Welcome to Randfontein; a town that – similarly to Johannesburg and other Gauteng‘s well established towns - owes its origins to the Witwatersrand Gold Rush in the late 1800's. It was in 1890 when this mining town was formally established and administered by Krugersdorp after the government of Transvaal decided to buy 428 ha of the Perdekraal farm in order to establish an administrative centre for the mines that were developing in and around the area. In 1929, Randfontein was proclaimed an independent municipality. Along with Mogale City , Westonaria Local Municipality and Merafong City, Randfontein Local Municipality forms a part of the West Rand District Municipality.
Although still an industrial town of the West Rand District Municipality, Randfontein has over the years turned into a well established residential area as well. According to a 2011 census, Randfontein has a population of about 150 000.
Randfontein has 63 active suburbs.
Between 2015-10-01 to 2016-09-30:
Compared to the previous year(2014-10-01 to 2015-09-30):
Full Title and Sectional Title sales in Randfontein had a combined value of R 551,197,738 with a median price of R 500,000 compared to R 457,487,428 with the median price of R450,000 for the prior period.
Full Title sales in Randfontein had a total value of R 478,786,886 with a median price of R 555,000 compared to R 357,625,855 with the median price of R577,500 for the prior period.
Sectional Title sales in Randfontein had a total value of R 72,410,852 with the median price of R 360,000 compared to R 99,861,573 with the median price of R279,000 for the prior period.
For more information regarding property valuations and suburb trends for Randfontein visit www.SAPTG.co.za
Although Randfontein doesn't have the best climate in Gauteng, the development in the area is slowly turning this town into an ideal residential area. The average summer temperature in Randfontein is about 27.7 °C while winters' maximum is about 16.8 °C. Even though surrounded by mine dumps, lying attractively on the North West of Randfontein is Magaliesberg and Witwatersberg mountains giving residents and tourists of the area a great scenic view of nature.