What a R2 million house looks like in Joburg, Cape Town, Durban and other major cities
According to FNB’s latest property barometer, a quarter of South Africans are looking to move from their current homes based on their current life stage.
And a quarter of these homeowners said that they were down-scaling due to life stage, 15% said that the move was necessitated by a change to their family structure, and 13% said that they were looking at upgrading to a bigger/better place.
However these homeowners looking to sell may be in for a bit of a shock – especially if they are part of a larger family.
According to a separate FNB report released in February, the average price for a full title home is currently around R1.2 million.
Unsurprisingly this increases or decreases significantly based on the number of bedrooms in the home with a one or two bed costing an average of R667,811, compared to an average of R1.22 million for a three bedroom home, and R1.86 million for a home with four bedrooms or more.
Gauteng
3 bedroom house for sale in Rooihuiskraal, Centurion
3 bedroom house for sale in Craigavon, Sandton
2 bedroom apartment for sale in Bryanston, Johannesburg
3 bedroom townhouse for sale in Faerie Glen, Pretoria
Western Cape
3 bedroom house for sale in Mossel Bay Central, Mossel Bay
2 bedroom house for Sale in Paarl North, Paarl
1 bedroom apartment for sale in Cape Town City Centre, Cape Town
KwaZulu Natal
3 bedroom apartment for sale in South Beach, Durban
2 bedroom apartment for sale in Umhlanga ridge, Umhlanga
4 bedroom house for Sale in Scottsville, Pietermaritzburg
Free State
4 bedroom house for Sale in Universitas, Bloemfontein
7 bedroom house for sale in Parys
Mpumalanga
Limpopo
3 bedroom house for sale in Lissataba Private Nature Reserve, Hoedspruit
North West
4 bedroom house for sale in Lakeland, Hartbeespoort
All properties sourced from Property24.
Read: These R3.65 million 1-bedroom apartments in Cape Town come with a rooftop pool