More than 9,876 suburbs are spread out across South Africa, and a total of 315,899 homes have been sold for a total of R243 billion. More than 261 097 homes have already been sold this year, for a grand total of R210 billion.
Hospitaalpark in Limpopo, Havenside in KwaZulu-Natal, and Hartzenbergfontein AH in Gauteng are home to the estates with the greatest inflation rates over the past year, as reported by the Lightstone Property Group.
Noordhoek, in the Western Cape, had the highest annual average sale price, at R4.5 million. Llandudno, De Bosch, and Constantia are some of the most expensive areas of Cape Town.
Top 10 Most Expensive Suburbs In Cape Town
1. Llandudno
Affluent homeowners flock to this coastal area for the stunning architecture and breathtaking vistas. In Llandudno, a property with three bedrooms might cost anything from R12 million to R15 million.
Although patterns may change, the majority of homebuyers in the area are between the ages of 36 and 49, and 50 and 64.
2. De Bosch
Located in Stellenbosch, the exclusive estate of De Bosch is renowned for its elegant villas perfect for raising a family. Family homes here often have four garages, four living areas, a braai area, a large kitchen with a pantry and a scullery, a master bedroom with an en suite bathroom, two more en suite bathrooms, a separate staff apartment on the ground floor, and a study and a gym on the upper floor.
3. Constantia
Constantia, a posh suburb of Cape Town, is highly sought after because it is the ideal place to raise a family in the city. With only a 17.7-kilometer distance to the heart of the city, many residents choose to work there. Although the cost of a home in Constantia is still higher than the city average.
4. Sandhurst
Sandhurst is without question one of the most affluent communities in all of Johannesburg. It’s not hard to picture that the elite of society make their homes in Sandhurst’s massive mansions.
Assuming that understated elegance is your style, the low population density of Sandhurst is likely one of the most appealing aspects of a visit there. Sandhurst is a suburb of the busy metropolis that formed more than 50 years ago, and its residents like to live in stately rather than trendy residences.
Despite its proximity to Sandton’s Central Business District, the suburb of Sandhurst remains peaceful, leafy, and sedate thanks to the lack of cluster projects and the enormous grounds on which homes are set.
Naturally, the suburb’s entrances are boomed and security is tight. The streets are constantly monitored, and every home has a six-foot wall or higher surrounding it.
Sandhurst is actually off-limits to the general public. The neighbourhood is located on the northwestern slope of the city, offering stunning views of the Magaliesberg, and is only a few minutes away from the heart of Johannesburg, including Sandton City, Hyde Park shopping, the Inanda Club, the Wanderers Cricket Club, and the area’s top private schools.
5. Hyde Park
Hyde Park is one of Johannesburg’s most prestigious areas, and it bears some resemblance to its namesake in London. Like the mansions that surround London’s Hyde Park, the homes in Johannesburg’s Hyde Park are luxurious and large, and they exude an air of exclusivity. However, this is where the parallels stop.
Hyde Park is a suburb of Dunkeld located between Beyers Naude Drive and Rivonia Drive, north of Bompas Road. The residences there are protected by high walls and cutting-edge security systems. There are many trees in the Hyde Park neighborhood of London, but they can’t compare to the 4,000 that line London’s Hyde Park.
Hyde Park may not have a lake, but the large properties and central location among the northern suburbs are what make it so desirable. Nearby attractions such as Sandton, Rosebank, Melrose Arch, and the Hyde Park Shopping Centre are also within easy driving distance.
Hyde Park is peaceful and quiet despite its convenient location, and the majority of its twisting streets have light traffic. Sunday brunch at one of a variety of delis and restaurants is a way of life, not just for those who reside in the neighbourhood, and Hyde Park Shopping Centre is home to some of the most prestigious specialty stores and a plethora of boutiques.
6. Clifton
Enjoying the ultra-chic atmosphere of a South African beach vacation has never been easier than with a stay at a Clifton hotel. Clifton Beach is well-known among Cape Town’s hipsters as a hangout for international jetsetters.
Clifton’s Fourth Beach, with its pristine white sands and crystal clear water, is further adorned by the glitz and eco-consciousness of its visitors by the presence of these bronzed bodies and designer sunglasses.
Clifton is a wealthy neighborhood of Cape Town, South Africa, located outside Bantry Bay, between Sea Point and Camps Bay, and with Table Mountain as a dramatic background.
Clifton’s beaches are separated into four coves by granite boulders; these coves have rather unimaginative names like “first,” “second,” “third,” and “fourth,” but their beauty makes these names unnecessary.
There is a set of stairs leading down from the road, which may be a pain to find parking on, to each of the beaches. While this may be true, it doesn’t seem to stop the masses from flocking to Clifton every evening during peak season to enjoy some classic sundowners in front of one of Cape Town’s world-famous sunsets.
Although there is the occasional wave that can cause damage, the four Clifton beaches are generally safe from the infamous south-easterly. Since Clifton lacks significant shopping and dining options, many visitors prefer to head to neighboring Camps Bay instead, making for peaceful evenings in this residential neighborhood.
7. Bantry Bay
8. Fresnaye
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Conclusion
If you are in quest to know the most expensive suburbs in Cape Town, this content has done justice to all you need to know.