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Hout Bay sees big boost in buyers; Sectional title property in Gauteng a sweet spot for buyers Hout Bay sees big boost in buyers, offering property on the low and high-end. In the meantime there has been a notable shift in the urban property markets in Gauteng with sectional title property currently being a sweet spot for buyers. Millennials now comprise up to 40% of all property purchasers Millennials are increasingly heading to the property market, with this buyer demographic now comprising upwards of 30% to 42% of all property purchasers, especially in the main urban areas. Johannesburg and Pretoria suburbs offering properties from R500k and up With homes from R500k and close to outstanding schools, fabulous amenities and shopping destinations, these Johannesburg and Pretoria suburbs are great for first-time buyers, young professionals and families.
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