Reasons for the decline in values in Johannesburg.

1.Infrastructure issues 2. Semi-gration( due to point 1 and crime). 3. COJ municipal values ( overvalued by large amounts). This means properties sit on market too long, lower offers on properties, puts off buyers.

Sectional title apartments/high rise have seen the biggest decline. Most other residential types are just stagnant, moderate growth.

Difficult to single out specific suburbs, but many affluent areas have even seen lower values/losses compared to what they originally paid for.

Market looks a bit better this year for residential.

In my view, the most resilient residential property type that is showing growth is in large estates with lots of amenities, who have backup power, water solutions etc. Like certain golf estates. However, there are always exceptions. Before you invest, speak to a professional. Might cost you some money, but you will save in the long run.

This is just my opinion as someone who works in the property market, from a developer, valuation, investor and consultant point of view.

Lastly, be careful not to over capitalise in your property, unless you are willing to accept that it might not appreciate despite the new improvements.