Sea Point · Property market report

Sea Point property prices
October 2026

Sea Point is the busiest property market on the Atlantic Seaboard: about 750 homes change hands every year, mostly apartments, and prices per m² are up 46 % since 2023 in the same buildings.

+46 % since 20232,597 registered sales249 buildings traded
By Samantha, Sellect · Sales registered Jan 2023 to Aug 2026 · Updated 19 October 2026
Every dot is a home sold since 2023Price per m² high

Sea Point in 60 seconds

City of Cape Town registered sales · method at the bottom of the page
R4.13mMedian apartment price, last 12 months (516 sales)
R67,188Median apartment price per m²
Jan 2023 → Aug 2026+46 %Apartment prices since 2023, same buildings compared
461 sales+25 %Above the 2025 municipal value, on sales since July 2025
R3.8bnValue of homes sold in 2025 (715 sales)
R10.00mMedian house price, last 12 months (51 sales)
6.1 % grossR21,100/moTypical rent for a median 71 m² apartment (estimate)
median +42 %94 %Of owners who resold sold for more than they paid (206 resales)
1Prices and market size

The Atlantic Seaboard's busiest market, and still rising

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, 2,597 homes were registered as sold in Sea Point, worth R12.2bn. Volumes have stayed steady at 700 to 800 sales a year while prices kept climbing: the value of homes sold rose from R3.1bn in 2023 to R3.8bn in 2025. Nine sales in ten are apartments.

Apartment prices per m², same buildings

1002023108202412520251462026Jan 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

R3.1bn2023790 salesR3.4bn2024800 salesR3.8bn2025715 salesR1.9bn2026292 sales

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

Apartments and houses

567sales
  • Apartments516 sales · median 71 m²R4.13m
  • Houses51 sales · median 185 m² living areaR10.00m

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

What homes sell for

Under R2m69
R2m to R4m418
R4m to R6m227
R6m to R10m164
R10m to R20m108
Over R20m21

Sales registered since January 2025, all homes.

Exclusive

Selling above the municipal value

+25 %

Since the City’s valuation date of 1 July 2025, homes in Sea Point have sold for a median of +25 % their 2025 municipal value. 83 % sold above it.

461 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
Studio (under 45 m²)256R2.51mR86,714
45 to 70 m²186R3.04mR57,986
70 to 100 m²228R4.49mR53,995
100 to 150 m²171R6.40mR54,661
Over 150 m²80R12.03mR59,181

Studios are the most expensive homes per m² in Sea Point, at about R86,700, because investors and holiday-let buyers compete for them. From 45 m² upwards, the price per m² flattens at R54,000 to R59,000.

From the cheapest to the record

Entry price

Cheapest apartments, last 12 months

  • Trianon, Avenue Marseilles19 m² · Sep 2025R450k
  • Bordeaux, Beach Road26 m² · Feb 2026R518k
  • Crest, Frere Road33 m² · Dec 2025R750k
Records

Most expensive apartments since 2023

  • La Rochelle, Beach Road394 m² · Apr 2026R46.00m
  • St John's Road229 m² · Nov 2025R40.00m
  • Victoria Road221 m² · Jan 2024R38.00m
  • Kloof Road252 m² · Jan 2024R36.50m
Records

Most expensive houses since 2023

  • Friars Road639 m² · Jun 2025R37.80m
  • Avenue de l'Hermite388 m² · Oct 2025R34.95m
  • Alexander Road333 m² · Nov 2025R22.50m
  • Arthurs Road203 m² · Jun 2026R21.00m
2Buildings and streets

249 buildings traded, from R22,000 to R96,000 per m²

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

Sea Point is a market of buildings more than streets: the same 70 m² can sell for twice as much depending on the block, the floor and the view. Bordeaux on Beach Road is the most traded building since 2023, while Bantry Place, also on Beach Road, has the highest price per m² and the largest value of sales, R221m.

