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Rental yield in City Centre, October 2026
What an apartment in City Centre rents for, and what its owner keeps after rates, levies, management and empty months, by apartment size. Built from 2,816 registered sales; rents are estimated, not observed.
By Samantha, Sellect · Updated 21 October 2026 · MethodYield in City Centre at a glance
Sellect estimates · method at the bottom of the pageRent and yield by size in City Centre
Median price of apartments sold since January 2025 in each size band; rent from the Sellect yield model; costs as in your free report.
In City Centre, the best net yield on these estimates comes from Over 150 m² units: about 5.6 % net on a median price of R6.62m. Small units rent for more per m², but levies and rates weigh more on them, which is why net yields converge across sizes.
| Size | Median price | Rent a month | Gross yield | Rates a year | Levies a year | Net yield |
|---|---|---|---|---|---|---|
| Studio (under 45 m²)537 sales · median 33 m² | R1.80m | R9,900 | 6.6 % | R8,400 | R17,760 | 4.4 % |
| 45 to 70 m²346 sales · median 55 m² | R2.44m | R15,700 | 7.7 % | R12,500 | R29,760 | 5.1 % |
| 70 to 100 m²209 sales · median 80 m² | R3.30m | R21,900 | 8.0 % | R18,000 | R43,200 | 5.2 % |
| 100 to 150 m²92 sales · median 112 m² | R4.22m | R29,900 | 8.5 % | R23,900 | R60,480 | 5.5 % |
| Over 150 m²49 sales · median 214 m² | R6.62m | R49,700 | 9.0 % | R39,400 | R115,560 | 5.6 % |
City Centre against its neighbours
Median apartment in each suburb, same model and costs.
| Suburb | Median size | Rent a month | Gross | Net |
|---|---|---|---|---|
| Cape Town City Centre | 48 m² | R14,300 | 7.1 % | 4.7 % |
| Bo-Kaap | 76 m² | R23,100 | 7.3 % | 4.8 % |
| Gardens | 71 m² | R18,700 | 7.5 % | 4.8 % |
| Green Point | 80 m² | R24,500 | 6.4 % | 4.1 % |
| Vredehoek | 79 m² | R22,500 | 7.5 % | 4.9 % |
What does your City Centre apartment earn?
Your exact rent, net yield and the three letting strategies compared (long-term, mid-term, hybrid), for your own unit. Free, in 60 seconds.
How these yields are built
Estimated rents, not observed
Sellect does not yet collect actual leases. Rents come from a gross-yield model that falls as the price per m² rises, calibrated on 2026 listings and the PayProp Western Cape rent index. Your building, view, furnishing and season can move the real rent by 20 % or more.
What is taken off
Municipal rates at the City’s 2026/27 residential rate (0.006428 per rand, first R500,000 exempt for homes up to R8m), levies estimated at R45 per m² a month, letting and management at 8 % of the rent, and 4 % of the year empty. Not included: your bond, maintenance, contents insurance and income tax.
Frequently asked questions
What is the rental yield in City Centre?
On Sellect estimates, a median 48 m² apartment in City Centre rents for about R14,300 a month: a gross yield of about 7.1 % and a net yield of about 4.7 % after rates, levies, management and vacancy.
Which apartments yield the most in City Centre?
On these estimates, Over 150 m² units: about 5.6 % net on a median price of R6.62m. Check the figure for your own unit with the free yield calculator.
Are these rents real?
No. They are estimates from the price level, not observed leases. Your report lets you enter your actual rent and levy for an exact figure.