After years of slow movement, Johannesburg’s residential property market is starting to show signs of life – and for savvy buyers, the timing might be perfect. According to a new report by the Landsdowne Property Group, we may have reached the bottom of the market cycle, with purchase prices now comparable to 2007 levels and rental yields among the best in the country. 

Speaking on HOT Business with Jeremy Maggs and MoneyWeb, Landsdowne Property Group CEO Jonathan Kohler explained why buyers are starting to pull the trigger. “We’re seeing a significant uptick in enquiries,” he said. “There’s real value in the Joburg property market right now – especially compared to the inflated prices in places like Cape Town.” Kohler makes a compelling case. Secure residential estates are offering freestanding homes at prices that would barely cover a two-bedroom apartment in Cape Town. And with some suburbs yielding 10% net rental returns, it’s a sweet spot for both investors and first-time homeowners. 

Emerging Trends in the Property Market 

Of course, the concerns haven’t disappeared. Infrastructure and safety remain sticking points. But Kohler argues that areas like Fourways, Greenstone, and parts of Sandton are beginning to show traction – especially those benefiting from Gautrain expansion and improved amenities.  Even previously overlooked neighbourhoods, like Lombardy East and Linbro Park, are catching investor attention. Their proximity to commercial hubs is reshaping perceptions and prices of the Johannesburg property market. 

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Final Thoughts 

While this might not be a full-blown boom just yet, Kohler is confident the worst is over. “Those who were going to emigrate have already done so,” he says. “The people who remain are here to stay – and that’s stabilising the property market.” Could this be the start of a quiet property resurgence in Gauteng? Tune in to Hot Business to find out more.