Peradventure you’ve gathered lots of Rand and have wondered what street of South Africa is most expensive to live in, here’s what you’ve been looking for! Over the years, Cape Town’s Atlantic Seaboard suburbs of Clifton, Bantry Bay, Bakoven, Llandudno and southern suburbs counterparts Bishopscourt and Constantia, as well as Sandhurst, Bryanston, Hyde Park and Atholl in Johannesburg have consistently been the desired home of wealthy South Africans.
But then, there are instances where the higher demand of more affordable suburbs with lesser prices do instigate higher price growth in these suburbs than in the super-wealthy suburbs which in turn, as observed in some cases, relegate some of the money-whirling-super-wealthy suburbs to the less valued category. Based on Lightstone Property recent data on the average sales transfer prices for homes, which was calculated for the streets across the major provinces of South Africa to show the highest prices for homes in South African streets, here are the most expensive streets of South Africa.
1. Clifton Road Of Clifton Suburb In Western Cape
Average Value Of Homes: R49 Million
BT reported that the average value of deed transactions for houses on Clifton Road is at about R49 million. Thus, Clifton Road is the country’s most expensive street.
2. De Wet Road Of Fresnaye Suburb In Western Cape
Average Value Of Homes: R43 Million
Fresnaye as one of Cape Town’s most affluent suburbs comes next after Clifton Road with the average value of deed transactions at R43 million. Fresnaye is situated between Signal Hill and Sea Point, a few kilometres to the west of Cape Town’s Central Business District, and is set on the slopes of Lion’s Head on the East and between Sea Point and Bantry Bay to the suburb’s North West and South West respectively.
3. Steenways Road Of Llandudno Suburb In Western Cape
Average Value Of Homes: R40 Million
Steenways Road has a length of 0.26 kilometres and is located next to Llandudno in the western city of Cape Town. With Steenways Road’s average value of deed transactions estimated at R40 million, Steenways is the third most expensive street in south Africa.
4. 4th Road Street Of Hyde Park Suburb In Gauteng
Average Value Of Homes: R34 Million
Hyde Park as a wealthy suburb of Johannesburg was named after London’s prestigious Hyde Park area, and they are both admired. Hyde Park borders Illovo,Sandhurst, and Craighall Park. From the foregoing, 4th Road Street is apparently, the most expensive street of the suburb and the fourth most expensive in South Africa.
5. Upper Sidmouth Avenue Of Bishopscourt Suburb In Western Cape
Average Value Of Homes: R29.2 Million
As the fifth most expensive street in South Africa, Upper Sidmouth Avenue’s average value of deed transactions is at 29.2 million. Upper Sidmouth Avenue is next to Wynberg Hill with a length of 0.23 kilometres. Chesterton narrated that “Bishopscourt is a small, wealthy residential suburb in the Southern Suburbs of Cape Town in the Western Cape, South Africa. It is part of the Cape Town Metropolitan Municipality created in 2000, which includes the greater Cape Town area. It has approximately 350 houses most of which reside on more than 4000m² of land”
6. Lowndes Road Of Bryanston Suburb In Gauteng
Average Value Of Homes: R27 Million
As revealed, “The Houses in Bryanston are on average large housing, the gardens are traditionally large and contain many trees, but in recent times, the large properties are being made into complexes, with more houses and smaller gardens, it is mostly for security reasons and an ever lack of space since many people want to live in the suburb”. Bryanston is a wealthy residential suburb of Johannesburg that was initially a suburb of Sandton, but was later on merged with Johannesburg to form part of the City of Johannesburg Metropolitan Municipality. Bryanston is forked by Bryanston Drive, running from the outskirts of Randburg to the beginning of Morningside, and its Lowndes Road Street is presently the sixth most expensive street in south Africa.
7. Glen Avenue Of Gardens Suburb In Western Cape
Average Value Of Homes: R26.6 Million
As an affluent neighborhood populated mostly by young professionals, Gardens suburb is an inner-city suburb of Cape Town located just to the south of the city directly beneath Table Mountain and Lion’s Head. Glen Avenue, a street in this suburb is with an average value of deed transactions estimated at R26.6 Million.
8. Empire Place Of Sandhurst Suburb In Gauteng
Average Value Of Homes: R26.475 Million
Empire Place is next to Sandhurst and is located in City of Johannesburg Metropolitan Municipality, Gauteng, South Africa. Empire Place has a length of 1.72 kilometres, and as stated above, is with an average deed transactions valued at Rf26.475 million.
9. Christopherson Road Of Hyde Park Suburb In Gauteng
Average Value Of Homes: R24 Million
As stated earlier, Hyde park is a wealthy suburb of Johannesburg. 4th Road Street is the most expensive street of this suburb, and Christopherson Road comes next after 4th Road but is however, the 9th most expensive street in the whole of South Africa.
10. Pretoria Avenue Of Wierda Valley Suburb In Gauteng
Average Value Of Homes: R21.5 Million
Wierda Valley is a suburb of Johannesburg named after Sytze Wierda, the first architect and engineer to the South African Republic. This suburb is home to Pretoria Avenue, a street regarded as the 10th most expensive street in South Africa.