Randburg
- Overview
- Market activity
- Properties
- Overview
- Market activity
- Properties
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Investing in property in the Johannesburg municipality of Randburg offers a variety of features and benefits that make it an attractive option for buyers and investors:
- Prime Location: Randburg is centrally located in Johannesburg, providing easy access to major business districts, shopping centres, and entertainment hubs. Its proximity to key areas such as Sandton, Rosebank, and the Johannesburg CBD makes it a highly convenient place to live and work.
- Diverse Property Market: Randburg offers a wide range of property types, from affordable apartments and townhouses to luxurious family homes and estates. This diversity caters to different budget levels and investment goals, making it suitable for first-time buyers, families, and seasoned investors alike.
- Educational Institutions: The area is home to numerous reputable schools, colleges, and universities, making it a popular choice for families with children. Access to quality education enhances the attractiveness of the area for long-term residency.
- Retail and Recreational Facilities: Randburg boasts a variety of shopping centres, restaurants, and entertainment options, including the popular Cresta Shopping Centre and the Randburg Square. Additionally, there are numerous parks and recreational areas, such as Delta Park, providing residents with ample leisure opportunities.
- Infrastructure and Connectivity: The municipality has a well-developed infrastructure, with good road networks and public transport options, including bus routes and the Gautrain, facilitating easy commuting within Johannesburg and beyond.
- Economic Growth and Employment Opportunities: Randburg is a thriving business hub with a mix of commercial properties and office parks. This economic activity attracts a steady influx of professionals and businesses, ensuring a robust rental market and potential for property value appreciation.
- Safety and Community: Many neighborhoods in Randburg have active community associations and security initiatives, contributing to a safe and cohesive living environment. This sense of community and safety is a significant factor for families and individuals when choosing a place to live.
- Property Value Appreciation: Over the years, Randburg has shown steady property value appreciation, making it a sound investment choice. The combination of location, amenities, and economic activity supports long-term capital growth.
Investing in property in Randburg provides access to a prime location, diverse property options, excellent educational and recreational facilities, strong infrastructure, and a thriving economic environment. These features collectively enhance the quality of life for residents and offer promising returns for investors.
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Market activity
Total number of properties in Randburg32,776
Freehold33,481
Sectional Titles16,831
EstatesAverage sold property price in RandburgFreeholdSectional SchemeVacant LandPeriod of ownershipFreeholdR1,767,20020.0%Average price123820.0%TransfersSectional TitleR1,547,63328.6%Average price226028.6%TransfersEstateR1,627,67423.1%Average price102223.1%Transfers -
Properties in Randburg
New25R1,599,9993 Bedroom Cluster For Sale in Olivedale3 Bed2 Bath2 Parking161m²16R8,000 pm2 Bedroom Apartment To Let in Ferndale676 La Surrey, 359 Surrey2 Bed1 Bath21R849,9992 Bedroom Apartment For Sale in North Riding2 Bed2 Bath1 Parking97m²32R4,295,000864m² Office For Sale in Ferndale864m²Under offer17R695,0002 Bedroom Apartment For Sale in Bromhof2 Bed1 Bath83m²36R8,000 pm1 Bedroom Apartment To Let in Malanshof1 Bed1 Bath93m²32R22,000 pm5 Bedroom House To Let in Northcliff5 Bed3 Bath2 Parking14R17,500 pm4 Bedroom House To Let in Nietgedacht AH4 Bed2.5 Bath2 ParkingReduced27R4,999,9991,487m² Office For Sale in Northcliff1,487m²Featured27POA2 Bedroom Sectional Title For Sale in Bromhof106 Caymans, 332 San Marco2 Bed1 BathNo listings found
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