MelvilleProperty Prices & Trends
Verified data · 2026Median sold prices, five-year appreciation and market dynamics for Melville in Johannesburg, Gauteng.
A premium of +22.3% versus the Gauteng baseline.
Sectional title trades at 49% of the local freehold median.
Growth trend engine
Year-over-year %Market dynamics
Blended freehold & sectional rate
Steady absorption
Velocity + growth band
2026 appreciation
Compounded 2022 → 2026
Trailing twelve months
Market absorption speed
Premium to regional baseline
Melville market snapshot
Over the trailing twelve months, Melville recorded approximately 168 residential transactions, with listings spending an average of 78 days on the market. The current demand band is rated Moderate, reflecting both transaction velocity and recent price momentum.
At an average of R 17 800 per square meter, pricing in Melville sits above the wider Gauteng regional baseline by +22.3%. The suburb posted +4.2% year-over-year growth into 2026, for a compounded five-year appreciation of +19.8%.
Buying a home in Melville?
A median freehold home here costs R 2 140 000. At today's prime-linked rates that is roughly R 20 872 per month over 20 years. Calculate your exact monthly repayments, SARS transfer duty, bond registration and legal fees instantly.
Similar suburbs in Johannesburg
Comparably priced areas you may also want to research.