Kaya 959 Kaya Biz

The top 5 suburbs rich South Africans want to live in

Loading player...
GUEST - Hayley Ivins-Downes, Head of Digital at Lightstone Property



Lightstone’s latest property newsletter revealed South Africa’s top five suburbs for homes priced over R1 million, ranked based on sales numbers and total purchase price for 2023.

According to Lightstone’s latest data, the real estate market in South Africa witnessed some notable changes in the ranking of the top-selling suburbs.

According to the data, Bryanston in Gauteng emerged as the most popular suburb in terms of both volume and total purchase price for both years.

Meanwhile, Sea Point in the Western Cape secured the second spot in 2023, moving up from the third in 2022.

Midstream Estate in Gauteng ranked second in 2022 but slid down to the third spot in 2023.

Additionally, Val de Vie and Fresnaye, which were placed fourth and fifth in the Western Cape in 2022, lost their positions in the top five in 2023.

Instead, Sibaya Coastal Precinct in KwaZulu-Natal took the fourth spot, followed by Sunningdale in the Western Cape, which ranked fifth in 2023.
10 Apr 2024 1PM English South Africa Business News · Investing

Other recent episodes

One Year Into The Two-Pot System: How Much Have South African’s Withdrawn?

Guest - Nzwa Shoniwa, Managing Executive: Sanlam Umbrella Solutions From 1 September 2024 to 31 August 2025, Sanlam Corporate paid out approximately R4 billion across 223 000 emergency-pot claims with R1 billion in tax flowing to SARS. On average, we are paying out about R150 million a month, but when…
11 Sep 10AM 14 min

Discovery Group Delivers 30% Rise In Profits

Guest - Hylton Kallner, CEO of Discovery South Africa and Discovery Bank Discovery has delivered record results, posting a 30% surge in profit and entering a new phase of scaled growth with its two main composites, Discovery South Africa and Vitality. We’re joined by Hylton Kallner, CEO of Discovery South…
11 Sep 9AM 18 min

FirstRand Post 10% Rise In Earnings And An Impressive 20% Return On Equity

Guest – Mary Vilakazi – CEO of FirstRand South Africa’s largest banking group, FirstRand, has posted a 10% rise in earnings and an impressive 20% return on equity – well above peers – despite economic headwinds. In this episode, we speak to Mary Vilakazi, the Group CEO, about what drove…
11 Sep 9AM 16 min

What Tractor Sales Tell Us About The State Of Agriculture In South Africa?

Guest – Thabile Nkunjana, Agricultural Economist Agricultural Machinery Sales indicate that August tractor sales of 700 units were 22% more than the 572 units sold in August last year. There have been welcome reactions from agricultural associations about the increase in machinery sales.
10 Sep 10AM 20 min
All episodes