Welcome to Johannesburg, a South African liveliest city that is also known as Joburg or Jozi. This city was founded more than 120 years ago when gold was discovered by George Harrison, an Australian prospector who came to South Africa in search of mineral wealth. Prior to a commencement of gold mining in Jozi, Johannesburg or rather Witwatersrand as it was known at the time because of the white water springs that were flowing in the area, this now overly populated city of close to 4 million inhabitants was a mere hilly plain that was covered by grass, trees and streams.
Johannesburg is currently a largest Metropolis in South Africa; not in terms of area coverage but by population. It is the economic powerhouse of South Africa if not the entire African continent. It might not be the capital city of the country but Johannesburg is undeniably South Africa's financial capital city with almost 40% of the world's entire gold coming from here. Johannesburg is probably one of the world's fastest growing cities with its suburbs stretching out even further every year, so much so that the inner city alone has about 3.8million inhabitants. It is the provincial capital of Gauteng - which means "the place of gold" and a city of hope for numbers of people whom has descended from many parts of the world to realise their dreams. This makes Johannesburg an ideal residential area for career-driven and business-orientated prospective homebuyers.
There are a total number of 426 suburbs in Johannesburg (Property for sale in Johannesburg). In the past 12 months (2013-07-01 to 2014-06-30) there were 11,711 property sales with an average registration period of 128 days. Total count of Full Title sales were 7,306 and 4,405 for Sectional Title properties. (Houses for sale in Johannesburg)
The sales in the prior year (2012-07-01 to 2013-06-30) was 11,922 property sales with an average registration period of 130 days. Total count of Full Title sales were 7,232 and 4,690 for Sectional Title properties.
The total Real Estate Sales value for Full Title and Sectional Title sales in Johannesburg were R 23,282,578,518 with the median price of R 785,000 compared to R 21,475,070,009 with the median price of R 800,000 for the prior period.
The total Real Estate Sales value for Full Title sales in Johannesburg were R 19,749,667,095 with the median price of R 980,000 compared to R 17,202,969,365 with the median price of R 970,000 for the prior period.
The total Real Estate Sales value for Sectional Title sales in Johannesburg were R 3,532,911,423 with the median price of R 582,175 compared to R 4,272,100,644 with the median price of R 583,500 for the prior period. (Johannesburg Property and Houses for sale)
Want to Buy property in Johannesburg? Johannesburg property for sale include Clusters, townhouses and houses. For more information regarding property valuations and suburb trends for Johannesburg visit www.SAPTG.co.za
This South Africa's city of skyscrapers is also known for its fast-paced lifestyle. Although the majority of Johannesburg's residents are mostly career-driven, it is a fact well known that Jozi and fun are synonymous, a perfect place for one to balance work and play.
Amongst a plethora of places to pop in for fun in Johannesburg is Gold Reef City, a world-class theme park which was created around an authentic 19th Century Gold Mine. This amusement park doesn’t only offer the visitors a variety of fun-rides but a pool of South African history as well. It is the home of Apartheid museum, which makes Gold Reef City a number one tourists’ destination in Johannesburg. Johannesburg is also the home of South African Broadcasting Commission (SABC) Head Quaters, which is situated in Auckland Park, one of Joburg's earliest suburbs.
So, if planning to buy or rent a Full or Sectional title property in Johannesburg, rest assured that other than easy access into the city's economical hubs such as Sandton and other industrial areas, the options for entertainment, art and education are limitless as well. A family with children can choose to either go to Johannesburg Zoo or Sci Bono for edu-tainment and art lovers can either visit the recently refurbished Johannesburg Art Gallery always referred to as JAG or Market Theatre in Newtown or Arts on Main, the new art district in down town Johannesburg for the finest restaurants and art exhibitions.