Property prices in Parktown
The typical asking price in Parktown, Johannesburg, Gauteng is R 4 900 000 for a house and R 790 000 for an apartment. The typical house price in Parktown is 207% above the typical Johannesburg price of R 1 595 000. Of the 100 suburbs in Johannesburg with a typical house price, Parktown has the 9th highest. Apartments typically rent for R 8 700 a month. Figures updated in November 2026.
Prices for sale in Parktown
| Home type | Median asking price | Median per m² | Middle 50% per m² | Confidence |
|---|---|---|---|---|
| Houses | R 4 900 000 | R 6 691 | — | 2 / 5 |
| Apartments | R 790 000 | R 6 875 | R 5 963 – R 8 182 | 4 / 5 |
| Bedrooms | Apartments |
|---|---|
| 1 bedroom | R 639 999 |
| 2 bedrooms | R 765 000 |
| 3 bedrooms | R 1 195 000 |
Rents in Parktown
| Home type | Median rent / month | Median per m² / month | Confidence |
|---|---|---|---|
| Houses | R 25 000 | R 40 | 2 / 5 |
| Apartments | R 8 700 | R 133 | 3 / 5 |
Suburbs bordering Parktown
| Suburb | House price | Apartment price | Townhouse price | House rent / month | Apartment rent / month | Townhouse rent / month |
|---|---|---|---|---|---|---|
| Parktown | R 4 900 000 | R 790 000 | — | R 25 000 | R 8 700 | — |
| Forest Town | R 4 150 000 | R 7 600 000 | — | R 42 000 | R 15 250 | — |
| Westcliff | R 16 800 000 | — | — | R 25 000 | R 45 000 | — |
| Houghton Estate | R 7 985 000 | R 2 225 000 | R 7 375 000 | R 47 500 | R 17 500 | R 25 000 |
| Killarney | R 1 999 999 | R 1 550 000 | R 2 425 000 | — | R 14 000 | — |
| Hillbrow | — | R 235 000 | — | R 2 000 | R 3 150 | — |
| Richmond | R 1 350 000 | R 540 000 | — | — | R 5 000 | — |
| Saxonwold | R 9 100 000 | R 1 987 500 | R 1 740 000 | R 23 000 | R 11 000 | R 10 200 |
| Melville | R 2 062 500 | R 547 500 | R 1 799 999 | R 14 000 | R 6 000 | — |
Grey figures are indicative.
Figures are asking prices, not completed sale prices. Data last updated: .