South Africa’s first credit ratings upgrade in 20 years has injected renewed confidence into the property market.
S&P Global raised the country’s long-term foreign-currency rating to BB (from BB–) and lifted the local-currency rating to BB+, citing a more stable fiscal outlook, more substantial public revenues, and reform momentum at key state-owned companies.
For property developers, investors, and homebuyers in Johannesburg, this could be the inflexion point they’ve been waiting for. A stronger sovereign rating could translate into cheaper development capital, increased foreign investment, renewed infrastructure momentum and rising residential demand, all of which may spur a commercial real estate revival as local and international companies regain confidence in Johannesburg’s long-term stability.
Given this macroeconomic tailwind, here are some of the most compelling suburbs in Johannesburg to watch and invest in right now.
Midrand
Perfectly positioned between Joburg and Pretoria, Midrand is booming with new developments, especially around Waterfall. Its modern estates, excellent schools, and growing commercial district make it one of the most active investment zones in the country.
Sandton
South Africa’s financial heart remains a solid long-term investment. While price points vary widely, Sandton offers strong rental yields, ongoing development, and proximity to major corporate headquarters, ensuring steady demand from professionals. Bryanston, in particular, is experiencing strong transaction volumes and a mix of sectional-title developments, according to local realtors at Homes of Distinction.
Fourways
After years of rapid growth, Fourways is solidifying its reputation as a family-friendly hub with major infrastructure upgrades, new lifestyle estates, and retail centres that consistently draw foot traffic. Properties in this area offer competitive value with strong potential for future appreciation.
Randburg
Offering some of the best value-for-money properties close to key business districts, Randburg is gaining traction among first-time buyers and young families. Suburbs like Linden (one of the coolest neighbourhoods in the world in 2025), Blairgowrie, and Fairland offer affordability, lifestyle perks, and steady growth.
Braamfontein
Inner-city renewal is pushing Braamfontein back onto the radar. It’s a hotspot for student accommodation and young professionals. Data from the Africanvestor suggests high rental yields in this area. As Jozi’s economic fundamentals improve, demand for well-located, small- to medium-sized units is expected to surge.
Rosebank
Still one of the most desirable mixed-use precincts in the city, Rosebank continues to attract young professionals and investors thanks to its walkability, thriving restaurant scene, world-class art galleries, and seamless access to the Gautrain. With ongoing development and strong rental demand, it remains a smart buy.
While the ratings upgrade is a significant confidence boost, it doesn’t eliminate the risks. South Africa’s growth outlook remains modest, and structural challenges, including infrastructure gaps, crime, and uneven service delivery, continue to affect parts of Johannesburg. The recovery is also likely to be uneven, with established northern suburbs benefiting sooner than inner-city or emerging areas.
Still, the upgrade marks a rare and meaningful shift in momentum, one that could reset confidence, draw fresh investment and spark new development across Johannesburg.