Property prices in Illovo
The typical asking price in Illovo, Sandton, Gauteng is R 11 200 000 for a house and R 1 500 000 for an apartment. The typical house price in Illovo is 152% above the typical Sandton price of R 4 450 000. Of the 31 suburbs in Sandton with a typical house price, Illovo has the 4th highest. The typical house price in Illovo is lower than in all 3 bordering suburbs that have one. Apartments typically rent for R 14 000 a month. Figures updated in November 2026.
Prices for sale in Illovo
| Home type | Median asking price | Median per m² | Middle 50% per m² | Confidence |
|---|---|---|---|---|
| Houses | R 11 200 000 | R 16 560 | — | 2 / 5 |
| Apartments | R 1 500 000 | R 13 415 | R 11 313 – R 17 441 | 4 / 5 |
| Townhouses | R 3 750 000 | R 18 103 | — | 2 / 5 |
| Bedrooms | Apartments |
|---|---|
| 1 bedroom | R 1 100 000 |
| 2 bedrooms | R 1 500 000 |
| 3 bedrooms | R 1 850 000 |
Rents in Illovo
| Home type | Median rent / month | Median per m² / month | Middle 50% per m² | Confidence |
|---|---|---|---|---|
| Houses | R 5 250 | R 292 | — | 1 / 5 |
| Apartments | R 14 000 | R 159 | R 140 – R 210 | 4 / 5 |
| Townhouses | R 35 000 | R 134 | — | 1 / 5 |
| Bedrooms | Apartments |
|---|---|
| 1 bedroom | R 9 943 |
| 2 bedrooms | R 15 889 |
Gross rental yield by home type in Illovo
| Home type | Gross yield |
|---|---|
| Apartments | 14,2% |
Suburbs bordering Illovo
| Suburb | Town | House price | Apartment price | Townhouse price | House rent / month | Apartment rent / month | Townhouse rent / month |
|---|---|---|---|---|---|---|---|
| Illovo | Sandton | R 11 200 000 | R 1 500 000 | R 3 750 000 | R 5 250 | R 14 000 | R 35 000 |
| Inanda | Sandton | R 15 000 000 | — | — | R 25 000 | R 22 500 | — |
| Hyde Park | Sandton | R 15 875 000 | R 2 925 000 | R 4 582 500 | R 85 000 | R 24 000 | R 41 500 |
| Atholl | Sandton | R 11 450 000 | R 1 500 000 | R 2 497 000 | R 45 000 | R 18 000 | R 21 500 |
| Melrose North | Johannesburg | R 2 200 000 | R 1 550 000 | — | R 15 000 | R 20 000 | — |
| Melrose | Johannesburg | R 13 800 000 | R 2 087 500 | R 3 145 000 | R 60 000 | R 20 500 | R 32 300 |
| Birdhaven | Johannesburg | R 17 900 000 | R 1 650 000 | — | — | R 25 000 | — |
| Fairway | Sandton | — | R 2 792 500 | — | — | — | — |
| Dunkeld | Johannesburg | R 12 000 000 | R 3 297 500 | R 4 200 000 | R 79 000 | R 20 000 | — |
Grey figures are indicative.
Figures are asking prices, not completed sale prices. Data last updated: .