Green Point property prices
October 2026
Green Point sits between the Stadium, the Waterfront and Signal Hill: about 300 homes sell every year, the median apartment costs R4.58m, and like-for-like prices are up 40 % since 2023.
By Samantha, Sellect · Sales registered Jan 2023 to Aug 2026 · Updated 19 October 2026Green Point in 60 seconds
City of Cape Town registered sales · method at the bottom of the pageSteady volumes, fast-rising prices
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 August 2026, 1,080 homes were registered as sold in Green Point, worth R5.5bn. Around 300 homes sell every year, and the value of those sales rose from R1.4bn in 2023 to R1.7bn in 2025. Green Point has more houses than Sea Point or Mouille Point: about one sale in six.
Apartment prices per m², same buildings
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
Sum of registered sale prices, apartments and houses. 2026 is partial: January to Aug 2026 so far.
Apartments and houses
- Apartments200 sales · median 80 m²R4.58m
- Houses36 sales · median 160 m² living areaR10.21m
Last 12 months, median prices. Dark: apartments · light: houses.
What homes sell for
Sales registered since January 2025, all homes.
Selling above the municipal value
Since the City’s valuation date of 1 July 2025, homes in Green Point have sold for a median of +25 % their 2025 municipal value. 88 % sold above it.
172 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
| Size | Sales | Median price | Median price per m² |
|---|---|---|---|
| Studio (under 45 m²) | 43 | R2.45m | R65,366 |
| 45 to 70 m² | 80 | R3.27m | R60,264 |
| 70 to 100 m² | 118 | R4.20m | R52,165 |
| 100 to 150 m² | 85 | R6.25m | R51,240 |
| Over 150 m² | 19 | R12.95m | R65,789 |
In Green Point, mid-size apartments of 70 to 150 m² offer the lowest price per m², around R51,000 to R52,000. Studios and the largest units, often with views from High Level Road or over the Stadium and the sea, cost the most per m².
From the cheapest to the record
Cheapest apartments, last 12 months
- Watergate, Vesperdene Road41 m² · Dec 2025R945k
- Morokani, Main Road41 m² · May 2026R1.40m
- Thorniebrae, York Road44 m² · Feb 2026R1.50m
Most expensive apartments since 2023
- Main Road456 m² · Apr 2026R49.50m
- Springbok Road369 m² · Apr 2026R40.00m
- Springbok Road369 m² · Jul 2024R34.95m
- Main Road354 m² · Jun 2026R25.00m
Most expensive houses since 2023
- Springbok Road331 m² · Jul 2026R52.50m
- Joubert Road543 m² · Dec 2024R27.00m
- Springbok Road287 m² · Oct 2025R24.00m
- Ocean View Drive185 m² · Jun 2026R20.50m
89 buildings traded, led by Cape Royale
Sectional-title schemes with at least 5 registered sales since January 2023. Prices per m² are medians over the whole period.
Cape Royale on Main Road dominates the market: 51 sales since 2023 worth R267m, more than any other building. Green Park, Watergate and Highstrand top the price per m², while Portswood Lodge, Winston Place and Taronga Mansions offer the lowest prices per m².
| Building | Sales | Median price | Median size | Price per m² | Range |
|---|---|---|---|---|---|
| Cape RoyaleMain Road | 51 | R5.50m | 115 m² | R50,800 | R1.41m to R9.00m |
| Son VidaSomerset Road | 35 | R2.50m | 80 m² | R37,634 | R1.12m to R5.10m |
| ThorniebraeYork Road | 32 | R3.30m | 84 m² | R39,167 | R800k to R6.00m |
| Skye WaysHigh Level Road | 24 | R3.10m | 90 m² | R33,946 | R1.27m to R4.80m |
| Hillside HeightsWessels Road | 23 | R3.00m | 82 m² | R36,585 | R1.50m to R5.35m |
| DevonshireMain Road | 21 | R3.65m | 83 m² | R40,260 | R600k to R7.35m |
| HighstrandBoundary Road | 21 | R3.20m | 63 m² | R50,000 | R1.45m to R5.80m |
| WatergateVesperdene Road | 19 | R2.30m | 41 m² | R53,659 | R680k to R3.02m |
| Harbour TerraceBoundary Road | 16 | R2.46m | 51 m² | R48,548 | R1.62m to R4.55m |
| Green ParkUpper Portswood Road | 15 | R1.59m | 26 m² | R57,500 | R1.20m to R2.30m |
The 10 most traded buildings in Green Point since January 2023.
