lovers as well as the Gary Player designed golf course.
There are also good schools such as Montessori School, Curro School Monaghan, HeronBridge College and Dainfern College nearby.
Property prices on the estate range from R1.5m for a vacant plot, to R34m for a 4 bed house.
This 8 bedroom home in Blair Atholl Estate is on the market for R26m
Helderontein Estate (Median Asking Price: R7 995 000)
With a convenient location, modern amenities and an outdoor lifestyle, the suburb of Fourways is popular across a range of buyers, from working singles to young families, established professionals and retirees.
Estates in the suburb are in huge demand and Helderfontein Estate is no exception. The scenic estate offers a wide selection of large residential stands and homes in a secure environment. The estate is an outdoor-lover’s delight with large parklands and greenbelts rich with indigenous plant life, criss-crossed by walking and biking trails.
Property prices on the estate range from R1.9m for a vacant plot, to R16m for a 5 bed house.
R16m will buy you this 5 bedroom mansion in Helderfontein Estate
Dainfern Golf Estate (Median Asking Price: R7 750 000)
The second estate on our list in the suburb of Fourways, Dainfern Golf Estate is home to well-known celebrities, artists, entrepreneurs, business owners and expatriates. The estate offers luxurious homes, an idyllic location along the Jukskei River and a host of amenities for residents to avail themselves of.
The estate is well-suited to sporty types, with activities like golf (on a Gary Player designed course), swimming, tennis, volleyball and numerous nature trails available. There is also a beautiful Clubhouse with modern facilities including a restaurant, Members’ Lounge, Halfway House and conference facilities. The proximity of excellent schools is a major drawcard for families with children.
Property prices on the estate range from R1.2m for a 2 bed apartment, to R30m for a 6 bed house.
Southdowns Estate (Median Asking Price: R7 442 500)
Located in Centurion East, Southdowns Estate offers a farm-inspired lifestyle, with country-style homes set in wide open spaces. Much of the estate has been left undeveloped to preserve the local flora and fauna, and around 50 hectares still used by Irene Dairy Farm. Residents can take advantage of the wide-open spaces to walk, hike, cycle or just relax. In addition to top notch security, the estate also boasts fibre-internet and its own private school.
Property prices on the estate range from R1.8m for a vacant plot, to R14.4m for a 4 bed house.
Waterfall Estate (Median Asking Price: R7 300 000)
Waterfall Estate is conveniently situated mid-way between Johannesburg and Pretoria. Waterfall estate offers an appealing outdoor lifestyle, with 17kms of hiking trails and mountain bike tracks winding through the acres of indigenous countryside. Residents have very little reason to leave to estate with top schools, a Netcare hospital, clubhouse, gym and shopping centres all found within the grounds.
Property prices on the estate range from R870 000 for a 3 bed house, to R65m for a 6 bed house.
Meyersdal Nature Estate (Median Asking Price: R6 990 000)
Meyersdal is an upmarket area in the South of Johannesburg that borders Glenvista, Bassonia, Oakdene and Alberton. Meyersdal Estate’s philosophy of man living in harmony with nature is achieved through the careful design of houses, sensitive landscaping, energy efficiency and general conservation principals. Large portions of the estate have been left unspoilt to protect the local plants and wildlife, which lends itself to residents feeling close to nature, whether walking, mountain biking or kicking back and relaxing in one of the dedicated leisure areas.
Property prices on the estate range from R1.3m for a 2 bed flat, to R39m for a 6 bed house.
Mooikloof Equestrian Estate (Median Asking Price: R6 900 000)
Mooikloof is an upmarket suburb on the outskirts of Pretoria that offers a tranquil, farm-like atmosphere away from the hustle and bustle of the city. Mooikloof Equestrian Estate is one of the premier lifestyle estates in the area and is offers a wide selection of activities to its residents. The estate is a horse-lover’s dream, with its centrally located stables, arenas and outrides through the sprawling grounds.
