RANDBURG OFFERS FIRST-TIME BUYERS AND YOUNG FAMILIES AFFORDABILITY, VALUE AND CHOICE

RANDBURG OFFERS FIRST-TIME BUYERS AND YOUNG FAMILIES AFFORDABILITY, VALUE AND CHOICE

Category Property News

Situated to the north of Johannesburg within easy commuting distance of the Sandton CBD, 

Randburg is the ideal area for first-time buyers as it offers them a wide choice of affordable suburbs and property options to suit all needs.

It's also home to an array of first-class amenities and good private and public schools. There are numerous popular malls and smaller shopping centres, medical centres and various sports facilities. 

Whether you're an aspirant professional seeking modern lock-up-and-go convenience, a first-time buyer wanting a low-maintenance starter home or a young couple looking for a traditional family home, you're likely to find exactly what you're looking for in Randburg. 

And, being well-situated in Johannesburg North, alongside prestigious neighbouring suburbs like Bryanston and Morningside, Randburg affords buyers excellent value in a high value region.

Linden

Linden is one of Johannesburg's prettiest and oldest suburbs and, despite the fact that you are within a stone's throw reach of Sandton, Northcliff, Melville and various popular commercial hubs, this characterful suburb has retained its original essence and charm. 

Many of Linden's beautiful houses have been sympathetically restored and the suburb offers a wide selection of clusters, town houses and apartments, all in a friendly and secure environment.  

The average house price is around R2.7m but you can get a lovely three-bedroom house for R2.3m and a four-bedroomed house from about R3.1m.

Boskruin

Situated alongside a green belt called the Boschkop Nature Reserve, Boskruin is a village-like suburb which truly feels like an urban oasis, especially if your home is situated near to the reserve and you are able to spot the wildlife on the koppie.

It is, in fact, one of the few remaining green lungs in the northern suburbs and still boasts indigenous trees which are hundreds of years old along with and myriad small animal species.

Essentially, Boskruin offers residents the best of both worlds as they have easy access to a host of top-class amenities of a world-class city whilst enjoying a country atmosphere.

Properties are predominantly freehold estate homes (48%) and freestanding houses (34%) with an average sale price of around R2.8m. Three-bedroom houses start at an accessible R1.5m and for R2.5m you can buy a beautiful four-bedroom house, often with a swimming pool.

Randpark

One of very few remaining suburbs where the property landscape is still 100% freehold, Randpark is very popular with families. It's a quiet, well-established suburb which offers easy access to the main arterial routes.

For around R1.7m, one can still buy a lovely three-bedroom house (often with a pool) which will probably need a little modernisation but this allows you to put your personal stamp on it over time and as the budget allows.

From R2.3m, you get a spacious, modern family home with a sizeable garden and at R4m, you are buying an expansive home, often with enough space for generational living.

Blairgowrie

Blairgowrie is also 100% freehold, (1.3% are in estates), and it's especially popular with families as the suburb is home to both a primary and high school.

The popularity of the suburb has kept the median house price hovering around R1.8m since 2016, reaching an all-time high of R2.1m in 2022, but what is equally notable is the spike in vacant land sales in 2020 with 28 registrations compared to the previous high of 15 in 2019.

Most of the houses in Blairgowrie are priced between R2m and R3m, but there are still gems to be found for around R1.8m and R4m buys you a spacious home with top end finishes.

Fontainebleau

Well-situated just off Republic Road and close to the N1 and Malibongwe Drive which connects Randburg with Northgate, this tree-lined suburb is almost 80% freehold.

As in many of the more established Randburg suburbs, many Fontainebleau properties which were originally built in the 1970's have been extended and renovated.

This suburb really does cater for all budgets, starting at around R350 000 for a one-bedroom flat, all the way up to around R4m for a spacious home with at least 6 bedrooms and often a separate flatlet.

For between R1.5m and R2m you can buy a lovely three or four-bedroomed family home with a sizeable garden.

Bordeaux

Although the majority of homes in Bordeaux are freestanding (87%), property options are quite varied and include apartments, townhouses and cluster homes in security complexes. 

And, with 44% of recent buyers being under the age of 36 and 89% of sellers being 50 or older, new buyers in this suburb are of a younger demographic, so it's ideal that Bordeaux is centrally situated near to several schools and home an array of amenities and entertainment options."

An accessible R1.8m can buy you a comfortable three-bedroom house which needs a little love or a modern three-bedroom townhouse and, with flats starting at about R550 000, it's also a good suburb to get a foot onto the investment ladder.

With a bigger budget, of between R2.5m and R2.9m, you can find a beautifully renovated house with a lovely garden.

North Riding

Almost half of the homes in this up-and-coming suburb are still freehold, but the majority of these are now in estates.

North Riding is famous for being a hive of economic activity some of the more popular industrial hotspots such as Northlands Deco Park and some of the prominent education facilities in the area include the PLG North Riding Academy, PLG Dimples Creche and North Riding College.

And last year's record high median house price of R1.85m in 2022 topped the previous year's record of R1.8m.

Apartments range between R700 000 and R1.2m, townhouses are from R800 000 to R1.5m and between R1.9m and R2.6m will buy you a modern three-bedroom home with a decent sized garden. 

Malanshof

This is another older, well-established suburb and is a sought-after residential address due to its' stable property market and prime location offering easy access to thoroughfares, amenities and industrial and commercial hubs.

Around 65% of properties are freehold and the house median price reached a record high of R2.1m last year, jumping from R1.8m in 2021 and the sectional title median price also increased to R1.1m after hovering around R960 000 for three years.

Very accessibly priced, two-bedroom flats are priced around R700 000, three-bedroom townhouses with compact gardens can be bought for R1m and around R2m will buy you a lovely three to four-bedroom house with a sizeable garden.

Agents are reporting that Randburg has been a hive of activity during the past few years because the area not only offers excellent value, the market consistently performs and continues to attract first time buyers, experienced investors and young families who finds great value and comfort here.

Author: Lew Geffen Sotheby's International Realty