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Gardens · Building price report

Platteklip, Gardens: apartment prices, October 2026

5 Derwent Rd, a sectional-title scheme registered in 1986. Every sale registered here since January 2023, with the price per m², the trend and what a unit would rent for.

21 sales recorded in Platteklip since 2025, median price R2.69m.

21 registered salesR38,900/m² median
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Data: City of Cape Town public records, 21 registered sales, last updated October 2026.

By Samantha, Sellect · Sales registered Apr 2025 to Dec 2025 · Updated 21 October 2026 · Method
Gold: Platteklip · grey: homes sold in Gardens since 2023

Platteklip in 60 seconds

City of Cape Town registered sales · method at the bottom of the page
R2.69mMedian sale price since 2023 (74 m² median)
R38,900Median price per m² since 2023
21 salesR38,900Median price per m², 2025 and 2026
R42,000/m²−7 %Compared with the Gardens apartment median per m²
R1.22m to R3.67m21Registered sales since January 2023
R18,300/moEstimated rent for a median 74 m² unit
estimate8.2 %Estimated gross yield (5.2 % net)
What is your home worth in Gardens?Compare your unit with every sale in Platteklip: a value range, the rent and the net yield, in 60 seconds. Free.
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1The building

About Platteklip

One unit was bought and resold within the period. Among 38 Gardens buildings with at least five sales since 2023, Platteklip ranks above the neighbourhood median by price per m² (number 18). Flats sold here since 2023 are mostly one- and two-bedroom sizes: a median of 74 m², from 35 m² to 79 m². Its top sale since 2023: R3.67m for 75 m², registered in Dec 2025.

2Prices and trend

What Platteklip 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 Platteklip sell for about 7 % less per m² than the Gardens median, a way into the neighbourhood below its usual price level. Units sold range from 35 m² to 79 m², with a median of 74 m². 21 sales were registered since January 2023, the most in 2025 (21).

Floor, view and condition move the price of each unit: value your apartment in Platteklip against these sales, free.

Median price per m² by year

R39k202521 sales

Number of sales under each year. 2025 is partial.

Against the neighbourhood

PlatteklipR38,900
Gardens medianR42,000
Wembley SquareR42,800
72 on KloofR63,200
LeeuwendalR55,700

Median price per m², sales since January 2025 where available. Gardens median: apartments sold since January 2025.

YearSalesMedian priceMedian price per m²
202521R2.69mR38,864
3Recent sales

Every sale registered in Platteklip since 2023

Month of registration, unit size and price, as published by the City of Cape Town. Unit numbers and owners are not shown.

RegisteredSizePricePrice per m²
Dec 202535 m²R2.30mR65,714
Dec 202575 m²R3.67mR49,000
Jun 202566 m²R2.56mR38,864
Jun 202566 m²R2.56mR38,864
Jun 202576 m²R3.13mR41,184
May 202573 m²R3.04mR41,712
May 202566 m²R2.56mR38,864
May 202576 m²R2.52mR33,158
May 202576 m²R3.13mR41,184
May 202576 m²R3.13mR41,184
May 202579 m²R3.22mR40,759
May 202566 m²R2.56mR38,864
May 202575 m²R2.52mR33,600
May 202564 m²R3.13mR48,906
May 202557 m²R2.04mR35,877
Apr 202575 m²R2.69mR35,933
Apr 202574 m²R3.09mR41,757
Apr 202535 m²R1.22mR34,857
Apr 202576 m²R2.70mR35,526
Apr 202579 m²R3.22mR40,759
Apr 202557 m²R2.04mR35,877
4Rent and yield

What a unit in Platteklip would earn

Estimates, not observed rents: Sellect model from the price level, the same as in your free report.

Estimate

Rent for a median unit

R18,300 /month

A 74 m² unit at the building median of R2.69m would rent for about R18,300 a month: a gross yield of about 8.2 % and about 5.2 % 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 %.

Your unit

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Your floor, view, size and condition move the price. Your free report compares your unit with every sale in Platteklip 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 Platteklip cost?

Since January 2023, 21 apartments were registered as sold in Platteklip, Gardens, at a median of R2.69m for 74 m², or R38,900 per m². Prices ranged from R1.22m to R3.67m.

Is Platteklip expensive for Gardens?

Units in Platteklip sell for a median of R38,900 per m², 7 % below the Gardens apartment median of R42,000 per m² for sales since January 2025.

What rent can I get for a flat in Platteklip?

About R18,300 a month for a 74 m² unit, a gross yield of about 8.2 % (5.2 % 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.

Nearby buildings

Other buildings in Gardens

Sources and method. City of Cape Town, registered sales and 2025 General Valuation Roll, analysed by Sellect; data updated 21 October 2026. Sales are shown per building, without unit numbers or owners’ names. Rents and yields are Sellect estimates. Figures are indicative, not a valuation.