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Big stands and affordable property in Joburg South’s Kibler ParkIn Johannesburg’s southern suburb of Kibler Park, smaller homes are selling for R800k to R1m, while older houses on bigger stands are priced between R1m and R1.5m. Top home locations for Black DiamondsAreas such as Bryanston and Dainfern are a popular option with Black Diamonds who still constitute only about 20 percent of the buyers in Sandton.Expectations for another interest rate cut in November On 21 November 2024, the Monetary Policy Committee will deliver their decision regarding the interest rate. With South Africa's inflation easing and global central banks cautiously beginning rate cuts, the overall sentiment is that there is likely to be a further cut of around 0.25%.