Flatrock, City Centre: apartment prices, October 2026
8 Buiten Street, a sectional-title scheme registered in 2007. Every sale registered here since January 2023, with the price per m², the trend and what a unit would rent for.
18 sales recorded in Flatrock since 2023, median price R2.58m.
Data: City of Cape Town public records, 18 registered sales, last updated October 2026.
By Samantha, Sellect · Sales registered Aug 2023 to Jul 2026 · Updated 21 October 2026 · MethodFlatrock in 60 seconds
City of Cape Town registered sales · method at the bottom of the pageAbout Flatrock
The sectional-title scheme was registered in 2007. By price per m², Flatrock sits at number 31 of the 37 City Centre buildings with five sales or more since 2023, in the cheapest fifth. Four units were bought and resold within the period. The highest price registered here since 2023 was R3.15m, for a unit of 92 m², in Nov 2025.
What Flatrock sells for
Medians of registered sales. With a handful of sales a year, the mix of units sold moves these figures: read the trend with care.
Apartments in Flatrock sell for about 46 % less per m² than the City Centre median, a way into the neighbourhood below its usual price level. Units sold range from 84 m² to 115 m², with a median of 108 m². 18 sales were registered since January 2023, the most in 2024 (7). The median price per m² moved from R23,600 in 2023 and 2024 to R26,800 in 2025 and 2026, +14 %.
Floor, view and condition move the price of each unit: value your apartment in Flatrock against these sales, free.
Median price per m² by year
Number of sales under each year. 2026 is partial.
Against the neighbourhood
Median price per m², sales since January 2025 where available. City Centre median: apartments sold since January 2025.
| Year | Sales | Median price | Median price per m² |
|---|---|---|---|
| 2026 | 2 | R2.58m | R23,124 |
| 2025 | 5 | R2.85m | R27,381 |
| 2024 | 7 | R2.50m | R23,585 |
| 2023 | 4 | R2.30m | R22,553 |
Every sale registered in Flatrock since 2023
Month of registration, unit size and price, as published by the City of Cape Town. Unit numbers and owners are not shown.
| Registered | Size | Price | Price per m² |
|---|---|---|---|
| Jul 2026 | 115 m² | R2.55m | R22,174 |
| Mar 2026 | 108 m² | R2.60m | R24,074 |
| Nov 2025 | 92 m² | R3.15m | R34,239 |
| Oct 2025 | 84 m² | R2.80m | R33,333 |
| Jul 2025 | 112 m² | R3.00m | R26,786 |
| Jul 2025 | 115 m² | R2.85m | R24,783 |
| Feb 2025 | 84 m² | R2.30m | R27,381 |
| Nov 2024 | 108 m² | R3.10m | R28,704 |
| Sep 2024 | 112 m² | R2.10m | R18,750 |
| Aug 2024 | 106 m² | R2.10m | R19,811 |
| Aug 2024 | 109 m² | R2.90m | R26,606 |
| Apr 2024 | 115 m² | R2.30m | R20,000 |
| Feb 2024 | 106 m² | R2.50m | R23,585 |
| Feb 2024 | 106 m² | R2.85m | R26,887 |
| Nov 2023 | 108 m² | R2.30m | R21,296 |
| Nov 2023 | 115 m² | R2.30m | R20,000 |
| Sep 2023 | 84 m² | R2.00m | R23,810 |
| Aug 2023 | 108 m² | R2.60m | R24,074 |
What a unit in Flatrock would earn
Estimates, not observed rents: Sellect model from the price level, the same as in your free report.
Rent for a median unit
A 108 m² unit at the building median of R2.58m would rent for about R19,300 a month: a gross yield of about 9.0 % and about 5.1 % net, after rates, levies, management and empty months.
Rates at the City’s 2026/27 residential rate, levies estimated at R45 per m² a month, management 8 %, vacancy 4 %.
Value your flat in Flatrock
Your floor, view, size and condition move the price. Your free report compares your unit with every sale in Flatrock and gives a value range, the rent and the net yield, in 60 seconds.
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Frequently asked questions
How much does an apartment in Flatrock cost?
Since January 2023, 18 apartments were registered as sold in Flatrock, City Centre, at a median of R2.58m for 108 m², or R24,100 per m². Prices ranged from R2.00m to R3.15m.
Is Flatrock expensive for City Centre?
Units in Flatrock sell for a median of R26,800 per m², 46 % below the City Centre apartment median of R49,400 per m² for sales since January 2025.
What rent can I get for a flat in Flatrock?
About R19,300 a month for a 108 m² unit, a gross yield of about 9.0 % (5.1 % net). This is a Sellect estimate from the price level; your free report adjusts it to your unit.
Where do these figures come from?
From sales registered at the Deeds Office and published by the City of Cape Town, analysed by Sellect. Bundles, parking bays, storerooms and implausible prices are excluded. Figures are medians and indicative, not a valuation.