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 4PM English South Africa Business News · Investing

Other recent episodes

The Second Bond: The Hidden Costs Homebuyers Miss

Jonathan Kohler exposes the “second bond” — the monthly bill homeowners face before paying their actual home loan. From R4,000–R7,000 in Johannesburg and Cape Town to over R11,500 in Umhlanga, we unpack levies, utilities, maintenance, special levies and municipal tariffs that determine true affordability. A must‑listen for buyers, investors and…
1 Jul 1PM 27 min

SA New Vehicle Sales post strongest June result since 2007

South Africa’s new vehicle market delivered a standout June performance despite inflation, fuel price spikes and weaker consumer confidence. Dr Paulina Mamogobo, Chief Economist at NAAMSA, breaks down the domestic resilience, export pressures, shifting macroeconomic signals, and what these trends mean for the industry heading into the second half of…
1 Jul 12PM 20 min

Protests, Politics & State Capacity: What Today’s Unrest Signals

Anti‑immigration protests highlight deep governance failures, rising public frustration and the erosion of state authority. Professor William Gumede unpacks the political economy behind the unrest, the risks to social cohesion, the impact on investor confidence, and why South Africa urgently needs a coordinated, evidence‑based migration strategy.
30 Jun 5PM 22 min

One Labour Market, Three Data Sets: The Real Story Behind Jobs

GDP shows modest growth, QES shows formal job trends, and the QLFS reveals household‑level pressure. Together, they paint a complex picture of South Africa’s labour market. Statistician‑General Risenga Maluleke explains how these data sets interlink, where they diverge, and what they reveal about job creation.
30 Jun 5PM 20 min

SA TAX SEASON 2026 KICKS OFF: WHAT YOU NEED TO KNOW

South Africa’s tax season opens with new rules, new risks and widespread misconceptions. From two‑pot withdrawals taxed at marginal rates to multiple IRP5s, provisional tax surprises and auto‑assessment pitfalls. Stian De Witt from NMG Benefits explains the hidden traps catching ordinary South Africans
30 Jun 5PM 21 min
All episodes