Market reports/Cape Town
Propstock Market Intelligence

Cape Town Property Market Report

🇿🇦South Africa·Africa·Priced in USD·Updated Q2 2026

Cape Town offers world-class lifestyle at a favourable exchange rate, drawing semigration and international second-home demand.

propstock.com/market-reports/capetown
6.2%
Avg. gross yield
+9%
Price growth YoY
$2,400
Avg. price / m²
28 days
Median time to let
Executive summary

Cape Town combines a globally-ranked lifestyle with attractive USD pricing on the back of a weaker rand, fuelling both domestic “semigration” and international second-home buying. The Atlantic Seaboard leads prime pricing, while the City Bowl and southern suburbs offer stronger yields. Short-let demand along the coast is a significant income driver.

Key indicators
Sales volume YoY+13%
Avg. days on market46 days
Units in pipeline4,800
Sale-to-asking ratio95%
Price index
Trending up
Residential price index (USD) · rebased to 100 at latest month
12 months agoLatest
Transactions by type
Share of deals, last 12 months
Apartments56%
Houses34%
New-build10%
The rest is free to read
Inside the full Cape Town report
Neighbourhood breakdown
Yields, pricing & growth for 5 areas
Rental market data
Rents, occupancy & growth
Buyer-origin analysis
Where demand is coming from
3-year price forecast & outlook
Our view to 2028
Downloadable PDF
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