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Still value to be had in Gauteng With average house prices in Greater Johannesburg fast approaching the R1m threshold (as measured by Absa's housing index) it's not surprising that property buyers are battling to find good buys for less than a million. However, real estate agents say there are areas that offer value at this end of the market. By Joan MullerVaaloewer stands sell from R135kThe tranquil small town of Vaaloewer, situated on the banks of the Vaal River just 25km from Vanderbijlpark and Parys, is being discovered by home buyers eager to escape from the frenetic pace of big city life.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%.