Property prices in Melrose
The typical asking price in Melrose, Johannesburg, Gauteng is R 13 800 000 for a house and R 2 087 500 for an apartment. The typical house price in Melrose is 765% above the typical Johannesburg price of R 1 595 000. Of the 100 suburbs in Johannesburg with a typical house price, Melrose has the 2nd highest. Figures updated in November 2026.
Prices for sale in Melrose
| Home type | Median asking price | Median per m² | Middle 50% per m² | Confidence |
|---|---|---|---|---|
| Houses | R 13 800 000 | R 21 474 | — | 2 / 5 |
| Apartments | R 2 087 500 | R 30 262 | R 18 507 – R 34 091 | 3 / 5 |
| Townhouses | R 3 145 000 | — | — | — |
| Bedrooms | Apartments |
|---|---|
| 2 bedrooms | R 2 180 000 |
Rents in Melrose
| Home type | Median rent / month | Median per m² / month | Confidence |
|---|---|---|---|
| Houses | R 60 000 | R 240 | 1 / 5 |
| Apartments | R 20 500 | R 200 | 2 / 5 |
| Townhouses | R 32 300 | — | — |
Suburbs bordering Melrose
| Suburb | Town | House price | Apartment price | Townhouse price | House rent / month | Apartment rent / month | Townhouse rent / month |
|---|---|---|---|---|---|---|---|
| Melrose | Johannesburg | R 13 800 000 | R 2 087 500 | R 3 145 000 | R 60 000 | R 20 500 | R 32 300 |
| Melrose Estate | Johannesburg | R 15 225 000 | R 1 800 000 | R 5 800 000 | R 43 750 | R 15 000 | R 29 600 |
| Dunkeld | Johannesburg | R 12 000 000 | R 3 297 500 | R 4 200 000 | R 79 000 | R 20 000 | — |
| Birdhaven | Johannesburg | R 17 900 000 | R 1 650 000 | — | — | R 25 000 | — |
| Illovo | Sandton | R 11 200 000 | R 1 500 000 | R 3 750 000 | R 5 250 | R 14 000 | R 35 000 |
| Rosebank | Johannesburg | R 2 319 999 | R 2 410 000 | R 4 200 000 | R 9 200 | R 18 000 | R 23 500 |
Grey figures are indicative.
Figures are asking prices, not completed sale prices. Data last updated: .