Property prices on the estate range from R589 000 for a vacant plot, to R26m for a 5 bed house.
This amazing home in Mooikloof Equestrian Estate is available for R19m
Serengeti Golf and Wildlife Estate (Median Asking Price: R5 999 000)
Serengeti Estate is located on the East Rand, just 15km from OR Tambo International Airport. Set among some 300 hectares of a conservation area and home to Jack Nicklaus signature golf course, the estate is ideal for those who want to enjoy the finer things of life in a laid-back atmosphere. The estate offers a full range of facilities, from a state-of-the-art gym, to a Pro Shop and 180-seater restaurant.
Property prices on the estate range from R950 000 for a vacant plot, to R19m for a 5 bed house.
Eagle Canyon Golf Estate (Median Asking Price: R5 500 000)
Eagle Canyon Golf Estate has established itself as one of the premier residential estates in north-west Johannesburg. Most of the homes are clustered around the edges of the estate with the centre dedicated to unspoilt greenbelt, the golf course and dams. Residents have easy access to a range of excellent private and government schools, shopping centres and key highways.
Property prices on the estate range from R1.4m for a 2 bed apartment, to R25m for a 4 bed house.
This magnificent 6 bedroom abode in Eagle Canyon Estate is listed for R15.9m
Eye of Africa Signature Golf Estate (Median Asking Price: R5 200 000)
With its location amongst the rolling hills in the south of Johannesburg, Eye of Africa Signature Golf Estate offers residents a rustic, country lifestyle even though the CBD is just 17 km away. The estate was designed with ecological considerations in mind – large open spaces have deliberately been untouched so that plants, birds and small mammals can thrive. The estate was designed to create a community field with manicured parks featuring children’s play areas with water fountains and pools, picnic areas and plenty of seating, hiking and biking trails, bringing families and friends together. A Greg Norman designed golf-course, driving range, clubhouse, restaurant and gym are also available for the use of residents.
Property prices on the estate range from R800 000 for a vacant plot, to R17m for a 6 bed house.
Background
This report is compiled using search activity and median asking prices of residential properties listings on Private Property’s website in March 2018. To maintain consistency over time and assist comparison between areas, data is only presented for areas with 50 or more listed properties and grouped by the following common attributes of residential properties in South Africa:• type (houses, townhouses or flats)
Some effort is also made to exclude outliers from the analysis. A feature of Private Property’s Report is that it provides insights based on current asking prices rather than the eventual sale prices of property transactions. This is an important distinction, as the two measures provide slightly different insights into the property market.
Private Property’s median asking price data provides a view of all properties being offered for sale on its website. This has the advantage of including insight into many more properties than are eventually sold in each quarter. Although asking prices are usually slightly higher than sale prices, they have an advantage of being available to analyse well in advance of the eventual transactions. Care must be taken when interpreting prices of listings on Private Property’s website, as it differs from some analysis of sale prices that track individual properties as they are offered for resale over time.
FAQs
What is the most expensive estate in Gauteng? ›
- Meyersdal Eco Estate in Alberton.
- Serengeti Golf and Wildlife Estate in Kempton Park.
- Eagle Canyon Golf Estate in Roodepoort.
- Mooikloof Equestrian Estate in Pretoria.
- Blair Atholl Golf Estate in Centurion.
- Blair Atholl Golf and Equestrian Estate. ...
- Kyalami Estate. ...
- Silver Lakes Golf Estate. ...
- Ebotse Golf & Country Estate. ...
- Serengeti Golf and Wildlife Estate.
- Leopard Creek.
- Pezula Private Estate.
- Silverhurst Estate.
- Steenberg.
- Waterfall Equestrian Estate.
Centurion Golf Estate - Centurion
Centurion Golf Estate is one of the top security estates in the country; systems are continuously evaluated and upgraded to ensure complete safety for the community living in 860 homes on this 160-hectare estate.
