Checkout these popular and pricey suburbs in Sandton and Bryanston
JOHANNESBURG - Private Property has analysed the data for the Sandton and Bryanston (North) areas on their website to find out which were the most popular suburbs and what each property costs.
The analysis was based on data from their website and the popularity is based on the number of views per property in the suburbs. Sandton is known as the financial and commercial engine of Gauteng and the national economy.
The area has a multitude of businesses and banks that have their headquarters there and it offers a lot of job opportunities. Besides job opportunities, the attractive urban lifestyle with world-class restaurants, drinks venues, Sandton City's high-end shopping mall, entertainment and five-star hotels make the area very attractive.
Below is a list of properties, a description of the properties and prices.
Magaliessig (Median price R1 920 000 )
The Magaliessig Action Forum has put in some excellent security initiatives which have made the suburb attractive to people who are concerned about safety. The suburb also has superb transport links and nearby to schools and shops.
Asking price by property type:
House: R3 199 000
Flat: R999 000
Complex: R2 099 000
River Club (Median price R3 900 000)
There has been a steady increase in residential development in River Club which has made it attractive to professionals and young families. It is an easily commutable distance to Sandton and Bryanston, the tree-lined streets offer an appealing contrast to the hustle and bustle of those commercial centres.
Asking price by property type:
House: R4 499 500
Flat: R1 699 000
Complex: R2 990 000
Parkmore (Median Price R3 699 000)
Parkmore is a peaceful suburb that is popular with families due to its convenient location and suburban lifestyle. It has a real park life with a beautiful spirit and open areas, along with a strip of restaurants and bars.
Asking price by property type:
House: R3 724 500
Flat: R1 420 000
Complex: R2 175 000
Gallo Manor (Median Price R2 900 000)
According to a recent report by Le Geffen Sotheby's International Realty, Gallo Manor had the biggest price growth of all the suburbs last year. In 2016, 38 sales achieved an average sale price of R2,75 million, 24% more than R2,21 million realised by 34 transactions.
Most of the area is boomed off for security and suburb has a tranquil lifestyle with tree-lined streets and large gardens.
Asking price by property type:
House: R2 999 999
Flat: R1 550 000
Complex: R2 495 000
Woodmead (Median Price R3 300 000)
A number of residents who move to Woodmead tend to live in the area for long periods, largely due to the fact that area's infrastructure and close to the major nodes greatly aids daily work commutes.
Although a large part of Woodmead is commercial in nature, the residential property market is still attractive due to the Johannesburg Country Club, the presence of good schools and nearby retail and restaurant options.
Asking price by property type:
House: R4 200 000
Flat: R1 449 000
Complex: R3 100 000
Bryanston (Median Price R3 990 000)
Bryanston has continued to be popular as a leafy family-friendly suburb. Residents love the strong sense of community in the area, the convenient location is close to major roads and excellent schools like Bryanston High School. The Bryanston Country Club offers a golf course, bowling greens squash and tennis courts and swimming pool for active residents.
Asking price by property type:
House: R5 950 00
Flat: R1 650 000
Complex: R 3 395 000
Buccleuch (Median Price R1 400 000)
Buccleuch is one of the most affordable suburbs in the Sandton and Bryanston (North) area. The area has a huge selection of property available, from sectional title developments on the western side to freehold properties on the eastern side The area is well-positioned to get anywhere in eastern Johannesburg and Pretoria.
Asking price by property type:
House: R2 325 000
Flat: R695 000
Complex: R1 292 500
Hurlingham Manor (Median Price R3 500 000)
Most of the property in this area is new and buyers for these smaller and more manageable units. The area has a lot to offer to residents, with professionals specifically drawn to the area because of its proximity to the Sandton CBD, private schools, shopping centres, and medical centres.
Asking price by property type:
House: R3 500 000
Flat: R2 350 000
Sandhurst (Median Price R15 900 000)
This suburb is the location of some of the most exclusive and expensive property in South Africa. A palatial home in the Sandhurst is currently on the market for R150 million. Wealthy buyers are attracted to the large homes, security and excellent location.
Asking price by property type:
House: R25 250 000
Flat: R2 774 500
Complex: R13 000 000
Rivonia (Median Price R1 780 000)
The quiet, leafy lanes and upmarket property have the accessible Rivonia suburb popular with a variety of buyers. The area offers a range of property from freehold properties to cluster developments. The area is accessible and has a number of amenities that are nearby.
Asking price by property type:
House: R4 125 000
Flat: R1 400 000
Complex: R3 250 000
08 Oct 2018
Author Lew Geffen Sotheby's International Realty