Property prices in Waterfall, Midrand
The typical asking price in Waterfall, Midrand, Gauteng is R 5 500 000 for a house and R 2 000 000 for an apartment. The typical house price in Waterfall is 41% above the typical Midrand price of R 3 899 000. At R 20 983 per m², houses in Waterfall cost 20% more than the Midrand figure of R 17 500, which points to larger homes. Of the 29 suburbs in Midrand with a typical house price, Waterfall has the 8th highest. Apartments typically rent for R 14 500 a month, houses for R 23 250. Apartments in Waterfall return a gross rental yield of 10,9%, below the Midrand figure of 15,0%. Figures updated in November 2026.
Prices for sale in Waterfall
| Home type | Median asking price | Median per m² | Middle 50% per m² | Confidence |
|---|---|---|---|---|
| Houses | R 5 500 000 | R 20 983 | R 18 438 – R 25 276 | 4 / 5 |
| Apartments | R 2 000 000 | R 20 435 | R 17 742 – R 24 583 | 5 / 5 |
| Townhouses | R 1 299 999 | R 11 017 | — | 2 / 5 |
| Bedrooms | Houses | Apartments |
|---|---|---|
| 1 bedroom | — | R 1 077 000 |
| 2 bedrooms | — | R 2 174 950 |
| 3 bedrooms | R 4 800 000 | R 2 350 000 |
| 4 bedrooms | R 9 992 500 | — |
Rents in Waterfall
| Home type | Median rent / month | Median per m² / month | Middle 50% per m² | Confidence |
|---|---|---|---|---|
| Houses | R 23 250 | R 148 | R 127 – R 179 | 3 / 5 |
| Apartments | R 14 500 | R 186 | R 158 – R 211 | 5 / 5 |
| Townhouses | R 25 500 | R 266 | — | 1 / 5 |
| Bedrooms | Apartments |
|---|---|
| 1 bedroom | R 9 165 |
| 2 bedrooms | R 17 907 |
| 3 bedrooms | R 19 602 |
Gross rental yield by home type in Waterfall
| Home type | Gross yield |
|---|---|
| Apartments | 10,9% |
Suburbs bordering Waterfall
| Suburb | Town | House price | Apartment price | Townhouse price | House rent / month | Apartment rent / month | Townhouse rent / month |
|---|---|---|---|---|---|---|---|
| Waterfall | Midrand | R 5 500 000 | R 2 000 000 | R 1 299 999 | R 23 250 | R 14 500 | R 25 500 |
| Waterfall Country Estate | Midrand | R 14 499 000 | R 1 225 000 | — | R 73 500 | R 22 000 | — |
| Sunninghill | Sandton | R 2 385 000 | R 995 000 | R 1 549 500 | R 12 900 | R 9 650 | R 19 500 |
| Glen Austin AH | Midrand | R 4 150 000 | R 900 000 | R 1 544 500 | R 11 500 | R 14 000 | R 16 500 |
| Buccleuch | Sandton | R 2 175 000 | R 699 000 | R 1 250 000 | R 21 000 | R 7 500 | R 10 600 |
| Waterfall Country Village | Midrand | R 7 800 000 | R 880 000 | — | R 55 000 | — | — |
| Modderfontein | Edenvale | R 3 050 000 | R 1 100 000 | R 2 290 000 | R 32 375 | — | — |
| Woodmead | Sandton | R 4 940 000 | R 1 049 000 | R 1 849 500 | R 35 000 | R 15 000 | R 35 000 |
| Vorna Valley | Midrand | R 2 150 000 | R 760 000 | R 899 000 | R 19 000 | R 8 075 | R 9 500 |
Grey figures are indicative.
Figures are asking prices, not completed sale prices. Data last updated: .