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Parklands property prices, October 2026
In the 12 months to Sep 2026, the median apartment in Parklands sold for R1.10m, based on 3,171 registered sales recorded by Sellect since 2023. Comparing sales in the same buildings, apartment prices are up 14 % since 2023.
Value my Parklands home3,171 homes registered as sold in Parklands since January 2023, with apartment prices per m² moving +14 % since 2023 in the same buildings. Every figure below comes from the City of Cape Town registered sales.
Data: City of Cape Town public records, 3,171 registered sales, last updated October 2026.
By Samantha, Sellect · Sales registered Jan 2023 to Sep 2026 · Updated 21 October 2026 · MethodParklands in 60 seconds
City of Cape Town registered sales · method at the bottom of the pageWhat homes sell for in Parklands
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 September 2026, 3,171 homes were registered as sold in Parklands, worth R5.0bn. Over the last 12 months the median apartment sold for R1.10m (R17,444 per m², 390 sales) and the median house for R2.45m (255 sales, 109 m² of living space). Six sales in ten are apartments.
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 Parklands, in 60 seconds.
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 Sep 2026 so far.
Apartments and houses
- Apartments390 sales · median 62 m²R1.10m
- Houses255 sales · median 109 m² living areaR2.45m
Last 12 months, median prices. Dark: apartments · light: houses.
What homes sell for
Sales registered since January 2025, all homes.
From entry to top
In the last 12 months, eight apartments in ten sold between R834k and R1.58m. The cheapest went for R353k and the most expensive for R4.00m.
Last 12 months of registered sales.
Price by apartment size
| Size | Sales | Median price | Median price per m² |
|---|---|---|---|
| Studio (under 45 m²) | 18 | R800k | R21,367 |
| 45 to 70 m² | 584 | R1.01m | R17,422 |
| 70 to 100 m² | 142 | R1.35m | R16,543 |
| 100 to 150 m² | 59 | R1.61m | R14,563 |
Apartments sold since January 2025. Price per m² by size runs from R15,000 to R21,000.
Latest registered apartment sales
| Building or street | Registered | Size | Price | Price per m² |
|---|---|---|---|---|
| Park Royal, Parklands Main Road | Sep 2026 | 73 m² | R1.25m | R17,123 |
| Tryall Road | Sep 2026 | 64 m² | R1.32m | R20,625 |
| Charing Crescent | Aug 2026 | 72 m² | R1.58m | R22,014 |
| Madison Gardens, Village Drive | Aug 2026 | 100 m² | R1.60m | R16,000 |
| Villa Rustica, Chestnut Crescent | Jul 2026 | 75 m² | R1.23m | R16,400 |
| Chelsea, Chelsea Crescent | Jul 2026 | 67 m² | R1.15m | R17,164 |
| Dartford Drive | Jul 2026 | 54 m² | R850k | R15,741 |
| Park Avenue, Parklands Main Road | Jul 2026 | 47 m² | R630k | R13,404 |
| Colchester Park, Hallwell End | Jul 2026 | 63 m² | R1.18m | R18,730 |
| Torrington Villas, Torrington Crescent | Jul 2026 | 70 m² | R1.75m | R25,000 |
The 10 most recent apartment sales registered in Parklands, as published by the City of Cape Town. Unit numbers and owners are not shown.
From the cheapest to the record
Cheapest apartments, last 12 months
- St James, Parklands Main Drive53 m² · Nov 2025R353k
- Via Firenza, Chippenham Road65 m² · Mar 2026R470k
- Morning Ford Road58 m² · Feb 2026R500k
Most expensive apartments since 2023
- Battersea Place, Battersea Bend98 m² · Nov 2025R4.00m
- Bayford Bend145 m² · May 2026R2.70m
- Newington Street147 m² · Sep 2025R2.50m
- Clydebank Crescent162 m² · Jun 2023R2.45m
Most expensive houses since 2023
- Caledonian Crescent252 m² · May 2026R6.75m
- Newington Street265 m² · Jun 2026R6.70m
- Whitehall Way353 m² · Mar 2023R6.00m
- Kenwood Circle361 m² · Jun 2023R5.98m
86 sectional-title schemes traded since 2023
Sectional-title schemes with at least 5 registered sales since January 2023. Prices per m² are medians over the whole period.
Villa Rustica on Chestnut Crescent is the most traded scheme since 2023, with 27 sales. Tuscania Villas on Thetford Road has the highest median price per m², R21,632.
| Building | Sales | Median price | Median size | Price per m² | Range |
|---|---|---|---|---|---|
| Villa RusticaChestnut Crescent | 27 | R1.35m | 78 m² | R16,218 | R950k to R1.73m |
| Central ParkVillage Drive | 23 | R1.15m | 71 m² | R14,789 | R890k to R1.49m |
| Carlton MewsDartford Drive | 23 | R700k | 53 m² | R13,208 | R630k to R880k |
| Bella VeronaParklands Main Road | 22 | R760k | 58 m² | R12,807 | R600k to R948k |
| Colchester ParkHallwell End | 22 | R1.05m | 64 m² | R16,032 | R325k to R1.44m |
| Park AvenueParklands Main Road | 22 | R692k | 47 m² | R14,734 | R600k to R900k |
| Via FirenzaChippenham Road | 21 | R855k | 65 m² | R13,154 | R470k to R1.12m |
| The SheratonNorthumberland Close | 21 | R750k | 53 m² | R15,472 | R390k to R1.10m |
| 84 on MainParklands Main Road | 20 | R750k | 63 m² | R11,905 | R372k to R1.15m |
| Le Vivier Villas 2Parklands Main Road | 16 | R868k | 63 m² | R13,651 | R600k to R950k |
The 10 most traded buildings in Parklands since January 2023.
Highest price per m²
- Tuscania VillasThetford Road · 8 salesR21,632/m²
- Torrington VillasTorrington Crescent · 7 salesR20,286/m²
- Blue Mountain VillageDorchester Drive · 13 salesR19,531/m²
- De Oude KaapRingwood Way · 15 salesR19,531/m²
- Bella ParkRingwood Drive · 9 salesR19,231/m²
Lowest price per m²
- Manhattan ParkParklands Main Road · 15 salesR10,672/m²
- Pinnacle PlaceParklands Main Road · 10 salesR11,562/m²
- 84 on MainParklands Main Road · 20 salesR11,905/m²
- Ashwood CentreParklands Main Drive · 7 salesR11,905/m²
- Ruskin VillasRuskin Road · 7 salesR12,000/m²
Often older blocks, smaller balconies or no view: the gap is also an opportunity to renovate.
Most traded streets
- Parklands Main Road358 sales · R14,321/m²R844k
- Tryall Road357 sales · R18,106/m²R1.10m
- Dartford Drive124 sales · R15,847/m²R840k
- Morning Ford Road121 sales · R17,795/m²R1.02m
- Brompton Crescent88 sales · R14,363/m²R810k
Median apartment price per street.
Resales and below-market sales
Built from units registered twice since January 2023 and from sales compared with similar-sized units in the same building.
135 homes were bought and resold within the period; 93 % of their owners sold for more than they paid, with a median gain of 15 %. 11 sales since January 2025 went for at least 20 % below similar units in the same scheme.
Biggest resale gains
- Torquay Clse187 m² · bought Mar 2023 for R1.25m, sold Jan 2026+160 %
- Queens Clse80 m² · bought Sep 2023 for R1.80m, sold Jun 2026+83 %
- Madison Square Gardens, Cambridge Road63 m² · bought Jan 2024 for R700k, sold Apr 2025+70 %
- Sanwood, Crawley Crescent121 m² · bought May 2023 for R1.20m, sold Dec 2025+67 %
- Park Royal, Parklands Main Road59 m² · bought Jul 2023 for R700k, sold Mar 2026+64 %
Units bought and resold between January 2023 and Sep 2026, held at least 12 months for this list. Big jumps usually follow a renovation.
Sold well under their building’s price
- Helmsley Village Two, Helmsley70 m² · Jun 2025 · building median R16,071/m²R625k−44 %
- John's Place, Cambelton Crescent59 m² · Apr 2025 · building median R19,195/m²R700k−38 %
- 84 on Main, Parklands Main Road63 m² · Feb 2025 · building median R11,905/m²R550k−27 %
- Olive Park, Folkestone Way85 m² · Jul 2025 · building median R15,550/m²R990k−25 %
- La Monte, Parklands Main Drive82 m² · Mar 2025 · building median R13,455/m²R830k−25 %
11 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 62 m² apartment in Parklands would rent for about R8,200 a month, a gross yield of about 9.0 % and about 4.5 % net after rates, levies, management and empty months.
Sellect estimate from the price level, not observed rents. Rental yield in Parklands by apartment size.
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 Parklands home worth today?
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Frequently asked questions
How much does an apartment cost in Parklands in 2026?
Over the last 12 months of registered sales (to Sep 2026), the median apartment in Parklands sold for R1.10m, or R17,444 per m². Eight in ten apartments sold between R834k and R1.58m, depending on size, building and view.
How much does a house cost in Parklands?
Over the last 12 months, 255 houses were registered as sold in Parklands at a median of R2.45m, for a median 109 m² of living space.
Are property prices going up in Parklands?
Yes. Comparing sales within the same buildings, apartment prices per m² are up +14 % since 2023 and moved +3 % in 2025 alone.
How many properties sell in Parklands each year?
928 homes were registered as sold in 2025, worth R1.5bn in total. 2026 registrations are still being recorded.
Which buildings sell the most in Parklands?
Since January 2023 the most traded buildings are Villa Rustica (27 sales), Central Park (23 sales), Carlton Mews (23 sales), Bella Verona (22 sales).
What rental yield can I expect in Parklands?
A median 62 m² apartment rents for about R8,200 a month, a gross yield of about 9.0 %. Net yield, after rates, levies, management and empty months, is about 4.5 %. Your free yield report calculates it for your unit.
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: 3,171 usable sales in Parklands between Jan 2023 and Sep 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.