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Portman Place, Sea Point: apartment prices, October 2026
21 Fir Avenue, a sectional-title scheme registered in 2007. Every sale registered here since January 2023, with the price per m², the trend and what a unit would rent for.
19 sales recorded in Portman Place since 2023, median price R5.38m.
Data: City of Cape Town public records, 19 registered sales, last updated October 2026.
By Samantha, Sellect · Sales registered Jan 2023 to Jul 2026 · Updated 21 October 2026 · MethodPortman Place in 60 seconds
City of Cape Town registered sales · method at the bottom of the pageAbout Portman Place
Flats sold here since 2023 are mostly two- and three-bedroom sizes: a median of 82 m², from 62 m² to 171 m². Among 108 Sea Point buildings with at least five sales since 2023, Portman Place ranks in the top fifth by price per m² (number 9). Three units were bought and resold within the period. The sectional-title scheme was registered in 2007.
What Portman Place 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 Portman Place sell for about 12 % more per m² than the Sea Point median, which puts it among the pricier blocks in the neighbourhood. Units sold range from 62 m² to 171 m², with a median of 82 m². 19 sales were registered since January 2023, the most in 2023 (7). The median price per m² moved from R49,000 in 2023 and 2024 to R69,500 in 2025 and 2026, +42 %. Since July 2025, units here sold for a median of +38 % their 2025 municipal value.
Floor, view and condition move the price of each unit: value your apartment in Portman Place against these sales, free.
Median price per m² by year
Number of sales under each year. 2026 is partial.
Against the neighbourhood
Median price per m², sales since January 2025 where available. Sea Point median: apartments sold since January 2025.
| Year | Sales | Median price | Median price per m² |
|---|---|---|---|
| 2026 | 3 | R6.75m | R86,667 |
| 2025 | 5 | R5.45m | R57,317 |
| 2024 | 4 | R4.40m | R50,609 |
| 2023 | 7 | R4.40m | R47,581 |
Every sale registered in Portman Place since 2023
Month of registration, unit size and price, as published by the City of Cape Town. Unit numbers and owners are not shown.
| Registered | Size | Price | Price per m² |
|---|---|---|---|
| Jul 2026 | 75 m² | R6.50m | R86,667 |
| May 2026 | 82 m² | R6.75m | R82,317 |
| May 2026 | 128 m² | R12.00m | R93,750 |
| Jun 2025 | 99 m² | R5.45m | R55,051 |
| May 2025 | 71 m² | R4.00m | R56,338 |
| Mar 2025 | 82 m² | R4.70m | R57,317 |
| Jan 2025 | 75 m² | R5.60m | R74,667 |
| Jan 2025 | 101 m² | R6.50m | R64,356 |
| Dec 2024 | 98 m² | R4.80m | R48,980 |
| Nov 2024 | 71 m² | R4.00m | R56,338 |
| May 2024 | 82 m² | R4.00m | R48,780 |
| Apr 2024 | 134 m² | R7.00m | R52,239 |
| Oct 2023 | 101 m² | R5.38m | R53,218 |
| Aug 2023 | 62 m² | R2.95m | R47,581 |
| Jun 2023 | 144 m² | R5.55m | R38,542 |
| May 2023 | 72 m² | R4.40m | R61,111 |
| Apr 2023 | 72 m² | R2.45m | R34,028 |
| Mar 2023 | 171 m² | R12.25m | R71,637 |
| Jan 2023 | 72 m² | R3.00m | R41,667 |
What a unit in Portman Place would earn
Estimates, not observed rents: Sellect model from the price level, the same as in your free report.
Rent for a median unit
A 82 m² unit at the building median of R5.38m would rent for about R30,400 a month: a gross yield of about 6.8 % and about 4.6 % 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 %.
Value your flat in Portman Place
Your floor, view, size and condition move the price. Your free report compares your unit with every sale in Portman Place and gives a value range, the rent and the net yield, in 60 seconds.
Value my flat in Portman PlaceOwn a flat in Portman Place?
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Frequently asked questions
How much does an apartment in Portman Place cost?
Since January 2023, 19 apartments were registered as sold in Portman Place, Sea Point, at a median of R5.38m for 82 m², or R56,300 per m². Prices ranged from R2.45m to R12.25m.
Is Portman Place expensive for Sea Point?
Units in Portman Place sell for a median of R69,500 per m², 12 % above the Sea Point apartment median of R62,000 per m² for sales since January 2025.
What rent can I get for a flat in Portman Place?
About R30,400 a month for a 82 m² unit, a gross yield of about 6.8 % (4.6 % 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.