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Fresnaye · Property market report

Fresnaye property prices, October 2026

In the 12 months to Jun 2026, the median house in Fresnaye sold for R21.50m, based on 225 registered sales recorded by Sellect since 2023. Comparing sales in the same buildings, apartment prices are up 20 % since 2023.

Value my Fresnaye home

Fresnaye climbs from Sea Point towards Lion's Head: a quiet residential suburb where houses outsell apartments, the median house sold for R21.50m over the last 12 months, and like-for-like apartment prices rose 20 % between 2023 and 2025.

+20 % since 2023225 registered sales11 buildings traded

Data: City of Cape Town public records, 225 registered sales, last updated October 2026.

By Samantha, Sellect · Sales registered Jan 2023 to Jun 2026 · Updated 21 October 2026 · Method
Every dot is a home sold since 2023Price per m² high

Fresnaye in 60 seconds

City of Cape Town registered sales · method at the bottom of the page
R9.40mMedian apartment price, last 12 months (16 sales)
R72,330Median apartment price per m²
Jan 2023 → Dec 2025+20 %Apartment prices since 2023, same buildings compared
38 sales+14 %Above the 2025 municipal value, on sales since July 2025
R1.3bnValue of homes sold in 2025 (72 sales)
R21.50mMedian house price, last 12 months (39 sales)
5.9 % grossR45,900/moTypical rent for a median 138 m² apartment (estimate)
median +28 %94 %Of owners who resold sold for more than they paid (16 resales)
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1Prices and market size

A house market above Sea Point

Registered transfers take weeks to reach the City’s records, so the most recent months are still filling in. Price trends compare the same buildings over time.

Between January 2023 and June 2026, 225 homes were registered as sold in Fresnaye, worth R4.2bn: 62 to 72 sales a year. Unlike its neighbours, Fresnaye is mostly houses: apartments make up only 40 % of sales, mostly in a few blocks on Kloof Road and High Level Road.

These are neighbourhood medians: your own building, floor, view and condition move the price. For a figure built on the sales around your address, get a free property estimate in Fresnaye, in 60 seconds.

Apartment prices per m², same buildings

10020239920241202025

Index, 2023 = 100. Each sale is compared with other sales in the same building, so a run of big or small units does not distort the trend.

Value of homes sold each year

R1.1bn202367 salesR918m202462 salesR1.3bn202572 salesR810m202624 sales

Sum of registered sale prices, apartments and houses. 2026 is partial: January to Jun 2026 so far.

Apartments and houses

55sales
  • Apartments16 sales · median 138 m²R9.40m
  • Houses39 sales · median 281 m² living areaR21.50m

Last 12 months, median prices. Dark: apartments · light: houses.

What homes sell for

Under R2m1
R2m to R4m4
R4m to R6m3
R6m to R10m17
R10m to R20m36
Over R20m35

Sales registered since January 2025, all homes.

Exclusive

Selling above the municipal value

+14 %

Since the City’s valuation date of 1 July 2025, homes in Fresnaye have sold for a median of +14 % their 2025 municipal value. 79 % sold above it.

38 sales registered after 1 July 2025 with a known 2025 value. The municipal value is not a market price: it is a reference, set by the City, for rates.

Price by apartment size

SizeSalesMedian priceMedian price per m²
100 to 150 m²12R8.45mR61,906
Over 150 m²13R12.90mR73,765

Apartments sold since January 2025. Apartment sales are few in Fresnaye, so read these bands with care: most units sold are large, and prices per m² range from about R62,000 to R74,000.

Latest registered apartment sales

Building or streetRegisteredSizePricePrice per m²
Dunrobin, Kloof RoadJun 202650 m²R3.20mR64,000
Kloof RoadMay 2026134 m²R9.50mR70,896
St John's Wood, St John's RoadMar 2026138 m²R10.35mR75,000
The Avenues, High Level RoadMar 2026162 m²R11.95mR73,765
Avenue Normandie RoadFeb 2026206 m²R10.50mR50,971
Wallendale Residence, Kloof RoadJan 2026131 m²R6.20mR47,328
Avenue la CroixDec 2025147 m²R11.50mR78,231
Upper Clarens RoadDec 2025121 m²R9.30mR76,860
Upper Clarens RoadDec 202558 m²R5.80mR100,000
Dunrobin, Kloof RoadOct 202593 m²R6.20mR66,667

The 10 most recent apartment sales registered in Fresnaye, as published by the City of Cape Town. Unit numbers and owners are not shown.

