Sandton & Midrand Property
Johannesburg Property – Northern Suburbs
The original northern suburbs of Johannesburg include such well-known areas as Rosebank, Houghton, Saxonwold, Athol, Oaklands, Illovo, Inanda, Hyde Park, Dunkeld, Parktown and Westcliff, and they still contain much of the most expensive and sought-after property in SA.
Originally settled by those who had made their fortunes in the young city’s gold mines and burgeoning industries, these areas are now well-established, leafy suburbs characterised by elegant and imposing properties set in tranquil and well-tended gardens, and they are highly favoured by the country’s new financial elite.
These garden suburbs are home to many top schools as well as boutique hotels, quaint B&B’s, exclusive retail centres and renowned recreational venues such as the Wanderers club and the Houghton golf course. They are also currently the site of much renovation and refurbishment as property buyers modernise many of the grand old homes.
Subdivision is also becoming more common and there are numbers of magnificent new architect-designed properties and clusters available for a new generation of buyers who want more security and less maintenance.
Aptly dubbed “Africa’s Richest Mile”, the Sandton CBD is home to the Johannesburg Stock Exchange and the head offices of many of the country’s listed companies, and surrounded by some of the most valuable property in SA.
This affluent node is the result of a fusion between Sandown and Bryanston, originally two of Johannesburg’s most northerly suburbs, to establish a new town and ultimately a glittering new city that now boasts its own skyscrapers, luxury apartment blocks and rows of trendy townhouses.
Meanwhile, established residential areas close to the CBD such as Morningside, Rivonia and Parkmore have seen much new home development in recent years and now boast many upmarket cluster complexes popular with executives and professionals keen to live near their offices. And Bryanston has undergone a metamorphosis through extensive commercial development and subdivision of its large stands to make way for the modernistic mansions that are now its signature. Similarly in the northern area of Sandton, Fourways has become one of the fastest developing residential and commercial property hubs in South Africa.
However, many of the outlying suburbs of Sandton are still characterised by rambling country-style properties in large grounds that speak of the city’s origins as Johannesburg’s “mink-and-manure belt”, and still offer a relaxed, out-of-town lifestyle to their wealthy residents.
The area known as Midrand encompasses the suburbs flanking the N1 highway north of the Jukskei River up to Centurion and the border of the Tshwane Metro. These include Carslwald, Crowthorne, Glen Austin, Halfway House, Halfway Gardens, Kyalami and Vorna Valley.
The area is a contemporary one in terms of property and has experienced steady growth in the past decade. Many businesses have relocated here to be close to good highway links and have easy access to the markets of both the Johannesburg and Tshwane metros, and this has brought an influx of new residents.
Residential property in the area caters to a broad spectrum of tastes and income groups. Families upgrading from the nearby township of Klipfontein are moving into areas such as Vorna Valley where prices for townhouses or small houses favour first-time buyers.
Top end buyers, meanwhile, are spoilt for choice with a variety of luxury gated estates and upmarket freehold properties to choose from. And with Kyalami still being a major equestrian centre, there is still a good supply of smallholdings in the area.
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