Highest price per m²
- Green ParkUpper Portswood Road · 15 salesR57,500/m²
- WatergateVesperdene Road · 19 salesR53,659/m²
- Cape RoyaleMain Road · 51 salesR50,800/m²
- HighstrandBoundary Road · 21 salesR50,000/m²
- Green Point One77Main Road · 7 salesR49,398/m²
Lowest price per m²
- Portswood LodgeMain Road · 6 salesR31,775/m²
- Winston PlaceMain Road · 7 salesR32,301/m²
- Taronga MansionsMain Road · 10 salesR33,442/m²
- Skye WaysHigh Level Road · 24 salesR33,946/m²
- DoricMain Road · 8 salesR34,497/m²
Often older blocks, smaller balconies or no sea view: the gap is also an opportunity to renovate.
Most traded streets
- Main Road277 sales · R50,862/m²R3.80m
- High Level Road84 sales · R38,976/m²R3.60m
- Braemar Road63 sales · R67,386/m²R3.50m
- Upper Portswood Road47 sales · R53,077/m²R2.52m
- Boundary Road42 sales · R49,181/m²R2.83m
Median apartment price per street.
Where houses sell
- Ocean View Drive11 house salesR10.50m
- High Level Road21 house salesR9.75m
- Loader Street15 house salesR8.40m
- Waterkant Street8 house salesR7.40m
- Croxteth Road11 house salesR6.50m
Streets with at least 4 house sales since 2023, median price.
The house market in short
Green Point has a real house market: about 36 houses sold over the last 12 months at a median of R10.2m for 160 m² of living space. High Level Road, Loader Street and Croxteth Road are the most traded streets. Like-for-like house prices are up about 58 % since 2023, on a smaller number of sales.
Strong resale gains, few bargains
Built from units registered twice since January 2023 and from sales compared with similar-sized units in the same building.
90 homes were bought and resold within the period: 95 % sold for more than they paid, with a median gain of 36 % after 21 months, about 15 % a year. Bargains are rare: only 5 sales since January 2025 went well below their building's price.
Biggest resale gains
- Glengariff Road110 m² · bought Mar 2025 for R2.70m, sold May 2026+187 %
- Green Point One77, Main Road79 m² · bought Nov 2023 for R2.89m, sold Apr 2026+125 %
- High Level Road350 m² · bought Aug 2023 for R5.20m, sold Feb 2025+102 %
- Braemar Road115 m² · bought Mar 2023 for R8.40m, sold Jan 2026+84 %
- Devonshire, Main Road84 m² · bought Mar 2023 for R2.50m, sold Jun 2025+76 %
Units bought and resold between January 2023 and Aug 2026, held at least 12 months for this list. Big jumps usually follow a renovation.
Sold well under their building’s price
- Doric, Main Road102 m² · Sep 2025 · building median R35,065/m²R2.00m−44 %
- Thorniebrae, York Road91 m² · Jun 2026 · building median R39,216/m²R2.25m−37 %
- Highstrand, Boundary Road61 m² · Jul 2025 · building median R50,770/m²R2.15m−31 %
- Morokani, Main Road41 m² · May 2026 · building median R45,122/m²R1.40m−24 %
- De Waterkant Piazza, Loader Street113 m² · Apr 2025 · building median R46,711/m²R4.20m−20 %
5 sales since January 2025 went for 20 to 45 % less per m² than similar units in the same building. Condition, a low floor or a quick sale usually explain it. These are the deals buyers look for.
What an apartment rents for
A median 80 m² apartment in Green Point would rent for about R24,500 a month, a gross yield of about 6.4 % on today’s prices. Smaller units yield more.
Sellect estimate from the price level, cross-checked with Western Cape rent indices. Your own report adjusts it to your unit.
Where does yours sit?
These are neighbourhood figures. Your building, floor, view and condition move the price. Your free report compares your unit with the sales in your own building.
Get my free estimateWhat is your Green Point home worth today?
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The Stadium, the park and Somerset 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.