BuildingSalesMedian priceMedian sizePrice per m²Range
BordeauxBeach Road49R2.60m74 m²R39,796R518k to R12.30m
The CenturionMain Road30R2.18m46 m²R41,723R1.27m to R3.48m
The President HotelAlexander Road26R1.63m35 m²R35,653R741k to R3.15m
RapalloBeach Road26R3.52m84 m²R41,389R800k to R8.50m
Palm Garden RetreatQuendon Road25R2.65m72 m²R35,659R950k to R4.60m
23 Arthurs RoadArthurs Road22R3.00m71 m²R46,797R1.98m to R5.40m
The PavilionBeach Road19R5.00m83 m²R51,376R3.00m to R8.45m
Portman PlaceFir Avenue19R5.38m82 m²R56,338R2.45m to R12.25m
CrestFrere Road18R1.85m33 m²R56,061R750k to R2.65m
San CarloSt John's Road17R3.15m64 m²R42,969R1.09m to R6.50m

The 10 most traded buildings in Sea Point since January 2023.

Top of the market

Highest price per m²

  • Bantry PlaceBeach Road · 13 salesR95,902/m²
  • The BallinrobeHigh Level Road · 7 salesR75,676/m²
  • RocklandsBeach Road · 11 salesR74,380/m²
  • The Bantry BayKloof Road · 8 salesR71,379/m²
  • Curzon PlaceBeach Road · 6 salesR66,745/m²
Value

Lowest price per m²

  • La FayetteHall Road · 9 salesR22,450/m²
  • Jessica CourtMain Road · 8 salesR30,742/m²
  • Adelphi CentreMain Road · 8 salesR31,465/m²
  • Sandy LodgeMilner Road · 7 salesR31,858/m²
  • The Manor HouseHall Road · 9 salesR32,204/m²

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

Streets

Most traded streets

  • Main Road450 sales · R66,565/m²R2.55m
  • Beach Road266 sales · R47,530/m²R5.00m
  • Regent Road171 sales · R78,182/m²R3.34m
  • Kloof Road167 sales · R75,800/m²R3.50m
  • High Level Road164 sales · R43,732/m²R3.49m

Median apartment price per street.

Houses

Where houses sell

  • High Level Road7 house salesR12.00m
  • Ocean View Drive8 house salesR11.13m
  • Brompton Avenue6 house salesR10.00m
  • Kings Road6 house salesR9.00m
  • Upper Deane Road8 house salesR8.25m

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

Houses

The house market in short

Houses are rare in Sea Point: about 50 sell a year, mostly on the slopes towards Fresnaye and Signal Hill. The median house sold for R10.0m over the last 12 months, for 185 m² of living space. House prices rose faster than apartments: up about 59 % since 2023 on a like-for-like basis, a figure based on fewer sales and so less precise.

3Deals

Who made money, and where the bargains were

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

206 homes were bought and resold within the period. 94 % of their owners sold for more than they paid, with a median gain of 42 % after a median 18 months, about 20 % a year. At the other end, 15 sales since January 2025 went for at least 20 % below similar units in the same building.

Resales

Biggest resale gains

+42 %
median gain on resale
18
months held (median)
  • Bordeaux, Beach Road45 m² · bought Nov 2024 for R900k, sold Jan 2026+189 %
  • The Fresnaye, Avenue St Charles192 m² · bought May 2023 for R5.50m, sold Jul 2025+168 %
  • Main Road20 m² · bought Oct 2023 for R1.03m, sold May 2025+151 %
  • Main Road20 m² · bought Oct 2023 for R1.11m, sold Aug 2025+138 %
  • Marais Mansions, Marais Road101 m² · bought Sep 2024 for R2.12m, sold Jun 2026+136 %

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

  • Bordeaux, Beach Road83 m² · Oct 2025 · building median R40,567/m²R2.00m−41 %
  • Rapallo, Beach Road107 m² · Jan 2025 · building median R42,572/m²R2.80m−38 %
  • Costa Brava, Beach Road122 m² · Mar 2025 · building median R50,143/m²R3.90m−36 %
  • Blue Waters, Beach Road45 m² · Jul 2025 · building median R62,222/m²R1.85m−34 %
  • Ocean View Heights, Antwerp Road86 m² · Feb 2026 · building median R52,532/m²R3.00m−34 %

15 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

R21,100 /month

A median 71 m² apartment in Sea Point would rent for about R21,100 a month, a gross yield of about 6.1 % 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.

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.

Get my free estimate

What is your Sea Point home worth today?

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4Life in Sea Point

The promenade, the pool and Regent 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.

Sea Point is a dense strip between Signal Hill, Lion's Head and the Atlantic. Apartment blocks line Beach Road and Main Road, while freehold houses climb the slopes. Life happens on the Promenade and along Regent Road, its busiest food street.

Outdoors

The Promenade

The seafront walkway runs the length of the suburb, from Mouille Point to Saunders' Rock. The City finished upgrading it in July 2025.

