The 10 most expensive areas in South Africa

Private Property South Africa
Tahir Desai

Exclusivity, location and lifestyle make these 10 areas the most expensive in South Africa per square metre.

10. Ballito- R14,748m²

Ballito, on KZN’s North Coast has shown tremendous growth in the past decade. New upmarket lifestyle estates have sprung up in the area, adding to the houses and flats in the main residential and beachfront areas. The area has experienced a population boom as more South Africans choose to make the coastal town their home and commute to work, often in Gauteng.

9. Peninsula (False Bay) -R15,200m²

Areas like Noorhoek, Kalk Bay and Simons Town on the Southern Peninsula boasts beautiful property, from family homes to seaside apartments. It’s close proximity to Cape Town’s CBD, coastal lifestyle and plentiful amenities make it an attractive proposition for buyers.

altTextFalse Bay offers an attractive lifestyle

8. Umdloti to Westbrook -R16,742m²

The little village of Umdloti and the area around it is loved by its residents with around a third of them choosing to remain in the area for upward of 10 years. This scenic coastal area offers commuters a fantastic work/life balance, with Umhlanga and Durban minutes away. The area is home to many luxurious ocean facing property and scarcity of stock ensures that prices remain high.

7. Sandton and Bryanston North -R16,923m²

Sandton remains the premier area for property in Gauteng. This sophisticated area offers world class restaurants and drinks venues, entertainment, high end shopping and also a surprising amount on green space. With major companies headquartered in the area it is a magnet for young professionals and captains of industry that want to avoid a tiring commute into work.

altTextThe live, work, play lifestyle in Sandton makes it a property hotspot

6. Stellenbosch -R19,111m²

The booming property market in this area is driven by demand from local and international buyers. It’s beautiful tree-lined trees, magnificent setting in the heart of the Cape Winelands and world famous university all make this an attractive proposition for buyers. Many of the buyers are drawn to the upmarket estates like De Zalze Golf Estate, where prices start at around R10 million.

5. Milnerton -R19,417m²

Centrally located Milnerton is close to glorious beaches, has convenient transport links, natural beauty and plenty to do. The area enjoys a good selection of property; from older freestanding homes to modern apartments and duplexes.

4. Umhlanga -R20,673m²

The most expensive area in Kwazulu Natal is Umhlanga, north of Durban. Umhlanga is perhaps the ultimate live, work and play area. With the beach, shopping malls, a vibrant nightlife and career opportunities at one of the many companies that have relocated here – it continues to attract the young and ambitious, families and the super wealthy.

3. Southern Suburbs -R22,303m²

Perennial family favourite, the South Suburbs in Cape Town comes in at number three. Roomy homes on large plots and a village-like atmosphere make this THE area for many to bring up their children.

2. City Bowl - R31,588m²

The second most expensive area is the equally in-demand Cape Town City Bowl. With its incredible views, restaurants, markets and buzzing nightlife, demand in the area is driven by those seeking a live, work, play lifestyle.

altTextThe glorious City Bowl is always in demand with local and international buyers

1. Atlantic Seaboard - R43,750m²

Unsurprisingly, it is Cape Town’s Atlantic Seaboard that is the most expensive area with asking prices coming in at a whopping R43, 750 per square metre. This area continues to be a favourite for wealthy foreigners, Gauteng businesspeople and Capetonians looking to enjoy an exclusive, coastal lifestyle.

Watch the video to see why the Atlantic Seaboard is SA's most expensive area

altText10 most expensive areas per square mtre

Stats are compiled using median asking prices of residential properties added to Private Property’s web site in each quarter.

Looking to sell your home?
Advertise your property to millions of interested buyers by listing with Private Property now!
List your home privately


Found this content useful?

Get the best of Private Property's latest news and advice delivered straight to your inbox each week

Related Articles

#JunkStatus - what it means for the property market
The downgrade of South Africa to sub-investment will have a negative impact on the housing market and consumers as a whole.
Property owners will need to hold on tight
If you own a property do whatever you can to hold on to it as long as you can. If you have to sell, its vital to price your home correctly.
The best kept secrets for buying a home
If you’re serious about buying a house, you need to know the lay of the land. These are our top tips for home buyers.

Explore neighbourhoods mentioned in this article

Atlantic Seaboard
Beautiful views, beautiful people
Living in the Atlantic Seaboard is the perfect culmination of all things great. The Atlantic Seaboard is comfortably wrapped between the coastline and the mountains. It is an exclusive area with beautiful homes on the mountain, allowing for incredible sea views. Waking up to the fresh smell of the ocean and going for a run along the promenade is standard practice among residents in these areas. It is close to the city centre, with easy access to the national highways, and right on the beachfront.
Small coastal town with a big personality
Ballito, on the Kwazulu Natal North Coast, has grown quickly recently. Upmarket estates, restaurants and shopping centres now inhabit areas that were sugar cane fields not long ago. Many families are relocating to the area to take advantage of the relaxed coastal lifestyle that the area offers, even though it is just 30 minutes drive from Durban. Ballito has 3 excellent malls offering lots of retail therapy, great restaurants, private schools, private hospitals and ample sporting facilities. Beside the houses and flats in the main residential and beachfront areas, there are many newly built, secure estates that provide a choice of property types for those moving to the area.
Work hard, play hard...then relax
Sandton is a vibrant, modern neighbourhood that contains the richest square mile in Africa. It is the business gateway into Africa for many large corporations and attracts thousands of ambitious people seeking their fortunes. But Sandton is not just about big business, residents find plenty of time for leisure too. World class shopping centres, and a buzzing social scene are a huge hit with the young and young at heart. Perhaps surprisingly, there is a huge amount of green space in the area that residents take advantage of to exercise or just take a breather.