Popular DJ Barney Simon shares evidence of SA’s sobering property data
Well-known South African DJ Barney Simon has shared the latest three-bedroom property stats from around the country.
Black News 
Well-known South African DJ Barney Simon surprised his Facebook followers somewhat this week when instead of music-related post – or one regarding his beloved Everton – he shared the latest three-bedroom property stats from around the country.
Simon, who these days can be heard on Jacaranda FM Monday to Friday and on Sunday evenings, sourced the stats as at 29 April 2026.
The figures clearly showed that South Africa’s residential property market continues to highlight stark regional contrasts, with the Western Cape dominating average asking prices for three-bedroom homes.
The market data reveals that Stellenbosch now commands the country’s highest average asking price for a three-bedroom property at R5.355 million, surpassing even Cape Town, where the average stands at R4.995 million.
Western Cape leads premium housing demand
Cape Town remains South Africa’s most expensive major metro for family homes, driven by sustained semigration, lifestyle appeal, and strong investor demand.
Stellenbosch’s premium reflects its growing status as a sought-after lifestyle, education, and wine-region destination.
George has also emerged as one of the country’s strongest-performing regional markets, with an average asking price of R3.125 million, significantly above most inland metros.
Major metro averages
- Cape Town – R4.995 million
- Pretoria – R1.59 million
- Durban – R1.55 million
- East London – R1.45 million
- Johannesburg – R1.35 million
- Gqeberha – R1.33 million
- Bloemfontein – R1.3 million
- Germiston – R1.25 million
Regional cities and towns of interest
- Nelspruit – R1.699 million
- Polokwane – R1.646 million
- Welkom – R1.425 million
- Potchefstroom – R1.2 million
- Mthatha – R1.2 million
- Rustenburg – R1.189 million
- Pietermaritzburg – R990 000
- Kimberley – R950 000
- Vanderbijlpark – R795 000
Housing affordability divide deepens
The data highlights a widening affordability divide between coastal lifestyle destinations and more traditional inland urban centres.
While Gauteng’s major metros remain comparatively affordable relative to economic opportunities, buyers are paying substantial premiums for property in the Western Cape, where lifestyle migration and limited stock continue to push prices upward.
Outlook
Property analysts suggest that semigration trends, remote work flexibility, and continued demand for secure lifestyle estates are likely to sustain price pressure in premium markets such as Cape Town, Stellenbosch, and George, while inland markets may remain more accessible for middle-income buyers seeking value.
Do the figures look accurate based on what you know about the area in which you reside?
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