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Strand property prices, October 2026
In the 12 months to Aug 2026, the median apartment in Strand sold for R1.40m, based on 1,766 registered sales recorded by Sellect since 2023. Comparing sales in the same buildings, apartment prices are up 22 % since 2023.
Value my Strand home1,766 homes registered as sold in Strand since January 2023, with apartment prices per m² moving +22 % since 2023 in the same buildings. Every figure below comes from the City of Cape Town registered sales.
Data: City of Cape Town public records, 1,766 registered sales, last updated October 2026.
By Samantha, Sellect · Sales registered Jan 2023 to Aug 2026 · Updated 21 October 2026 · MethodStrand in 60 seconds
City of Cape Town registered sales · method at the bottom of the pageWhat homes sell for in Strand
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, 1,766 homes were registered as sold in Strand, worth R3.2bn. Over the last 12 months the median apartment sold for R1.40m (R19,231 per m², 303 sales) and the median house for R2.50m (166 sales, 162 m² of living space). Six 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 Strand, in 60 seconds.
Apartment prices per m², same buildings
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
Sum of registered sale prices, apartments and houses. 2026 is partial: January to Aug 2026 so far.
Apartments and houses
- Apartments303 sales · median 71 m²R1.40m
- Houses166 sales · median 162 m² living areaR2.50m
Last 12 months, median prices. Dark: apartments · light: houses.
What homes sell for
Sales registered since January 2025, all homes.
From entry to top
In the last 12 months, eight apartments in ten sold between R711k and R3.29m. The cheapest went for R300k and the most expensive for R7.59m.
Last 12 months of registered sales.
Price by apartment size
| Size | Sales | Median price | Median price per m² |
|---|---|---|---|
| Studio (under 45 m²) | 27 | R740k | R19,138 |
| 45 to 70 m² | 188 | R815k | R14,220 |
| 70 to 100 m² | 156 | R1.45m | R19,096 |
| 100 to 150 m² | 97 | R2.40m | R20,476 |
| Over 150 m² | 31 | R4.75m | R23,077 |
Apartments sold since January 2025. Price per m² by size runs from R14,000 to R23,000.
Latest registered apartment sales
| Building or street | Registered | Size | Price | Price per m² |
|---|---|---|---|---|
| Eden, Fijnbos Close | Aug 2026 | 61 m² | R1.65m | R27,049 |
| Dawida, Birkenhead Street | Aug 2026 | 46 m² | R1.30m | R28,261 |
| Elistrahof, Hofmeyer Street | Aug 2026 | 57 m² | R750k | R13,158 |
| Grasso Strand, Beach Road | Jul 2026 | 80 m² | R2.20m | R27,500 |
| Madison Square, Napier Street | Jul 2026 | 71 m² | R1.40m | R19,704 |
| Maranel, Haarlem Street | Jul 2026 | 73 m² | R1.29m | R17,740 |
| Mostert's Park-waaibos, Kleinbos Lane | Jul 2026 | 65 m² | R850k | R13,077 |
| Vredenhof Road | Jul 2026 | 43 m² | R750k | R17,442 |
| Bergzicht Gardens, Fijnbos Close | Jul 2026 | 77 m² | R1.60m | R20,779 |
| Soteria, Chicago Avenue | Jul 2026 | 47 m² | R660k | R14,043 |
The 10 most recent apartment sales registered in Strand, as published by the City of Cape Town. Unit numbers and owners are not shown.
From the cheapest to the record
Cheapest apartments, last 12 months
- Baltimore, Kahlenberg Crescent48 m² · Mar 2026R300k
- Loeryn, Young Street79 m² · Nov 2025R366k
- Peninsula Bay, Beach Road26 m² · Sep 2025R385k
Most expensive apartments since 2023
- Hibernian Towers, Kruger Street389 m² · Mar 2025R9.50m
- Grasso Strand, Beach Road191 m² · Jan 2025R8.50m
- Hibernian Towers, Kruger Street193 m² · Apr 2026R7.59m
- Topaz, Beach Road251 m² · Sep 2023R7.00m
Most expensive houses since 2023
- Main Road252 m² · Aug 2023R7.00m
- Hartwig Crescent323 m² · Mar 2026R6.00m
- De Beers Road398 m² · Feb 2025R5.95m
- De Vos Street335 m² · Mar 2026R5.85m
127 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.
