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Sea Point · Building price report

Van Riebeeck, Sea Point: apartment prices, October 2026

16 Worcester Rd, a sectional-title scheme registered in 1989. Every sale registered here since January 2023, with the price per m², the trend and what a unit would rent for.

12 sales recorded in Van Riebeeck since 2024, median price R5.33m.

12 registered salesR40,100/m² median65 units
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Data: City of Cape Town public records, 12 registered sales, last updated October 2026.

By Samantha, Sellect · Sales registered Mar 2024 to Jul 2026 · Updated 21 October 2026 · Method
Gold: Van Riebeeck · grey: homes sold in Sea Point since 2023

Van Riebeeck in 60 seconds

City of Cape Town registered sales · method at the bottom of the page
R5.33mMedian sale price since 2023 (147 m² median)
R40,100Median price per m² since 2023
6 salesR42,500Median price per m², 2025 and 2026
R62,000/m²−31 %Compared with the Sea Point apartment median per m²
R3.95m to R9.35m12Registered sales since January 2023
R35,700/moEstimated rent for a median 147 m² unit
estimate8.0 %Estimated gross yield (5.0 % net)
65Residential units on the 2025 valuation roll
What is your home worth in Sea Point?Compare your unit with every sale in Van Riebeeck: a value range, the rent and the net yield, in 60 seconds. Free.
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1The building

About Van Riebeeck

By price per m², Van Riebeeck sits at number 79 of the 108 Sea Point buildings with five sales or more since 2023, below the neighbourhood median. The units that changed hands range from 117 m² to 177 m², mostly large apartments (median 147 m²). Two units were bought and resold within the period. With 65 residential units on the 2025 valuation roll, about 18 % of the building changed hands in under four years.

2Prices and trend

What Van Riebeeck 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 Van Riebeeck sell for about 31 % less per m² than the Sea Point median, a way into the neighbourhood below its usual price level. Units sold range from 117 m² to 177 m², with a median of 147 m². 12 sales were registered since January 2023, the most in 2024 (6). The median price per m² moved from R37,400 in 2023 and 2024 to R42,500 in 2025 and 2026, +14 %. Since July 2025, units here sold for a median of +17 % their 2025 municipal value.

Floor, view and condition move the price of each unit: value your apartment in Van Riebeeck against these sales, free.

Median price per m² by year

R37k20246 salesR44k20255 salesR41k20261 sale

Number of sales under each year. 2026 is partial.

Against the neighbourhood

Van RiebeeckR42,500
Sea Point medianR62,000
BordeauxR47,600
The CenturionR57,200
RapalloR48,600

Median price per m², sales since January 2025 where available. Sea Point median: apartments sold since January 2025.

YearSalesMedian priceMedian price per m²
20261R6.00mR40,816
20255R5.35mR44,218
20246R4.94mR37,415
3Recent sales

Every sale registered in Van Riebeeck since 2023

Month of registration, unit size and price, as published by the City of Cape Town. Unit numbers and owners are not shown.

RegisteredSizePricePrice per m²
Jul 2026147 m²R6.00mR40,816
Nov 2025177 m²R9.35mR52,825
Sep 2025117 m²R5.35mR45,726
Sep 2025147 m²R6.50mR44,218
Jun 2025132 m²R5.30mR40,152
May 2025117 m²R4.25mR36,325
Oct 2024117 m²R4.68mR40,000
Aug 2024147 m²R8.50mR57,823
Jun 2024147 m²R5.80mR39,456
May 2024147 m²R4.50mR30,612
Apr 2024117 m²R3.95mR33,761
Mar 2024147 m²R5.20mR35,374
4Rent and yield

What a unit in Van Riebeeck would earn

Estimates, not observed rents: Sellect model from the price level, the same as in your free report.

Estimate

Rent for a median unit

R35,700 /month

A 147 m² unit at the building median of R5.33m would rent for about R35,700 a month: a gross yield of about 8.0 % and about 5.0 % 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 %.

Your unit

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Your floor, view, size and condition move the price. Your free report compares your unit with every sale in Van Riebeeck and gives a value range, the rent and the net yield, in 60 seconds.

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Frequently asked questions

How much does an apartment in Van Riebeeck cost?

Since January 2023, 12 apartments were registered as sold in Van Riebeeck, Sea Point, at a median of R5.33m for 147 m², or R40,100 per m². Prices ranged from R3.95m to R9.35m.

Is Van Riebeeck expensive for Sea Point?

Units in Van Riebeeck sell for a median of R42,500 per m², 31 % below the Sea Point apartment median of R62,000 per m² for sales since January 2025.

What rent can I get for a flat in Van Riebeeck?

About R35,700 a month for a 147 m² unit, a gross yield of about 8.0 % (5.0 % 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.

Nearby buildings

Other buildings in Sea Point

Sources and method. City of Cape Town, registered sales and 2025 General Valuation Roll, analysed by Sellect; data updated 21 October 2026. Sales are shown per building, without unit numbers or owners’ names. Rents and yields are Sellect estimates. Figures are indicative, not a valuation.