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

DRDGOLD’s Big Year: Earnings Surge & Vision 2028 Takes Shape

DRDGOLD CEO Niël Pretorius unpacks a standout FY2026 performance, with revenue up 42%, operating profit up 83%, and major Vision 2028 infrastructure coming online. We explore production stability, the company’s debt‑free position, dividend uplift, and how new assets like the Daggafontein TSF and DP2 expansion reshape future output.
19 Aug 1PM 15 min

SA Consumer Price Inflation slows to 4.3% in July

Nedbank Economist Isaac Matshego breaks down South Africa’s July CPI print, which eased to 4.3% as fuel prices softened and goods inflation cooled. We unpack the drivers behind the slowdown, the stubborn pressure from housing and utilities, and what this means for consumer wallets heading into the September MPC meeting…
19 Aug 12PM 16 min

Leaky Pipelines & Broken Rungs: Fixing Gender Gaps in Investments

PPS Investments’ Fran Troskie breaks down why asset management still struggles with gender parity — from caregiving burdens to promotion barriers, wage gaps, and murky leadership pathways. A candid Women’s Month conversation on redesigning the industry for true inclusion.
18 Aug 1PM 16 min

Tax as Strategy: How Women Can Lead in a Volatile Economy

PwC’s Mbai Rashamuse joins our Women’s Month spotlight to unpack how tax can be a strategic lever for value creation — not just compliance. She explores financial sector shifts, inclusive leadership, and how women can shape Africa’s economic future through tax and governance.
18 Aug 1PM 16 min

Absa Delivers 8% Earnings Growth in Tough Conditions

Absa posts a resilient 1H26 performance with headline earnings up 8% to R12.8bn, ROE rising to 15%, and revenue growing 4%. We speak to Group FD Deon Raju about margin pressure, credit improvements, digital investment, and the bank’s outlook for FY26.
18 Aug 12PM 13 min
All episodes