Sun Feb 05 02:37:17 SAST 2012
Sun Feb 05 02:37:17 SAST 2012

Most expensive places to live

Sep 2, 2010 | Sapa | 4 comments

Here are South Africa's 10 most valuable residential areas - and the Cape wins hands-down with 7 versus only two in Johannesburg and one in KwaZulu-Natal

Cape Town V&A waterfront

Clifton on Cape Town's seafront claimed the number one spot in the 2010 list of South Africa's most valuable residential areas, according to a Lightstone properties report.

The average house price there is almost R12 million.

Steenberg Golf Estate in the winelands area of Constantia was ranked the second highest-priced suburb in the country, at an average house price of R11m.

Llandudno in Cape Town came in third with an average house price of R8m.

Trendy, cosmopolitan Camps Bay was ranked 10th, with house prices at an average of R6.6m, Lightstone said.

Zimbali Coastal Resort in KwaZulu-Natal was the seventh most valuable residential area in South Africa with average house prices at just over R8m.

Bishopscourt and Constantia in Cape Town were ranked 6th and 8th respectively, while the V&A Waterfront residential marina in the heart of Cape Town's working harbour precinct and inner city shopping destination was ranked 5th.

Johannesburg featured just two suburbs in the top 10.

The "old-money enclave" of Westcliff ranked fourth at an average selling price of R8.54m.

Upscale Sandhurst, in Sandton, "home to many of South Africa's captains of industry", came in at ninth with an average house price of just over R7m.

"What is clear is that the wealthiest buyers want it all: security, scenic beauty, ocean views, mountain ranges, winelands, championship golf courses and proximity to an urban centre."

 

Comments

Sun Feb 05 02:37:18 SAST 2012 ::
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Sep 2, 2010

Wow, expensive indeed.
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Sep 2, 2010

Jackass

Kuku a rata dilo too much,wena o dula kae Hillbrow?
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Sep 2, 2010

Hillbrow.....Ha..ha..ha...ha.....lol...lol...lol
O kare ke ya bona....lol..lol...lol
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Sep 2, 2010

Mstick

tli tli tli tli @ Hillbrow
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