Randburg

 Randburg
Overview Market activity Properties

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:

  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. 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.
  6. 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.
  7. 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.
  8. 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.

Market activity
Total number of properties in Randburg
32,776
Freehold
33,481
Sectional Titles
16,831
Estates
Average sold property price in Randburg
Freehold
Sectional Scheme
Vacant Land
Period of ownership
Freehold
R1,767,200
20.0%
Average price
1238
20.0%
Transfers
Sectional Title
R1,547,633
28.6%
Average price
2260
28.6%
Transfers
Estate
R1,627,674
23.1%
Average price
1022
23.1%
Transfers
Properties in Randburg
R335,807 pm
4,282m² Warehouse To Let in Kya Sands
4,282m²
R3,500,000
8 Bedroom Freehold For Sale in Ferndale
8 Bed
3 Bath
2 Parking
Sole Mandate
R4,500 pm
1 Bedroom Flat To Let in Northcliff
1 Bed
1 Bath
R5,500 pm
1 Bedroom Apartment To Let in Northcliff
1 Bed
1 Bath
R4,200,000
589m² Business Centre For Sale in Ferndale
589m²
R7,000,000
6 Bedroom Freehold For Sale in Farmall AH
6 Bed
5 Bath
6 Parking
R4,295,000
864m² Office For Sale in Ferndale
864m²
R4,500,000
1,487m² Office For Sale in Northcliff
1,487m²
Exclusive Mandate
R7,800 pm
2 Bedroom Townhouse To Let in Sundowner
2 Bed
1 Bath
1 Parking

No listings found

Recently sold in Randburg
R1,750,000
3 Bedroom Townhouse Sold in Northcliff
3 Bed
3 Bath
158m²
Sole Mandate
R430,000
2 Bedroom Duplex Sold in Windsor East
2 Bed
1.5 Bath
101m²
Sole Mandate
R650,000
2 Bedroom Apartment Sold in Kensington B
2 Bed
1 Bath
1 Parking
78m²
Sole Mandate
R1,650,000
7 Bedroom House Sold in Bloubosrand
7 Bed
3.5 Bath
3 Parking
R900,000
3 Bedroom Duplex Sold in Noordhang
3 Bed
2 Bath
91m²
Recently let in Randburg
R6,000 pm
1 Bedroom Garden Cottage Rented in Jukskei Park
00 Chroom Street
1 Bed
1 Bath
50m²
Sole Mandate
Private Sale
R7,800 pm
2.5 Bedroom Apartment Rented in Ferndale
19 N/A, 371 Main Ave
2.5 Bed
1 Bath
1 Parking
99m²