Randburg continues to stand out as one of Johannesburg’s most sought-after and resilient property markets. Offering excellent value, a diverse property mix, and convenient access to key business and lifestyle hubs, it remains an attractive choice for both homebuyers and investors.
Lightstone data for July 2024 – June 2025 shows that 79% of recent buyers younger than 49 years old, confirming the area’s continued popularity among first-time buyers and young families.
This aligns with Q1 data from ooba, South Africa’s foremost home loan comparison service, which reports that the average age of bond applicants is 40, while the average age of first-time homebuyers is 35. Encouragingly, first-time buyers make up 46.1% of all applications in Johannesburg, closely matching the national average of 46.5%.
For sellers, this means pricing and presenting homes to appeal to younger buyers, particularly first-time purchasers and families, can drive faster sales and competitive offers.
Over the past year, 4446 sales transactions were recorded in Randburg, with an average selling price of R1 417 193.
Notably, 62% of all sales across property types were below R1 500 000, underscoring Randburg’s strong appeal as a value-driven market.
This confirms that the “sweet spot” for sectional title properties sits around the R1 million mark.
Overall, sectional title properties dominate the market, representing 79.88% of all sales transactions in Randburg.
Suburbs like Ferndale, with their high proportion of sectional title units and competitive pricing (below R1.5 million), are especially attractive to experienced investors and first-time buyers. Nearly 48.15% of Ferndale buyers in the past year were aged 18-35, reflecting its popularity among younger purchasers.
On the freehold side, 1033 properties were sold from June 2024 to date, at an average price of R1 979 573.
FNB holds the highest value of bonds registered in the past year, followed closely by SBSA and Nedbank. Banks are competing aggressively for borrowers by offering prime-minus interest rates, zero-deposit bonds, and flexible repayment plans – resulting in strong approval rates of 85% in Johannesburg and 85.7% in the Western Cape.
Meanwhile, average deposit requirements are declining.
This competitive landscape has driven first-time buyer applications to around 46–47% of total homeloan applications, fueled by rate cuts and improved affordability.
Driven by affordability Randburg offers a wide variety of sectional title and freehold properties across accessibly priced suburbs – catering to all lifestyles and life stages.
The area delivers excellent value for money and boasts convenient access to Johannesburg’s major business and entertainment hubs, including the Randburg, Sandton, and Rosebank CBDs. Residents also enjoy proximity to first-class shopping centres, sporting facilities, and major travel arterials, as well as neighbouring high-value suburbs like Bryanston and Morningside.
According to the latest Lightstone Randburg Town Report, the average property price in Randburg has climbed over the past year:
Freehold properties: Median price (based on property registrations) now R1 950 000, up from R1 900 000 in 2024.
Sectional title properties: Median price (based on property registrations) now R835 000, up from R755 000 in 2024.
This reflects strong growth – 10% year-on-year for sectional title and 2.63% for freehold properties.
Notably, Lightstone CEO Paul‑Roux de Kock reports that sectional title inflation has recently outpaced freehold growth for the first time in about 20 years – based on quarterly trends rather than annual data.
On a broader scale, Lightstone data shows:
What this means for Randburg: the area is significantly outperforming both Gauteng and national averages, particularly in sectional title segment. This positions Randburg in as a prime hotspot for both entry-level buyers and seasoned investors.
Rhys Dyer, CEO of the ooba Group, projects that house prices will continue to rise modestly through 2025 due to easing inflation, stable interest rates, and improved borrowing conditions. He also highlights an 18% increase in home loan volumes and a sharp rise in the total value of bonds granted, signaling a shift toward higher-value property purchases.
With its affordability, strong sectional title growth, and strategic location, Randburg remains one of Johannesburg’s most resilient and appealing property markets.
As competition among banks increases and deposit requirements trend downward, qualified buyers are well-positioned to take advantage of Randburg’s diverse property opportunities.
For sellers, the message is clear: Competitively priced properties in sought-after Randburg suburbs will sell—especially as the market heads into the peak spring and summer selling seasons.
We offer a comprehensive real estate service to landlords and sellers in the greater Randburg, Sandton, Fourways & Roodepoort areas.
261 Surrey Ave, Ferndale, Johannesburg
Office: 011 791 5134
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