Johannesburg’s property market is evolving, and for empty-nesters, first-time buyers, investors, downsizers and busy professionals, lock-up-and-go living is a thriving sector. In Johannesburg’s northern suburbs, secure sectional title properties with a lifestyle component are soaring in popularity.
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Homes in the R500 000 to R1 million range – a price band that Lightstone’s April House Price Index says is growing at an annual inflation rate of 3.7% – are exceptional investments as the market turns, according to Cobus Odendaal, CEO of Lew Geffen Sotheby’s International Realty’s Johannesburg and Randburg/Craighall operations.
“Lightstone data also mirrors trends our agents have noted, most significantly that Gauteng’s annual property inflation is bouncing back.
“Sectional title prices across the northern suburbs are rising. We’re not at the ‘ambitious asking price’ stage, but we often receive multiple offers on exceptional properties that give buyers those extras.”
The essentials of lock-up-and-go living include:
- Top-Tier Security: Modern lock-up-and-go complexes can offer armed response, biometric access or CCTV.
- Indoor-Outdoor Flow: Many of these properties feature private patios, balconies, or communal gardens, blending indoor comfort with outdoor relaxation – perfect for morning coffees or sundowners.
- Safe & Convenient Parking: Secure underground or covered parking means your car is protected from the elements and potential theft – a must in Jozi.
Odendaal says buyer wish lists also include lifestyle perks such as swimming pools, on-site gyms, walking trails and outdoor recreational areas.
Morningside, Sandton. R800 000 is the asking price for a one-bedroom, ground floor apartment that’s all about indoor-outdoor flow in a walled garden.
What’s out there?
- Sunninghill, R850 000: There’s a stunning 1-bedroom loft apartment offering a perfect blend of modern style and everyday comfort. The open-plan design, enhanced by high ceilings, creates a bright and spacious atmosphere. The sleek kitchen features space for two appliances, flowing seamlessly into the lounge, which opens onto a private balcony. The modern bathroom includes a spacious shower, while the bedroom has ample cupboards. Use the loft as a TV lounge or home office that has its own large balcony. Also enjoy 24-hour guarded access, a pool and clubhouse.
- Morningside, Sandton, R800 000: This one-bedroom, ground floor apartment is all about indoor-outdoor flow in the privacy of your own walled garden. This sunny, north-facing apartment features an open-plan kitchen and living area. The bedroom has ample cupboards and an en-suite bathroom. The complex is quiet and well-maintained, offering a lovely communal pool area, secure visitor parking and easy access to shopping centres, Sandton City Mall, and top schools.
- Parktown North, R795 000: An immaculate first-floor 1-bed apartment in a well-run complex consists of an open-plan living room and kitchen with under-counter oven and electric hob. The large bedroom has built-in cupboards and an en-suite. Other features are excellent security and a communal pool, clubhouse and braai area. The flat is just minutes away from shops, restaurants and Rosebank’s CBD.
Reverse semigration
Cobus Odendaal
Odendaal says with the tide of reverse semigration flowing faster, Johannesburg’s property market is coming alive again, which means it’s time for investors to jump in.
“The range just below R1m is a ‘test the waters sweet spot’ and it’s also fantastic for first-time buyers wanting to get on the property ladder in great locations, with proven annual appreciation.
“In real estate wealth creation it’s always about location, and in Johannesburg the northern suburbs are where returns are best,” Odendaal concludes.
Top picture: Parktown North. R795 000 for this first-floor 1-bed apartment. The complex offers excellent security and a communal pool, clubhouse and braais.