Swimming

Sea Point Pool and tidal pools

The Sea Point Pavilion pool is one of five City pools open all year. Saunders' Rock and the small Milton tidal pool, built in 1910, are popular with families.

Beaches

No Blue Flag, but close by

None of Sea Point's beaches holds Blue Flag status. The nearest Blue Flag beaches, Clifton 4th and Camps Bay, kept theirs for the 2026/27 season in October 2026, a few minutes' drive south.

Landmark

Signal Hill

Above the suburb, Signal Hill is where Cape Town paragliders take off, with views over Sea Point and the Atlantic.

Schools

Schools nearby

Public: Sea Point High, Sea Point Primary and Ellerton Primary in Three Anchor Bay. Private: Herzlia Weizmann Primary on Kloof Road and the Cape Town French School primary campus.

Getting around

Bus and airport

MyCiTi route 104 stops at Sea Point Pool and Three Anchor Bay. The airport is about 20 to 25 minutes by car off-peak; there is no MyCiTi airport bus, suspended since 2022.

Coffee and tables

Kleinsky's

Bakery and deli on Regent Road, known for hand-rolled bagels and pastrami.

Jarryd's

Long-running Regent Road brunch spot, now a Parisian-style bistro.

Arlecchino

Italian restaurant from the Tashas Group on Regent Road, opened in January 2026.

Three Wise Monkeys

Asian fusion on Regent Road, known for its ramen.

Una Más

Mezcalería on Regent Road with more than 200 agave spirits.

Norfolk Deli and Coco Safar

Two of the suburb's coffee addresses; Coco Safar roasts its own beans.

5Living here

What residents deal with

Busy streets, active CID

Foot traffic keeps growing. The Sea Point City Improvement District stepped up cleaning and safety in 2025, and residents have raised concerns about street children.

Cranes on Main Road

New developments and commercial projects on Regent and Main Roads keep coming. The City-owned site at 1 Three Anchor Bay Road is being sold for high-density mixed use with affordable housing.

Short-term letting rules ahead

A draft City by-law published in August 2026 would require every short-term rental to register. Homes let short-term for more than half the nights would pay commercial rates from July 2027. It is still a proposal.

Race days close Beach Road

The Cape Town Marathon and the Cycle Tour close Beach Road each year. The next Marathon, on 23 May 2027, will be its first as a World Marathon Major.

Frequently asked questions

How much does an apartment cost in Sea Point in 2026?

Over the last 12 months of registered sales (to Aug 2026), the median apartment in Sea Point sold for R4.13m, or R67,188 per m². Eight in ten apartments sold between R2.24m and R11.05m. depending on size, building and view.

Are property prices going up in Sea Point?

Yes. Comparing sales within the same buildings, apartment prices per m² are up +46 % since 2023 and up +16 % in 2025 alone. Since July 2025, homes have sold for a median of +25 % their 2025 municipal value.

How many properties sell in Sea Point each year?

715 homes were registered as sold in 2025, worth R3.8bn in total. 2026 registrations are still being recorded.

Which buildings sell the most in Sea Point?

Since January 2023 the most traded buildings are Bordeaux (49 sales), The Centurion (30 sales), The President Hotel (26 sales), Rapallo (26 sales).

What rental yield can I expect in Sea Point?

A median 71 m² apartment rents for about R21,100 a month, a gross yield of about 6.1 %. Net yield, after rates, levies, insurance and letting fees, is lower: your free yield report calculates it for your unit.

Is there a Blue Flag beach in Sea Point?

No. None of Sea Point's beaches holds Blue Flag status. The nearest, Clifton 4th Beach and Camps Bay, kept their Blue Flag for the 2026/27 season. Sea Point is known for its Promenade, the Pavilion pool and tidal pools instead.

Is short-term letting allowed in Sea Point?

Yes, today. A draft City of Cape Town by-law (August 2026) would require registration of every short-term rental, and commercial rates from July 2027 for homes let short-term more than half the year. Sectional-title buildings can also have their own rules: check the conduct rules before buying.

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: 2,597 usable sales in Sea 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

Sources and method. Property figures: City of Cape Town, registered sales and 2025 General Valuation Roll, analysed by Sellect (2,597 usable sales; 74 outliers and bundles excluded). Price trends compare sales within the same building. Rents: Sellect estimate. Life and practical information: