Property prices in Richmond, Johannesburg
The typical asking price in Richmond, Johannesburg, Gauteng is R 540 000 for an apartment. The typical apartment price in Richmond is 27% below the typical Johannesburg price of R 735 000. At R 10 261 per m², apartments in Richmond cost 5% less than the Johannesburg figure of R 10 833, which points to smaller homes. Of the 70 suburbs in Johannesburg with a typical apartment price, Richmond has the joint 19th lowest. The typical apartment price in Richmond is lower than in both bordering suburbs that have one. Figures updated in November 2026.
Prices for sale in Richmond
| Home type | Median asking price | Median per m² | Middle 50% per m² | Confidence |
|---|---|---|---|---|
| Houses | R 1 350 000 | R 4 974 | — | 1 / 5 |
| Apartments | R 540 000 | R 10 261 | R 10 068 – R 12 870 | 3 / 5 |
Rents in Richmond
| Home type | Median rent / month |
|---|---|
| Apartments | R 5 000 |
Suburbs bordering Richmond
| Suburb | House price | Apartment price | Townhouse price | House rent / month | Apartment rent / month |
|---|---|---|---|---|---|
| Richmond | R 1 350 000 | R 540 000 | — | — | R 5 000 |
| Braamfontein Werf | R 2 249 000 | R 550 000 | — | — | R 5 200 |
| Auckland Park | R 1 999 000 | R 675 000 | — | R 4 650 | R 6 200 |
| Parktown | R 4 900 000 | R 790 000 | — | R 25 000 | R 8 700 |
| 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: .