1 Properties for sale in Benoni

With the easing in the consumer price inflation rate in recent months hopefully indicating that the interest rate hiking cycle is at an end, despite September's fuel hike, market sentiment in South Africa’s housing market remains positive, as indicated in the Pam Golding Residential Property Index, by the ongoing recovery which rose to 4.1% in July (2023), says Dr Andrew Golding, chief executive of the Pam Golding Property group.

Millennials are increasingly heading to the property market according to agents from the Seeff Property Group. Data from Lightstone confirms that this buyer demographic now comprises upwards of 30% to 42% of all property purchasers, especially in the main urban areas.

Construction is well underway at the recently launched Ryn Village Retirement Estate in Benoni, where 14 of the total of 285 life-right units have been snapped up, mainly by local residents securing their retirement accommodation for the rest of their lives.