7 billion+). Most of Johannesburg's HNWI wealth is concentrated in the suburbs of Sandhurst, Hyde Park and Westcliff. Cape Town ranks second on the list with total private wealth amounting to $131 billion. The city is home to 6,900 HNWIs, 25 centi-millionaires and one billionaire.
Where did the wealthy people settle in Johannesburg? ›More affluent whites live in the north, in leafy, established communities such as Houghton and Parktown, once the residence of South Africa's mining magnates, or in any of a dozen newer suburbs. Northern suburban homes typically include large, flowering gardens and swimming pools. Most are surrounded by high fences.
Which is the safest estate in South Africa? ›Val de Vie Estate, South Africa's most secure luxury lifestyle estate, offers peace of mind to residents that get to call it home.
What is the most expensive estate in Africa? ›Johann Rupert's property in L'Ormarins Estate, South Africa, is one of the most expensive houses in the country. Rupert is the richest man in South Africa, with a net worth of $11 billion.
Where do rich people live in Pretoria? ›
Waterkloof is a suburb in the east of Pretoria, Gauteng. A few years ago, Seeff reported that Waterkloof had overtaken luxurious suburbs like Sandton as the most wealthy suburb in the Gauteng province.
Where do rich people live SA? ›With a total value of $130 billion, Cape Town is the second wealthiest city in South Africa. Real estate and investment management are two of the city's most thriving sectors. Clifton, Llandudno, and Bantry Bay are the wealthiest suburbs in the country, according to the study.
Where is the best place to live in Gauteng? ›- Sunninghill, Lonehill and Fourways. ...
- Sandton and Bryanston. ...
- Randburg. ...
- Northcliff and Melville. ...
- Linden, Parkhurst and Greenside. ...
- Rosebank and Parktown. ...
- Bedfordview. ...
- Maboneng, Newtown and Braamfontein.
...
This is how much the average house costs in South Africa.
| # | Average House Price | Price |
|---|---|---|
| 1 | Major Metro Areas | R1 213 493 |
| 2 | Upper Income Area | R2 641 917 |
| 3 | Middle Income Area | R1 396 396 |
| 4 | Lower Income Area | R868,887 |
Gauteng is a City Region
The most important economic sectors are financial and business services, logistics and communications, and mining. As the financial capital of Africa, more than 70 foreign banks have their head offices in the province.
“The surrounding suburbs of Hyde Park, Illovo, Morningside, Riverclub and Bryanston—to name a few—are all considered high-net-worth suburbs in the area.” Mr. Smith also highlighted Sandhurst, Hyde Park, Morningside and Bryanston as being particularly in demand with buyers looking for exclusive luxury homes.
What is the safest suburb in Gauteng? ›- Amanzimtoti. Unwind by the sweet water. ...
- Atlantic Seaboard. Beautiful views, beautiful people. ...
- Ballito. Small coastal town with a big personality. ...
- Bedfordview. A safe haven. ...
- Bloemfontein. Country life in the city. ...
- Brackenfell. One big family. ...
- Centurion East. ...
- Centurion West.
Johannesburg, the commercial capital of South Africa, is home to far more dollar millionaires than any other city in Africa, research has found.
Where do most Billionaires live in South Africa? ›Johannesburg – the home of Africa's dollar millionaires.
Where do rich people live in Nigeria? ›Lagos is one of Africa's wealthiest cities with an expanding demographics of Nigeria's wealthy elites. If it were a country, it will, nonetheless, thrive among the most successful African economies.
Who is the richest person in Johannesburg? ›
Given the current rankings, Johann Rupert firmly maintains his position as South Africa's richest man, with the Bloomberg Billionaire Index also placing his net worth of an estimated $10.8 billion ($11.7 billion in January), which is still well above Nicky Oppenheimer's $8.5 billion fortune ($8.0 billion in January).