Green Point runs from the coast up the slopes of Signal Hill, between Sea Point, Mouille Point and the V&A Waterfront. Somerset Road and Main Road carry its restaurants, cafés and nightlife, and the Stadium and Green Point Park give it more open space than its neighbours.
Green Point Park
A free urban park with a biodiversity garden and a wetland walk, open from 9:00 to 19:00, between the Stadium and the sea.
DHL Stadium
Home of the Stormers and Cape Town City FC, it hosts rugby tests, the HSBC SVNS Cape Town sevens (5 and 6 December 2026) and concerts.
Metropolitan Golf Club
A par-71 course next to the Stadium, open to visitors from Sunday to Friday.
Promenade and Waterfront
The Promenade, Mouille Point lighthouse and the V&A Waterfront are all a short walk away.
Schools and hospital
Reddam House Atlantic Seaboard, a private school from age 1 to Grade 12, is in Green Point, as is New Somerset Hospital. Netcare Christiaan Barnard is on the nearby Foreshore.
MyCiTi Stadium station
The MyCiTi Stadium station on Helen Suzman Boulevard serves the suburb. On match days, shuttles run from the Civic Centre and the CTICC.
Coffee and tables
Jason Bakery
Busy bakery and café with well-regarded coffee.
Giovanni's Deliworld
Italian deli and espresso bar, a Green Point institution.
Pauline's
Swedish-style café with branches in Green Point and Sea Point.
Bao Down
Pan-Asian bao and small plates on Main Road.
Café Extrablatt
Weekend brunch buffet in the Exhibition Building.
What residents deal with
Stadium days
Match and concert days bring road closures, towing and very little parking. For the Marathon, the City warned of little to no parking in Green Point.
A new CID term
The Green Point City Improvement District starts a new five-year term on 1 July 2026, covering public safety, cleaning and social development.
New homes still coming
New sectional-title projects keep launching, such as a 52-unit development on Upper Portswood Road, and the City is selling the 1 Three Anchor Bay Road site for mixed use with affordable housing.
Short-term letting rules ahead
A draft City by-law (August 2026) would require every short-term rental to register, with commercial rates from July 2027 for homes let short-term more than half the year. It is still a proposal.
Frequently asked questions
How much does an apartment cost in Green Point in 2026?
Over the last 12 months of registered sales (to Aug 2026), the median apartment in Green Point sold for R4.58m, or R61,835 per m². Eight in ten apartments sold between R2.68m and R9.52m. depending on size, building and view.
Are property prices going up in Green Point?
Yes. Comparing sales within the same buildings, apartment prices per m² are up +40 % since 2023 and up +12 % in 2025 alone. Since July 2025, homes have sold for a median of +25 % their 2025 municipal value.
How many properties sell in Green Point each year?
297 homes were registered as sold in 2025, worth R1.7bn in total. 2026 registrations are still being recorded.
Which buildings sell the most in Green Point?
Since January 2023 the most traded buildings are Cape Royale (51 sales), Son Vida (35 sales), Thorniebrae (32 sales), Skye Ways (24 sales).
What rental yield can I expect in Green Point?
A median 80 m² apartment rents for about R24,500 a month, a gross yield of about 6.4 %. Net yield, after rates, levies, insurance and letting fees, is lower: your free yield report calculates it for your unit.
Is it noisy to live near the Stadium?
On event days, yes: expect crowds, road closures and towing around Fritz Sonnenberg Road and Helen Suzman Boulevard. Outside events the area is quiet, and Green Point Park is one of the suburb's main draws.
Is there a MyCiTi bus to the airport from Green Point?
No. The MyCiTi airport route has been suspended since December 2022. The airport is about 20 to 25 minutes by car off-peak.
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: 1,080 usable sales in Green Point between Jan 2023 and Aug 2026. Bundles, parking bays, storerooms and implausible prices are excluded. Rents are Sellect estimates. Figures are medians and indicative, not a valuation.
Nearby neighbourhoods
- Three Seaboard beaches keep Blue Flag 2026/27 (BusinessTech)
- Green Point Park
- Metropolitan Golf Club
- Reddam House Atlantic Seaboard
- Western Cape Government: New Somerset Hospital
- Green Point CID business plan 2026 to 2031
- Capetowner: Stadium match-day closures
- SVNS Cape Town 2026 dates
- Time Out: best cafés in Cape Town
- MyCiTi routes
- BusinessTech: draft short-term letting by-law