SA's 10 most expensive suburbs

17 November 2015 - 18:14 By TMG Digital

If you want to live in one of South Africa’s ten most expensive suburbs‚ you’re going to have to shell out at least R10-million on a house. The national average price of a house in the country hit the R1-million mark earlier this year‚ according to FNB‚ but the average price in the leafiest of districts is a cool R10-million.Seven of these districts are in Cape Town. They are Clifton‚ Bantry Bay‚ Camps Bay‚ Fresnaye‚ Llandudno‚ Bishopscourt‚ and Constantia (not in order of price).In Johannesburg the elite live in Sandhurst; Westcliff and Dunkeld.According to the Seef Property Group‚ all these areas emerged after 2007/8 as Blue Chip Property. Many of the properties‚ especially in the Cape‚ are owned by non-South Africans. Properties in Clifton‚ Bantry Bay‚ Fresnaye‚ Camps Bay and the V&A Waterfront range even higher than R10-million.A record price of R111-million was reached in Clifton this year.So here’s the list in order of most to less (not least) expensive‚ with their average prices:1. Clifton (R19.75 million)2. Sandhurst (R14.9 million)3. Llandudno (R11.2 million)4. Bantry Bay (R11 million)5. Westcliffe (R11 million)6. Bishopscourt (R11 million)7. Constantia (R11 million)8. Dunkeld (R10.5 million)9. Fresnaye (R10.5 million)10. Camps Bay (R10 million)

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