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Rental yield in Sea Point, October 2026
What an apartment in Sea Point rents for, and what its owner keeps after rates, levies, management and empty months, by apartment size. Built from 2,597 registered sales; rents are estimated, not observed.
By Samantha, Sellect · Updated 21 October 2026 · MethodYield in Sea Point at a glance
Sellect estimates · method at the bottom of the pageRent and yield by size in Sea Point
Median price of apartments sold since January 2025 in each size band; rent from the Sellect yield model; costs as in your free report.
In Sea Point, the best net yield on these estimates comes from 70 to 100 m² units: about 4.5 % net on a median price of R4.49m. Small units rent for more per m², but levies and rates weigh more on them, which is why net yields converge across sizes.
| Size | Median price | Rent a month | Gross yield | Rates a year | Levies a year | Net yield |
|---|---|---|---|---|---|---|
| Studio (under 45 m²)256 sales · median 30 m² | R2.51m | R10,900 | 5.2 % | R12,900 | R16,200 | 3.4 % |
| 45 to 70 m²186 sales · median 54 m² | R3.04m | R16,900 | 6.7 % | R16,300 | R29,160 | 4.4 % |
| 70 to 100 m²228 sales · median 84 m² | R4.49m | R26,000 | 6.9 % | R25,600 | R45,360 | 4.5 % |
| 100 to 150 m²171 sales · median 117 m² | R6.40m | R36,800 | 6.9 % | R37,900 | R63,120 | 4.5 % |
| Over 150 m²80 sales · median 192 m² | R12.03m | R66,100 | 6.6 % | R77,300 | R103,920 | 4.3 % |
Sea Point against its neighbours
Median apartment in each suburb, same model and costs.
| Suburb | Median size | Rent a month | Gross | Net |
|---|---|---|---|---|
| Sea Point | 71 m² | R21,100 | 6.1 % | 3.9 % |
| Three Anchor Bay | 78 m² | R23,500 | 6.9 % | 4.5 % |
| Green Point | 80 m² | R24,500 | 6.4 % | 4.1 % |
| Fresnaye | 138 m² | R45,900 | 5.9 % | 3.7 % |
| Bantry Bay | 156 m² | R64,400 | 4.5 % | 2.8 % |
What does your Sea Point apartment earn?
Your exact rent, net yield and the three letting strategies compared (long-term, mid-term, hybrid), for your own unit. Free, in 60 seconds.
How these yields are built
Estimated rents, not observed
Sellect does not yet collect actual leases. Rents come from a gross-yield model that falls as the price per m² rises, calibrated on 2026 listings and the PayProp Western Cape rent index. Your building, view, furnishing and season can move the real rent by 20 % or more.
What is taken off
Municipal rates at the City’s 2026/27 residential rate (0.006428 per rand, first R500,000 exempt for homes up to R8m), levies estimated at R45 per m² a month, letting and management at 8 % of the rent, and 4 % of the year empty. Not included: your bond, maintenance, contents insurance and income tax.
Frequently asked questions
What is the rental yield in Sea Point?
On Sellect estimates, a median 71 m² apartment in Sea Point rents for about R21,100 a month: a gross yield of about 6.1 % and a net yield of about 3.9 % after rates, levies, management and vacancy.
Which apartments yield the most in Sea Point?
On these estimates, 70 to 100 m² units: about 4.5 % net on a median price of R4.49m. Check the figure for your own unit with the free yield calculator.
Are these rents real?
No. They are estimates from the price level, not observed leases. Your report lets you enter your actual rent and levy for an exact figure.