Where do celebrities live in Johannesburg? ›Known to be in the mining industry, the peaceful Krugersdorp, which is situated west of Johannesburg, is home to local celebrities like DJ Tira. The famous holiday spot was rumoured to be the home of Zodwa Wabantu, although the rumour turned out to be false, there's still a chance you'll see a famous person.
Where do millionaires live in Africa? ›The top five cities where most dollar millionaires live are Johannesburg, Cairo, Cape Town, Lagos, and Nairobi at 16,000, 8,200, 6,900, 5,500 and 5,400 respectively.
How many millionaires are there in Gauteng? ›Johannesburg has about 800 multi-millionaires (individuals with investable assets of $10 million or more).
Which village is the richest in Africa? ›Johannesburg
Founded in the Witwatersrand Gold Rush of 1886, this is the wealthiest city in Africa. Most of Johannesburg's wealth is concentrated in Sandton, home to the JSE (the largest stock market in Africa) and the head offices of most of Africa's largest banks and corporates.
Prehistoric Era
The region surrounding Johannesburg was originally inhabited by hunter-gatherers who used stone tools. The Magaliesberg valley north of Johannesburg was ideal for farming, and farmers settled there by the 6th century.
Highland Gate:
Highland Gate is located in the Steenkampsberg mountain range near Dullstroom. The estate is very unique as it is located right inside the mountains, making it one of the most picturesque estates in the country.
South African inheritance tax
The first R3. 5 million of the value of an estate is not subject to Estate Duty in South Africa. Beyond that, the tax rates are the following: R30,000,000 – 20%
The average age for home buyers ranges from 34 to 37. Investing early gives you access to a valuable asset that you can borrow against or use to generate rental income. First-time home buyers can benefit from home loan deals such as the 100% home loan, and subsidies such as FLISP.
Which city in Africa has the most expensive real estate? ›Kindly share this story: A leading expert and Director of Turner & Townsend, Austria, Bruce Haswell, says Lagos State has become the most expensive place to build in Africa.
Where is the most expensive land area in Africa? ›
According to him, Lagos is the most expensive place to build in Africa at $2,056 per m2, comparing to Kampala for less than half of this per square meter.
What are the 10 most expensive cities in the Africa? ›- Accra, Ghana: Has a cost of living index score of 38.74.
- Lagos, Nigeria: Has a cost of living index score of 37.33.
- Tangier, Morocco: Has a cost of living index score of 36.85.
- Casablanca, Morocco: Has a cost of living index score of 36.59.
- Kampala, Uganda: Has a cost of living index score of 35.98.
Popular estates include Boardwalk Manor, Boardwalk Meander, The Wilds Security Estate, Woodhill Residential Estate and Country Club and Woodlands Lifestyle Estates.
Is Pretoria richer than Johannesburg? ›...
These are the 10 richest cities and areas in South Africa.
Zulu: It's one of Africa's most well-known and wealthiest tribes, with a worldwide following. They speak isiZulu and are mostly located in South Africa, although they are also found in Zambia, Zimbabwe, and other African nations.
Which part of Africa is wealthy? ›Wealthiest countries in Africa 2021. South Africa concentrated the largest amount of private wealth in Africa as of 2021, some 651 billion U.S. dollars. Egypt, Nigeria, Morocco, and Kenya followed, establishing the five wealthier markets in the continent.
Why are millionaires leaving South Africa? ›Safety concerns, rolling blackouts, corruption, and economic stagnation are just some of the motives behind high-net-worth individuals (HNWIs) choosing to leave for overseas. Data from New World Wealth and Henley & Partners shows approximately 4 500 HNWIs have left South Africa over the past decade.
What is the safest city to live in South Africa? ›1. Cape Town. Cape Town is a coastal city located in the Western Cape at the southwest point of South Africa.
Where is the best place to retire in South Africa? ›Johannesburg - South Africa has been named as one of the best places in the world to retire, due to its relatively low cost of living, high quality of life, range of things to do and its temperate climate.
