- Real estate company Seeff revealed that a quarter of Soweto's property market traded between R800 000 and R1.5 million
- Luxury homes in upmarket areas like Diepkloof Extension and Orlando West fetched between R1.8 million and R2.2 million
- South Africans shared strong opinions online after Kasi Economy posted the property figures on Facebook
Source: Getty Images
Soweto's property market is drawing fresh attention after real estate company Seeff released figures showing that prices in the township are climbing steadily. The data, shared by Facebook page Kasi Economy on 20 October 2026, revealed that 25% of homes sold in Soweto last year ranged from R800,000 to R1.5 million.
The bulk of the market, more than 75% of total sales, still traded below R800 000. Within that range, homes priced between R450,000 and R750,000 proved most popular, particularly two- to three-bedroom properties attracting both young families and buy-to-let investors.
Soweto's property prices by area
At the top end of the market, luxury developments and larger family homes in sought-after pockets like Diepkloof Extension and Orlando West reached between R1.8 million and R2.2 million. Areas such as Protea were also noted for growth, with spacious stands and rising valuations.
Seeff linked demand to Soweto's convenience as a location. Proximity to major shopping centres like Maponya Mall and Jabulani Mall, schools, and public transport networks continued to draw young professionals and small families. Many homeowners also added back rooms or flatlets, earning between R2,500 and R3,500 per month in rental income to help service their bonds. Buy-to-let properties in the R450,000 to R750,000 range reportedly delivered gross rental yields of around 10% to 12%.
Mzansi reacts to the Soweto property figures
The post on the Facebook page sparked a lively debate online, with South Africans weighing in on value, crime, and what the figures say about township growth:
@Thabiso Sanyane said:
"Imagine buying a house in a township with a million rand 🤦🤦🤣"
@Peter Selepe wrote:
"Property accumulates guys and the more the location is upgraded it adds value. Soweto has the most amazing places now that are upgraded... at Soweto we have extended our local GDP. We only need Sandton buildings now; you will see that Soweto is the next upcoming Sandton in future."
@Philani Ndaba commented:
"Soweto is actually clean and some areas are very safe. Keep it up AWUYEBO 👌🏽"
@Nkosinathi Mayisela kept it short:
"Buy now or never."
@Mthethwa Sam argued:
"They were supposed to be between R250k and R350k due to crime."
@Zakhe Yende offered a broader view:
"Soweto is a very convenient neighbourhood, and crime is a problem across the country. I'm not surprised houses are at that range considering the convenience of location."
@Aubrey Mohloba pushed back:
"RDP worth a million in a place where garbage is never collected... Rather take that money and build a proper house in Limpopo, Eastern Cape, North West, Durban, etc. A mansion, actually."
See the original post that got South Africans talking:
More on property news
- Briefly News recently reported on Wicknell Chivayo’s brother G6 reportedly building a massive eight-bedroom mansion in Harare, complete with a private office, indoor gym and sauna.
- Families forcibly removed from Protea Village in Bishopscourt are set to return 60 years later, though later than originally planned.
- A Durban-born company has announced a R2 billion investment boost for KZN to expand industrial and logistics property over three years.
Source: Briefly News
Authors:
Tags:
Hot: