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Plumstead · Property market report

Plumstead property prices, October 2026

In the 12 months to Aug 2026, the median apartment in Plumstead sold for R1.53m, based on 972 registered sales recorded by Sellect since 2023. Comparing sales in the same buildings, apartment prices are up 20 % since 2023.

Value my Plumstead home

972 homes registered as sold in Plumstead since January 2023, with apartment prices per m² moving +20 % since 2023 in the same buildings. Every figure below comes from the City of Cape Town registered sales.

+20 % since 2023972 registered sales80 buildings traded

Data: City of Cape Town public records, 972 registered sales, last updated October 2026.

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

Plumstead in 60 seconds

City of Cape Town registered sales · method at the bottom of the page
R1.53mMedian apartment price, last 12 months (124 sales)
R22,804Median apartment price per m²
Jan 2023 → Aug 2026+20 %Apartment prices since 2023, same buildings compared
R629mValue of homes sold in 2025 (266 sales)
R3.35mMedian house price, last 12 months (103 sales)
9.0 % grossR11,500/moTypical rent for a median 74 m² apartment (estimate)
median +22 %90 %Of owners who resold sold for more than they paid (48 resales)
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1Prices and market size

What homes sell for in Plumstead

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, 972 homes were registered as sold in Plumstead, worth R2.2bn. Over the last 12 months the median apartment sold for R1.53m (R22,804 per m², 124 sales) and the median house for R3.35m (103 sales, 136 m² of living space). Five 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 Plumstead, in 60 seconds.

Apartment prices per m², same buildings

1002023104202411120251202026Jan to Aug

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

R579m2023277 salesR612m2024297 salesR629m2025266 salesR334m2026132 sales

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

Apartments and houses

227sales
  • Apartments124 sales · median 74 m²R1.53m
  • Houses103 sales · median 136 m² living areaR3.35m

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

What homes sell for

Under R2m185
R2m to R4m164
R4m to R6m42
R6m to R10m7
R10m to R20m0
Over R20m0

Sales registered since January 2025, all homes.

Range

From entry to top

In the last 12 months, eight apartments in ten sold between R992k and R2.72m. The cheapest went for R549k and the most expensive for R6.40m.

Last 12 months of registered sales.

Price by apartment size

SizeSalesMedian priceMedian price per m²
Studio (under 45 m²)22R962kR24,844
45 to 70 m²61R1.21mR22,899
70 to 100 m²96R1.60mR20,514
100 to 150 m²16R2.25mR17,987
Over 150 m²5R3.80mR21,277

Apartments sold since January 2025. Price per m² by size runs from R18,000 to R25,000.

Latest registered apartment sales

Building or streetRegisteredSizePricePrice per m²
Brentwood, Gray RoadAug 202675 m²R1.90mR25,333
Elite Court, Staines RoadAug 202671 m²R1.70mR23,944
Plumberry Square, Hemyock RoadAug 202635 m²R1.10mR31,429
Pine Dale, Main RoadAug 202681 m²R1.50mR18,519
Leawick Court, Rivers End RoadAug 202677 m²R1.40mR18,182
Rushmere, Doordrift RoadAug 202683 m²R5.10mR61,446
Sierikan Bello, Burnham RoadAug 202680 m²R1.45mR18,125
Urban Spin, Alnwick RoadJul 202674 m²R2.30mR31,081
Helderstroom, Burnham RoadJul 202645 m²R1.15mR25,556
Oak Tree Square, Thornbury RoadJul 202627 m²R965kR35,741

The 10 most recent apartment sales registered in Plumstead, 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

  • Main Road24 m² · Jul 2026R549k
  • Plumberry Square, Hemyock Road30 m² · Oct 2025R610k
  • Henry's Building, Main Road51 m² · Nov 2025R650k
Records

Most expensive apartments since 2023

  • Rushmere, Doordrift Road98 m² · Dec 2025R6.40m
  • Rushmere, Doordrift Road97 m² · Nov 2025R6.25m
  • Rushmere, Doordrift Road82 m² · Apr 2026R5.70m
  • The Citadel, Birmingham Road169 m² · May 2025R5.25m
Records

Most expensive houses since 2023

  • Woodley Road284 m² · Nov 2024R7.40m
  • Denbigh Road354 m² · May 2025R7.38m
  • St Catherine Road118 m² · Mar 2026R6.75m
  • St Joans Road204 m² · Aug 2025R6.45m
2Buildings and streets

80 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.

Urban Spin on Alnwick Road is the most traded scheme since 2023, with 26 sales. Rushmere on Doordrift Road has the highest median price per m², R38,535.

BuildingSalesMedian priceMedian sizePrice per m²Range
Urban SpinAlnwick Road26R1.46m52 m²R25,583R590k to R2.30m
The CitadelBirmingham Road25R2.45m91 m²R28,854R1.30m to R5.25m
RushmereDoordrift Road22R3.65m96 m²R38,535R650k to R6.40m
Protea PlaceCulm Road19R1.36m89 m²R15,281R1.00m to R2.19m
Plumberry SquareHemyock Road19R850k32 m²R25,000R610k to R1.65m
Constantiaberg VillasConstantiaberg Close14R1.92m70 m²R28,652R1.20m to R2.85m
North ViewMain Road14R870k46 m²R18,913R750k to R1.10m
St MichelHemyock Road14R1.36m57 m²R22,344R1.15m to R2.13m
Oak Tree SquareThornbury Road10R1.07m52 m²R20,891R730k to R1.33m
Royal PalmsSeven Oaks Road10R1.03m52 m²R20,552R875k to R1.80m

The 10 most traded buildings in Plumstead since January 2023.

Top of the market

Highest price per m²

  • RushmereDoordrift Road · 22 salesR38,535/m²
  • The CitadelBirmingham Road · 25 salesR28,854/m²
  • Constantiaberg VillasConstantiaberg Close · 14 salesR28,652/m²
  • Urban SpinAlnwick Road · 26 salesR25,583/m²
  • Plumberry SquareHemyock Road · 19 salesR25,000/m²
Value

Lowest price per m²

  • Alphen DaleTobruk Road · 6 salesR13,657/m²
  • Primrose ParkCulm Road · 8 salesR15,194/m²
  • Protea PlaceCulm Road · 19 salesR15,281/m²
  • GlendaleStaines Road · 6 salesR15,454/m²
  • The HagueMain Road · 7 salesR15,584/m²

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

Streets

Most traded streets

  • Main Road83 sales · R17,532/m²R1.20m
  • Hemyock Road44 sales · R22,774/m²R1.20m
  • Culm Road32 sales · R15,140/m²R1.29m
  • Alnwick Road26 sales · R25,583/m²R1.46m
  • Birmingham Road25 sales · R28,854/m²R2.45m

Median apartment price per street.

3Deals

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.

48 homes were bought and resold within the period; 90 % of their owners sold for more than they paid, with a median gain of 22 %. 6 sales since January 2025 went for at least 20 % below similar units in the same scheme.

Resales

Biggest resale gains

+22 %
median gain on resale
18
months held (median)
  • Alphen Dale, Tobruk Road81 m² · bought Sep 2023 for R1.06m, sold May 2026+74 %
  • Stella Road135 m² · bought Apr 2024 for R2.30m, sold Dec 2025+61 %
  • Nature's Gate, Knutsford Road188 m² · bought Jan 2023 for R2.70m, sold Feb 2026+48 %
  • Meyrick Avenue82 m² · bought May 2023 for R1.65m, sold May 2024+39 %
  • Constantiaberg Villas, Constantiaberg Close73 m² · bought Dec 2023 for R2.13m, sold Oct 2025+34 %

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

Below the building

Sold well under their building’s price

  • St Michel, Hemyock Road131 m² · Sep 2025 · building median R22,759/m²R2.13m−29 %
  • Protea Place, Culm Road91 m² · Jan 2025 · building median R15,498/m²R1.05m−26 %
  • Plumberry Square, Hemyock Road30 m² · Oct 2025 · building median R26,094/m²R610k−22 %
  • Winhill Court, Main Road79 m² · Aug 2025 · building median R20,705/m²R1.28m−21 %
  • Winhill Court, Main Road79 m² · Jun 2025 · building median R20,705/m²R1.30m−20 %

6 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.

Rent

What an apartment rents for

R11,500 /month

A median 74 m² apartment in Plumstead would rent for about R11,500 a month, a gross yield of about 9.0 % and about 4.9 % net after rates, levies, management and empty months.

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

Your home

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.

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What is your Plumstead home worth today?

Enter your address: a value range built from the sales above, the comparables in your building and your monthly rent, in 60 seconds. Free, and no agent will call you.

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Frequently asked questions

How much does an apartment cost in Plumstead in 2026?

Over the last 12 months of registered sales (to Aug 2026), the median apartment in Plumstead sold for R1.53m, or R22,804 per m². Eight in ten apartments sold between R992k and R2.72m, depending on size, building and view.

How much does a house cost in Plumstead?

Over the last 12 months, 103 houses were registered as sold in Plumstead at a median of R3.35m, for a median 136 m² of living space.

Are property prices going up in Plumstead?

Yes. Comparing sales within the same buildings, apartment prices per m² are up +20 % since 2023 and moved +7 % in 2025 alone.

How many properties sell in Plumstead each year?

266 homes were registered as sold in 2025, worth R629m in total. 2026 registrations are still being recorded.

Which buildings sell the most in Plumstead?

Since January 2023 the most traded buildings are Urban Spin (26 sales), The Citadel (25 sales), Rushmere (22 sales), Protea Place (19 sales).

What rental yield can I expect in Plumstead?

A median 74 m² apartment rents for about R11,500 a month, a gross yield of about 9.0 %. Net yield, after rates, levies, management and empty months, is about 4.9 %. 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: 972 usable sales in Plumstead 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.

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 Plumstead?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 (972 usable sales; 25 outliers and bundles excluded; data updated 21 October 2026). Price trends compare sales within the same building. Rents: Sellect estimate.