Soteria on Chicago Avenue is the most traded scheme since 2023, with 77 sales. Cape Sands on Beach Road has the highest median price per m², R40,796.
| Building | Sales | Median price | Median size | Price per m² | Range |
|---|---|---|---|---|---|
| SoteriaChicago Avenue | 77 | R655k | 55 m² | R12,500 | R290k to R2.30m |
| Villa ArnoldoKleinbos Laan | 39 | R570k | 53 m² | R10,800 | R500k to R640k |
| Green Acre TerracesFame Crescent | 37 | R650k | 58 m² | R11,207 | R455k to R780k |
| Hibernian TowersKruger Street | 37 | R3.40m | 96 m² | R35,165 | R240k to R9.50m |
| Chianti HeightsFame Crescent | 35 | R695k | 60 m² | R12,000 | R580k to R850k |
| WelgelegenBeach Road | 35 | R2.05m | 114 m² | R21,739 | R1.20m to R3.10m |
| Villa CastelloVredenhof Road | 34 | R694k | 60 m² | R12,000 | R481k to R850k |
| EdenFijnbos Close | 32 | R1.36m | 66 m² | R20,839 | R1.00m to R1.65m |
| St TropezWoltemade Street | 24 | R1.90m | 60 m² | R29,833 | R566k to R2.85m |
| BroadwayGeorge Street | 23 | R582k | 36 m² | R16,277 | R400k to R735k |
The 10 most traded buildings in Strand since January 2023.
Highest price per m²
- Cape SandsBeach Road · 16 salesR40,796/m²
- Hibernian TowersKruger Street · 37 salesR35,165/m²
- 97 on StrandBeach Road · 8 salesR32,754/m²
- TopazBeach Road · 10 salesR31,452/m²
- Cap D'AzurBeach Road · 8 salesR31,313/m²
Lowest price per m²
- LiebenhofYoung Street · 8 salesR10,288/m²
- Villa ArnoldoKleinbos Laan · 39 salesR10,800/m²
- HelderzichtDaries Street · 15 salesR11,000/m²
- Panorama Flats and Central CourtTerhoeven Street · 9 salesR11,081/m²
- Green Acre TerracesFame Crescent · 37 salesR11,207/m²
Often older blocks, smaller balconies or no view: the gap is also an opportunity to renovate.
Most traded streets
- Beach Road333 sales · R23,171/m²R2.20m
- Chicago Avenue77 sales · R12,500/m²R655k
- Fame Crescent72 sales · R11,371/m²R660k
- George Street54 sales · R16,795/m²R755k
- Vredenhof Road52 sales · R12,500/m²R690k
Median apartment price per street.
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.
119 homes were bought and resold within the period; 95 % of their owners sold for more than they paid, with a median gain of 22 %. 20 sales since January 2025 went for at least 20 % below similar units in the same scheme.
Biggest resale gains
- Johanna Presence Street50 m² · bought Jun 2023 for R250k, sold Jun 2024+224 %
- Sildene, Main Road85 m² · bought May 2023 for R525k, sold Jan 2026+167 %
- Monaco Gardens, Beach Road129 m² · bought Mar 2023 for R814k, sold Dec 2024+161 %
- Kyle Street119 m² · bought Nov 2024 for R945k, sold Apr 2026+143 %
- St Tropez, Woltemade Street30 m² · bought Mar 2023 for R566k, sold Sep 2025+141 %
Units bought and resold between January 2023 and Aug 2026, held at least 12 months for this list. Big jumps usually follow a renovation.
Sold well under their building’s price
- Grasso Strand, Beach Road110 m² · Feb 2025 · building median R21,818/m²R1.40m−42 %
- Zeezicht, Beach Road123 m² · Jul 2025 · building median R24,390/m²R1.91m−36 %
- Blake's Terrace, Beach Road89 m² · Feb 2026 · building median R26,364/m²R1.50m−36 %
- The Majestic, Michau Street66 m² · Mar 2025 · building median R19,473/m²R850k−34 %
- Metropole Plaza, Beach Road134 m² · Nov 2025 · building median R22,373/m²R2.00m−33 %
20 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.
What an apartment rents for
A median 71 m² apartment in Strand would rent for about R10,500 a month, a gross yield of about 9.0 % and about 4.8 % net after rates, levies, management and empty months.
Sellect estimate from the price level, not observed rents. Rental yield in Strand by apartment size.
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 estimateWhat is your Strand home worth today?
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Frequently asked questions
How much does an apartment cost in Strand in 2026?
Over the last 12 months of registered sales (to Aug 2026), the median apartment in Strand sold for R1.40m, or R19,231 per m². Eight in ten apartments sold between R711k and R3.29m, depending on size, building and view.
How much does a house cost in Strand?
Over the last 12 months, 166 houses were registered as sold in Strand at a median of R2.50m, for a median 162 m² of living space.
Are property prices going up in Strand?
Yes. Comparing sales within the same buildings, apartment prices per m² are up +22 % since 2023 and moved +6 % in 2025 alone.
How many properties sell in Strand each year?
518 homes were registered as sold in 2025, worth R1.0bn in total. 2026 registrations are still being recorded.
Which buildings sell the most in Strand?
Since January 2023 the most traded buildings are Soteria (77 sales), Villa Arnoldo (39 sales), Green Acre Terraces (37 sales), Hibernian Towers (37 sales).
What rental yield can I expect in Strand?
A median 71 m² apartment rents for about R10,500 a month, a gross yield of about 9.0 %. Net yield, after rates, levies, management and empty months, is about 4.8 %. 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: 1,766 usable sales in Strand 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.