What type of people live in Gauteng? ›Gauteng: isiZulu 19.8%, English 13.3%, Afrikaans 12.4%, Sesotho 11.6% KwaZulu-Natal: isiZulu 77.8%, English 13.2% Limpopo: Sesotho 52.9%, Xitsonga 17%, Tshivenda 16.7% Mpumalanga: siSwati 27.7%, isiZulu 24.1%, Xitsonga 10.4%, isiNdebele 10.1%
Why do people want to live in Gauteng? ›
Whether you're a shopaholic, an animal lover or an adventure enthusiast, there is always something to do in Gauteng. As the economic hub of South Africa, Gauteng is a bustling metropolis where opportunities abound and anything is possible.
Can Americans buy real estate in South Africa? ›Foreigners (whether they be natural persons or legal entities normally domiciled or registered outside the country) can buy property in South Africa. Foreign buyers or non-residents must comply with local legislation in that regard.
How much will it cost to build a 4 bedroom house in South Africa? ›Building a house in South Africa can be very exhausting and expensive, though this will give you a chance to live in your dream house and save up on costs in the future. The cost of Building a 4 & 5 bedroom in South Africa ranges from R3 million to R5 million, though the prices vary from city to city.
Is it cheaper to build a house or buy a house in South Africa? ›On average, the cost of buying a home is 20-30% cheaper than building one. Established properties are usually close to amenities such as schools, shopping areas, restaurants, major highways, and public transport.
Which is the most expensive estate in Pretoria? ›The most expensive property listed with Seeff here at the moment is R6 950 million. Southdowns Estate: The average price here based on the most recent freehold sales is just over R6. 5 million.
Where do the rich live in Pretoria? ›Waterkloof is a suburb in the east of Pretoria, Gauteng. A few years ago, Seeff reported that Waterkloof had overtaken luxurious suburbs like Sandton as the most wealthy suburb in the Gauteng province.
What is the best area to live in Pretoria? ›Suburbs that are widely recommended by Pretoria residents for families and professionals are Groenkloof, Waterkloof, Lynnwood, Colbyn, and Waverley. Brooklyn is an extremely popular area among the younger set and boasts some fantastic restaurants and nightlife.
What is the most beautiful estate? ›- Antilia, India. ...
- Witanhurst Place, London, United Kingdom. ...
- Sky Garden House, Singapore. ...
- Villa La Leopolda, French. ...
- Dupli Casa, Ludwigsburg, Germany. ...
- The Chartwell House, Los Angeles, CA. ...
- Casa M in Merano, in the Italian Alps. ...
- Versailles, Florida U.S.A.
The Ruperts live in a huge home in Cape Town, South Africa. As per Briefly News, it has been reported that their mansion is worth over US$2.1 million (two million euros). Additionally, the Ruperts own swathes of South African farmlands, most notably L'Ormarins Wine Estate, which includes Drakenstein Stud Farm.
Which is the most secure estate in South Africa? ›Val de Vie Estate, South Africa's most secure luxury lifestyle estate, offers peace of mind to residents that get to call it home.
What are the top 10 expensive houses? ›
- Villa Leopolda, France. ...
- Witanhurst, London. ...
- Villa Les Cèdres, French Riviera. ...
- Fairfield Mansion, New York. ...
- Kensington Palace (9a), London. ...
- Ellison Estate, California. ...
- Palazzo Di Amore, California. ...
- Xanadu 2.0 Washington DC.
You would need around 38,712.72R in Pretoria to maintain the same standard of life that you can have with 44,000.00R in Cape Town (assuming you rent in both cities). This calculation uses our Cost of Living Plus Rent Index to compare cost of living. This assumes net earnings (after income tax).
Which is the best suburb in South Africa? ›...
These are the richest suburbs in South Africa.
| Suburb | Average price | % increase over the last 10 years |
|---|---|---|
| Waterfront | R12 million | +71% |