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Gauteng & Western Cape July auctions In Rosebank, Johannesburg on 24 July properties valued at R190m will go under the hammer, with the Cape Town auction in Newlands on 25 July.Average ER price still under R1mThe East Rand property market is poised for take off, with awareness growing of the appeal of Gautengs most "user-friendly" area. By Eugene BrinkLuxury property market: What sets it apart is more than price What sets the luxury market apart is its independence from broader economic trends and understanding what drives this market requires looking beyond the numbers to the intangibles that define true luxury.