From the cheapest to the record

Entry price

Cheapest apartments, last 12 months

  • Dunrobin, Kloof Road44 m² · Jul 2025R1.95m
  • St John's Wood, St John's Road138 m² · Sep 2025R3.00m
  • Dunrobin, Kloof Road50 m² · Jun 2026R3.20m
Records

Most expensive apartments since 2023

  • Avenue la Croix403 m² · Sep 2025R49.00m
  • Ocean View Drive333 m² · Mar 2023R42.00m
  • Avenue la Croix403 m² · Dec 2024R39.00m
  • Avenue Protea297 m² · May 2024R36.95m
Records

Most expensive houses since 2023

  • Avenue Deauville892 m² · Apr 2026R152m
  • Avenue Alexandra783 m² · Apr 2026R123m
  • Avenue Fresnaye497 m² · Mar 2025R72.50m
  • Top Road632 m² · Jan 2026R68.50m
2Buildings and streets

11 buildings traded, on Kloof Road and High Level Road

Sectional-title schemes with at least 5 registered sales since January 2023. Prices per m² are medians over the whole period.

The Avenues on High Level Road and Dunrobin on Kloof Road are the most traded blocks, with 11 and 10 sales since 2023. The Avenues sells at a median of R50,595 per m², Dunrobin at R45,991.

BuildingSalesMedian priceMedian sizePrice per m²Range
The AvenuesHigh Level Road11R8.60m182 m²R50,595R6.50m to R12.00m
DunrobinKloof Road10R4.15m92 m²R45,991R1.95m to R6.20m
St MaloKloof Road9R6.00m138 m²R43,478R4.10m to R9.00m
Avenue FrancaiseAvenue Francaise7R4.00m120 m²R39,286R1.38m to R7.40m

The 4 most traded buildings in Fresnaye since January 2023.

Top of the market

Highest price per m²

  • The AvenuesHigh Level Road · 11 salesR50,595/m²
  • DunrobinKloof Road · 10 salesR45,991/m²
  • St MaloKloof Road · 9 salesR43,478/m²
  • Avenue FrancaiseAvenue Francaise · 7 salesR39,286/m²
Value

Lowest price per m²

  • Avenue FrancaiseAvenue Francaise · 7 salesR39,286/m²
  • St MaloKloof Road · 9 salesR43,478/m²
  • DunrobinKloof Road · 10 salesR45,991/m²
  • The AvenuesHigh Level Road · 11 salesR50,595/m²

Often older blocks, smaller balconies or no view: the gap is also an opportunity to renovate.

Streets

Most traded streets

  • Kloof Road22 sales · R44,324/m²R5.70m
  • High Level Road11 sales · R50,595/m²R8.60m

Median apartment price per street.

Houses

Where houses sell

  • Avenue Des Huguenots7 house salesR29.00m
  • Avenue Fresnaye11 house salesR19.50m
  • Arcadia Road5 house salesR19.50m
  • Avenue Disandt9 house salesR18.85m
  • Avenue Alexandra7 house salesR17.35m

Streets with at least 4 house sales since 2023, median price.

Houses

The house market in short

Houses are the heart of the Fresnaye market: 39 sold over the last 12 months at a median of R21.50m, for about 281 m² of living space. Avenue Fresnaye, Avenue la Croix and Avenue Normandy see the most house sales.

3Deals

Owners who resold, and what they made

Built from units registered twice since January 2023 and from sales compared with similar-sized units in the same building.

16 homes were bought and resold within the period: 94 % sold for more than they paid, with a median gain of 28 % after 17 months. Discounts against the building price cannot be measured here: there are too few apartment sales per block.

Resales

Biggest resale gains

+28 %
median gain on resale
17
months held (median)
  • St Malo, Kloof Road138 m² · bought May 2023 for R4.10m, sold Jul 2024+88 %
  • Avenue Francaise, Avenue Francaise35 m² · bought Mar 2023 for R1.38m, sold Mar 2025+71 %
  • Avenue Francaise, Avenue Francaise120 m² · bought Feb 2024 for R4.00m, sold May 2025+59 %
  • Avenue la Croix403 m² · bought May 2023 for R36.00m, sold Sep 2025+36 %
  • Avenue Deauville304 m² · bought Apr 2023 for R18.90m, sold Feb 2025+23 %

Units bought and resold between January 2023 and Jun 2026, held at least 12 months for this list. Big jumps usually follow a renovation.

Rent

What an apartment rents for

R45,900 /month

A median 138 m² apartment in Fresnaye would rent for about R45,900 a month, a gross yield of about 5.9 % and about 3.7 % net after rates, levies, management and empty months.

Sellect estimate from the price level, not observed rents. Rental yield in Fresnaye by apartment size.

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4Life in Fresnaye

Lion's Head, French avenues and Kloof Road

Places and facts checked in October 2026, with sources at the bottom of the page. Opening hours and routes change: check before you go.

Fresnaye climbs the lower slopes of Lion's Head between Signal Hill and Sea Point, which wraps around it to the north and west, with Bantry Bay to the south-west. Its steep, palm-lined avenues, many with French names, are lined with family houses, apartment blocks and penthouses looking out over the Atlantic.

