Serene white-sanded views of the dazzling Atlantic Ocean every morning, the sound of waves crashing as the sun sets every night – the suburb of Clifton in the Mother City can flaunt the highest average selling price for residential property in South Africa, coming in at R23 million.
Property group Seeff recently performed a study based on data from Lightstone and Propstats from 2011/2 to 2016/7, and have discovered that Cape Town is home to nine of the ten richest suburbs in South Africa. The only non-Western Cape city to crack the list, was Sandhurst in Gauteng.
These are the top 10 most expensive suburbs in the country by average selling price are:
– Clifton – R23 million
– Llandudno – R17 million
– Bantry Bay – R16.9 million
– Sandhurst – R16.5 million
– Camps Bay – R16.2 million
– Fresnaye – R16 million
– Waterfront – R16 million
– Higgovale – R16 million
– Bishopscourt – R15.1 million
– Constantia Upper – R11.6 million
As unrealistic as these prices may sound, they’re just the average. Take a look at the five most expensive properties in South Africa as currently listed on Private Property.
5. 8-bedroom house in Houghton Estate – R110 million
Coming in at the cheapest, most-expensive property, is the 2,000 square metre ‘Gatsby Mansion’ set over four levels with breath taking views of Johannesburg. The property boasts its own private nightclub, spa, library, gymnasium, boardroom/conference facilities and both indoor and outdoor pools.
4. 4-bedroom house in Fresnaye – R125 million
This modern-style home in Fresnaye offers picturesque views from the pool and your very own personal olive grove. The 4-bedroomer also features multiple entertainment decks, patios, bars and six reception rooms. It also boasts a gourmet-style kitchen, wine cellar, bar area and steam room.
3. 6-bedroom house in Clifton – R145 million
Sitting cosy in the reputed most expensive street in Africa, this Clifton 6-bedroom in Nettleton Road is designed by Stefan Antoni. It also features a library, private cinema, wine cellar, gym, massage room and a private steam room.
2. 5-bedroom house in Clifton – R150 million
Also designed by Stefan Antoni, this Clifton home features a double-volume entertainment space, a Zen-like garden set against the mountain and a private pool deck. It also includes elevator access to all floors, a cinema room, a gym and fully automated curtains and blinds.
1. 7-bedroom villa in Fresnaye – R185 million
The most expensive property in South Africa, listed on Private Property, is this opulent villa built on the slopes of Lion’s Head.
This manor home witnesses the glittering Atlantic Ocean every day, with 2 swimming pools and seven en-suite bedrooms to add. It also boasts a gym, domestic quarters, as well as a security guard office, 3 garages and additional parking for 7 cars.
Photography Private Property
Featured image Cape Insights