5 of the most expensive estates in South Africa
The allure of luxury estates in South Africa has become a defining feature of the country’s property market, particularly lifestyle, golf, and eco-estates.
According to the African Wealth Report 2024 by Henley & Partners and New World Wealth, South Africa is home to some of the continent’s most exclusive estates, drawing affluent buyers with a taste for secure, community-oriented, and luxurious living.
To afford such an upscale lifestyle, one would typically need to earn at least R780,000 annually.
Johannesburg leads the continent with 12,300 HNWIs, reflecting its status as Africa’s economic powerhouse and home to the Johannesburg Stock Exchange, one of the world’s top 20 stock exchanges.
Cape Town follows with 7,400 HNWIs, while the nearby Cape Winelands, encompassing Paarl, Franschhoek, and Stellenbosch, is home to 3,600 HNWIs.
Meanwhile, Durban and its surrounding hubs of Umhlanga and Ballito collectively house 3,500 HNWIs. These regions are also hotspots for exclusive estates that cater to the wealthy.
The rising popularity of lifestyle estates has transformed South Africa’s real estate landscape.
Among the world’s top ten lifestyle estates named by New World Wealth are South Africa’s Steyn City in Gauteng and Val de Vie in the Western Cape.
Estates like these offer a mix of luxury and community, appealing to both local and international buyers.
Other notable estates include De Zalze and Domaine des Anges in the Western Cape, known for their tranquil settings and high-end amenities.
In Durban, eco-estates such as Zimbali, Simbithi, Izinga, and Brettenwood have gained traction for their sustainable living and proximity to nature.
The Pretoria region also boasts upscale options, with areas like Waterkloof and Waterkloof Ridge featuring prestigious estates such as Silver Lakes, Mooikloof Equestrian Estate, and Woodhill Estate.
These developments cater to families and professionals seeking a secure environment with premium facilities.
Giovanni Gaggia, CEO of Real Estate Services, highlights the multifaceted appeal of lifestyle estates.
They combine luxury living with community engagement, offering amenities like golf courses, fitness centres, nature reserves, and social spaces.
These estates also prioritise safety and well-maintained infrastructure, making them particularly attractive to families.
For example, Val de Vie in the Cape Winelands is renowned for its equestrian facilities, breathtaking scenery, and outdoor activities, creating a haven for retirees and young families alike.
Mixed-use developments are also gaining traction, offering a convenient blend of residential, retail, and recreational spaces.
Together with lifestyle estates, they illustrate South Africa’s growing appeal as a hub for secure, high-quality living tailored to the affluent.
Five of the most expensive estates are listed below.
Val de Vie Lifestyle Estate
This estate offers an unparalleled lifestyle, combining natural beauty, world-class amenities, and a strong sense of community.
Val de Vie boasts vineyards, polo fields, an equestrian centre, and the prestigious Pearl Valley golf course.
Residents enjoy outdoor activities such as hiking, cycling, and fishing, all set against the backdrop of scenic mountain views and natural fynbos.
Property prices reflect the exclusivity of the estate, ranging from R4.8 million for a one-bedroom apartment to over R24.9 million for larger homes.
Notably, some properties have previously sold for over R100 million, cementing Val de Vie’s status as one of South Africa’s most expensive estates.
De Zalze Winelands Golf Estate
Located on the outskirts of Stellenbosch, De Zalze Winelands Golf Estate merges luxury living with an appreciation for wine, golf, and nature.
The estate includes a world-class golf course, an award-winning wine farm, fine dining options, and tranquil lodges.
De Zalze is a magnet for buyers seeking a serene yet opulent lifestyle. House prices range from R4.1 million for a one-bedroom apartment to over R22.8 million for expansive properties.
The average property price is R11.9 million, reflecting its appeal among affluent buyers.
With its lush vineyards and pristine landscaping, this estate offers a unique blend of natural beauty and modern luxury.
Silver Lakes Golf Estate
Silver Lakes Golf Estate is an upscale residential and golfing community in Pretoria. It offers a serene and secure environment for its residents.
Its centrepiece is a renowned 18-hole golf course designed by Peter Matkovich, surrounded by manicured gardens, tranquil lakes, and elegant homes.
The estate caters to a variety of buyers with properties ranging from townhouses to grand estates.
Prices start at R2.59 million for sectional units, with five-bedroom homes averaging R5 million.
Silver Lakes combines luxurious living with recreational opportunities, making it a sought-after destination for families and retirees alike.
Woodhill Estate
Situated in Pretoria, Woodhill Estate and Country Club offers a harmonious blend of luxury and recreation.
The estate features a signature golf course, a fine-dining restaurant, and over 800 elegant homes surrounded by pristine landscapes.
House prices start at R3.8 million and reach an average of R10 million for top-tier properties.
The estate’s commitment to quality infrastructure, security, and a vibrant community ethos makes it a favourite among professionals and families seeking a refined lifestyle.
Steyn City
New World Wealth has recognised Steyn City as one of the top ten residential lifestyle estates in the world. With its vast, secure parkland spanning 2,000 acres in Johannesburg’s new north, Steyn City redefines urban living.
Conveniently located between Johannesburg, Pretoria, and Midrand, Steyn City blends safety, luxury, and convenience.
The estate features high-end amenities, including a championship golf course, cycling trails, fitness facilities, and gourmet restaurants.
Properties range from R2.55 million to R23 million, with an average selling price of R4.6 million in 2024.
Steyn City’s meticulously planned environment and family-friendly focus make it a top choice for those seeking an integrated lifestyle close to major urban centres.
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