Landmark

Lion's Head

The 669 m peak rises directly behind the suburb. The walk to the top takes about an hour and is especially popular on full-moon evenings.

Outdoors

Table Mountain National Park on the doorstep

The upper streets back onto the national park's Lion's Head trails, and its slopes are a launching point for paragliders.

History

From Winterslust to Fresnaye

The slopes were once Winterslust, an 81 ha estate of vineyards and orchards bought in the early 1800s by Ryk Le Sueur, a lawyer of Huguenot descent. That French heritage lives on in names like Avenue Fresnaye and Avenue des Huguenots.

Views and wind

Sheltered and high up

Fresnaye is one of the parts of Cape Town best protected from the summer south-easter. Head Road, Top Road and the upper end of Avenue Fresnaye are known for their sea views.

Schools

Schools nearby

Families look to Sea Point Primary, Ellerton Primary and Sea Point High nearby, Camps Bay High over the hill, or the French School of Cape Town.

Getting around

MyCiTi 105 and quick drives

MyCiTi route 105 links Sea Point and Fresnaye with the Civic Centre. By car, Sea Point is about four minutes away, the CBD about ten and the airport about 25 via the N2.

5Living here

What residents deal with

Kloof Road still closed

Kloof Road, the mountain road towards Kloof Nek and Camps Bay, has been shut between Kloof Nek Road and Round House Road since storm damage in September 2023, even to cyclists and walkers. Repairs began in March 2026 and the City expects to reopen it by mid-December 2026.

Resurfaced avenues

From 29 January to the end of February 2026 the City resurfaced roads across the area, including Ocean View Drive and Alexandra Avenue, with kerbs, manholes and stormwater drains fixed along the way.

An active ratepayers' association

The Sea Point, Fresnaye and Bantry Bay Ratepayers and Residents Association (SFB) is volunteer-run and funded by members; it comments on heritage and planning applications and adds safety and cleaning projects.

Draft rules for holiday rentals

Under the City's draft Short-Term Letting By-Law, published in August 2026, any home listed on Airbnb or similar platforms would need a City registration number, and those available for more than 50 % of the year could pay commercial rates. Comments closed on 5 October 2026; the by-law is not yet in force.

Frequently asked questions

How much does an apartment cost in Fresnaye in 2026?

Over the last 12 months of registered sales (to Jun 2026), the median apartment in Fresnaye sold for R9.40m, or R72,330 per m². Eight in ten apartments sold between R3.10m and R26.07m, depending on size, building and view.

How much does a house cost in Fresnaye?

Over the last 12 months, 39 houses were registered as sold in Fresnaye at a median of R21.50m, for a median 281 m² of living space.

Are property prices going up in Fresnaye?

Yes. Comparing sales within the same buildings, apartment prices per m² are up +20 % since 2023 and moved +22 % in 2025 alone. Since July 2025, homes have sold for a median of +14 % their 2025 municipal value.

How many properties sell in Fresnaye each year?

72 homes were registered as sold in 2025, worth R1.3bn in total. 2026 registrations are still being recorded.

Which buildings sell the most in Fresnaye?

Since January 2023 the most traded buildings are The Avenues (11 sales), Dunrobin (10 sales), St Malo (9 sales), Avenue Francaise (7 sales).

What rental yield can I expect in Fresnaye?

A median 138 m² apartment rents for about R45,900 a month, a gross yield of about 5.9 %. Net yield, after rates, levies, management and empty months, is about 3.7 %. Your free yield report calculates it for your unit.

Is Fresnaye part of Sea Point?

No, it is a separate suburb of about 0.73 km² on the slopes of Lion's Head, with Sea Point below it to the north and west and Bantry Bay to the south-west. The three share a ward (Ward 54) and a ratepayers' association, and Fresnaye residents use Sea Point's shops, Promenade and schools.

Is Fresnaye windy?

Less than most of Cape Town. Lion's Head shelters it from the summer south-easter, the Cape Doctor, so its gardens and terraces stay usable on days when other suburbs are blasted by wind.

Where do these figures come from?

From sales registered at the Deeds Office and published by the City of Cape Town, matched with the City’s 2025 General Valuation Roll: 225 usable sales in Fresnaye between Jan 2023 and Jun 2026. Bundles, parking bays, storerooms and implausible prices are excluded. Rents are Sellect estimates. Figures are medians and indicative, not a valuation.

Compare with nearby neighbourhoods

Median price per m² of apartments sold since January 2025, same source and method on every page.

What is your home worth in Fresnaye?A value range from the registered sales around your address, in 60 seconds. Free.
Get my free estimate
Sources and method. Property figures: City of Cape Town, registered sales and 2025 General Valuation Roll, analysed by Sellect (225 usable sales; 3 outliers and bundles excluded; data updated 21 October 2026). Price trends compare sales within the same building. Rents: Sellect estimate. Life and practical information, checked in October 2026: