- Home
- Atlantic Seaboard
- Three Anchor Bay
Three Anchor Bay property prices, October 2026
In the 12 months to Aug 2026, the median apartment in Three Anchor Bay sold for R4.09m, based on 342 registered sales recorded by Sellect since 2023. Comparing sales in the same buildings, apartment prices are up 65 % since 2023.
Value my Three Anchor Bay homeThree Anchor Bay is the small cove between Sea Point and Mouille Point: about 100 homes sell a year, the median apartment costs R4.09m, and like-for-like prices are up 65 % since 2023, one of the fastest rises on the Seaboard.
Data: City of Cape Town public records, 342 registered sales, last updated October 2026.
By Samantha, Sellect · Sales registered Jan 2023 to Aug 2026 · Updated 21 October 2026 · MethodThree Anchor Bay in 60 seconds
City of Cape Town registered sales · method at the bottom of the pageA small market catching up fast
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, 342 homes were registered as sold in Three Anchor Bay, worth R1.5bn. Volumes are small and uneven, from 74 to 116 sales a year, and nine sales in ten are apartments, most of them in the blocks along Main Road and Beach Road. Prices per m² still sit below Sea Point and Mouille Point, which is what buyers have been chasing.
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 Three Anchor Bay, 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
- Apartments62 sales · median 78 m²R4.09m
- Houses6 sales · median 174 m² living areaR8.05m
Last 12 months, median prices. Houses are rare here: almost every sale is an apartment.
What homes sell for
Sales registered since January 2025, all homes.
Selling above the municipal value
Since the City’s valuation date of 1 July 2025, homes in Three Anchor Bay have sold for a median of +40 % their 2025 municipal value. 89 % sold above it.
61 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
| Size | Sales | Median price | Median price per m² |
|---|---|---|---|
| Studio (under 45 m²) | 15 | R2.20m | R59,524 |
| 45 to 70 m² | 22 | R3.00m | R52,040 |
| 70 to 100 m² | 43 | R4.15m | R48,256 |
| 100 to 150 m² | 20 | R5.60m | R48,451 |
| Over 150 m² | 5 | R10.70m | R58,117 |
Apartments sold since January 2025. Studios carry the highest price per m² in Three Anchor Bay, about R59,500, because they are cheap enough to buy as rentals. Units of 70 to 150 m² are the best value per m², around R48,000 to R48,000.
Latest registered apartment sales
| Building or street | Registered | Size | Price | Price per m² |
|---|---|---|---|---|
| Main Close | Aug 2026 | 58 m² | R4.50m | R77,586 |
| Three Anchor House, Main Road | Aug 2026 | 64 m² | R3.20m | R50,000 |
| West Court, Main Road | Jul 2026 | 59 m² | R2.70m | R45,763 |
| Shoreham, Beach Road | Jul 2026 | 118 m² | R11.30m | R95,763 |
| Twin Towers, Fort Road | Jul 2026 | 135 m² | R7.00m | R51,852 |
| Chartleigh House, Beach Road | Jul 2026 | 54 m² | R3.99m | R73,889 |
| Fairhaven Three Anchor Bay, Main Road | Jun 2026 | 113 m² | R5.50m | R48,673 |
| Glen Bay, Glengariff Road | Jun 2026 | 35 m² | R2.20m | R62,857 |
| Fairmile, Main Road | Jun 2026 | 44 m² | R2.20m | R50,000 |
| Scholtz Road | May 2026 | 72 m² | R5.50m | R76,319 |
The 10 most recent apartment sales registered in Three Anchor Bay, 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
- Chartleigh House, Beach Road18 m² · Nov 2025R400k
- Rockaways, Main Road21 m² · Sep 2025R1.35m
- Chartleigh House, Beach Road52 m² · Oct 2025R1.75m
Most expensive apartments since 2023
- Marine Road321 m² · Jan 2025R23.00m
- Chartleigh House, Beach Road186 m² · Feb 2024R11.80m
- Scholtz Road144 m² · Mar 2023R11.50m
- Twin Towers, Fort Road187 m² · Mar 2023R11.35m
Most expensive houses since 2023
- Scholtz Road235 m² · Jun 2024R12.00m
- Hatfield Road240 m² · Feb 2024R11.00m
- St Martins Road164 m² · May 2024R10.64m
- Mutley Road229 m² · Jul 2023R10.20m
40 buildings traded, led by Twin Towers and Chartleigh House
Sectional-title schemes with at least 5 registered sales since January 2023. Prices per m² are medians over the whole period.
Twin Towers on Fort Road and Chartleigh House on Beach Road are the most traded buildings, with 19 and 19 sales since 2023. Shoreham on Beach Road reaches R54,545 per m², while Ventnor House on Main Road trades nearer R31,877.
| Building | Sales | Median price | Median size | Price per m² | Range |
|---|---|---|---|---|---|
| Twin TowersFort Road | 19 | R7.00m | 135 m² | R43,850 | R1.10m to R11.35m |
| Chartleigh HouseBeach Road | 19 | R3.99m | 88 m² | R44,444 | R400k to R11.80m |
| RockawaysMain Road | 17 | R2.85m | 76 m² | R36,508 | R1.35m to R4.50m |
| West CourtMain Road | 17 | R2.05m | 37 m² | R45,143 | R1.31m to R6.00m |
| ShorehamBeach Road | 13 | R3.50m | 103 m² | R54,545 | R1.10m to R11.30m |
| FairmileMain Road | 12 | R1.76m | 42 m² | R44,886 | R1.28m to R2.65m |
| Vicmor CourtMain Road | 12 | R2.77m | 87 m² | R37,623 | R1.45m to R4.80m |
| Bonne EsperanceBeach Road | 11 | R6.35m | 79 m² | R48,658 | R1.50m to R8.95m |
| InvernessCamberwell Road | 10 | R2.27m | 57 m² | R40,614 | R500k to R4.50m |
| PrincetonMain Road | 9 | R3.00m | 74 m² | R40,473 | R1.78m to R4.80m |
The 10 most traded buildings in Three Anchor Bay since January 2023. Building names link to their own price page.
Highest price per m²
- ShorehamBeach Road · 13 salesR54,545/m²
- Gloucester CourtBeach Road · 7 salesR49,351/m²
- Bonne EsperanceBeach Road · 11 salesR48,658/m²
- West CourtMain Road · 17 salesR45,143/m²
- FairmileMain Road · 12 salesR44,886/m²
Lowest price per m²
- Ventnor HouseMain Road · 8 salesR31,877/m²
- Avondale FlatsAvondale Road · 7 salesR32,609/m²
- Black RockMain Road · 6 salesR35,364/m²
- RockawaysMain Road · 17 salesR36,508/m²
- IllovoBeach Road · 7 salesR36,559/m²
Often older blocks, smaller balconies or no view: the gap is also an opportunity to renovate.
Most traded streets
- Main Road113 sales · R38,356/m²R2.75m
- Beach Road59 sales · R46,517/m²R3.80m
- Glengariff Road28 sales · R42,357/m²R2.65m
- Fort Road19 sales · R43,850/m²R7.00m
- Scholtz Road15 sales · R59,722/m²R4.20m
Median apartment price per street.
All buildings in Three Anchor Bay with their own price page
Every sale, the price per m² by year, the trend and an estimated rent, building by building.
Resales show the jump in prices
Built from units registered twice since January 2023 and from sales compared with similar-sized units in the same building.
20 homes were bought and resold within the period, and 95 % sold for more than they paid: a median gain of 43 % after 22 months, about 23 % a year. 4 sales since January 2025 went well below similar units in their building.
Biggest resale gains
- Frere Road67 m² · bought Apr 2023 for R1.95m, sold Mar 2026+131 %
- Illovo, Beach Road83 m² · bought Jan 2023 for R3.10m, sold Apr 2026+105 %
- Inverness, Camberwell Road57 m² · bought Jun 2023 for R2.35m, sold Jul 2025+92 %
- Main Close58 m² · bought Mar 2024 for R2.50m, sold Aug 2026+80 %
- West Court, Main Road35 m² · bought Apr 2024 for R1.40m, sold Mar 2026+66 %
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
- Vicmor Court, Main Road84 m² · Sep 2025 · building median R43,636/m²R2.35m−36 %
- Chartleigh House, Beach Road52 m² · Oct 2025 · building median R46,076/m²R1.75m−27 %
- Princeton, Main Road89 m² · Oct 2025 · building median R42,236/m²R2.80m−26 %
- Bonne Esperance, Beach Road149 m² · Jan 2025 · building median R54,058/m²R6.35m−21 %
4 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 78 m² apartment in Three Anchor Bay would rent for about R23,500 a month, a gross yield of about 6.9 % and about 4.5 % net after rates, levies, management and empty months.
Sellect estimate from the price level, not observed rents. Rental yield in Three Anchor Bay 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 Three Anchor Bay home worth today?
Enter your address: a value range built from the sales above, the comparables in your building and your monthly rent, in 60 seconds. Free, and no agent will call you.
The cove, the slipway and Main 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.
Three Anchor Bay is a small pocket on the seaward side of Signal Hill, where Sea Point, Green Point and Mouille Point meet, so its boundaries are easy to miss. Its streets run from the cove on Beach Road up across Main Road, lined mostly with apartment blocks and a handful of restored Victorian houses.
Three Anchor Bay beach
A small sheltered cove on Beach Road with a sandy beach, a boat slipway used by recreational skippers, toilets and disability access.
Kayaks and wildlife
The often calm water makes the bay a launch point for kayakers, with guided trips from a shop across the road. Penguins, seals, dolphins and sunfish are regularly seen.
Where the name comes from
The name appears in Dutch records from 1661 and probably refers to a defensive chain across the bay held in place by three anchors.
Promenade, park and hill
The coast road leads straight onto the Sea Point Promenade one way and to the Mouille Point lighthouse the other. Green Point Park and the Signal Hill viewpoints are close by.
Ellerton Primary
Ellerton Primary, a public primary school, is at 227 Main Road in Three Anchor Bay. Sea Point High and Reddam House Atlantic Seaboard are the nearest high schools.
MyCiTi route 104
MyCiTi route 104 has a Three Anchor Bay stop. The city centre is about 4 km away and Cape Town International Airport about 24 km.
Coffee and tables
Shift Espresso Bar Glengariff
Neighbourhood espresso bar at 229a Main Road, open from early morning for coffee, bagels and breakfast.
Bootlegger Three Anchor Bay
Halaal branch of the coffee chain at 257 Main Road, serving all-day breakfast and lunch seven days a week.
Step Brothers
Family restaurant and bar on Bill Peters Drive beside Green Point Park, with pizza, pasta and a fenced play area.
The Eatery at Antrim House
Daytime restaurant and lounge in the Antrim Road guesthouse, serving eclectic plates and cocktails.
What residents deal with
A new precinct on Erf 2187
The City wants to release its 4.5 ha site at Three Anchor Bay for mixed use: its conceptual maximum is up to 1,145 homes, a hotel of up to 325 rooms, shops and offices, with at least 20 % of homes for affordable submarkets.
Residents push back
A petition with more than 300 signatures opposes rezoning the land. Comment on the draft Basic Assessment Report closed on 20 July 2026, and a land use application was expected from September 2026, with Heritage Western Cape approval also required.
Traffic and sewer capacity
The City has said it will assess traffic congestion, sanitation infrastructure and the public transport impact on the Atlantic Seaboard before the site is developed.
Library and civic hall stay
The Colin Eglin Library and the civic hall are to be kept, and the plans reserve community space for a library expansion and an early childhood development centre.
Frequently asked questions
How much does an apartment cost in Three Anchor Bay in 2026?
Over the last 12 months of registered sales (to Aug 2026), the median apartment in Three Anchor Bay sold for R4.09m, or R54,631 per m². Eight in ten apartments sold between R2.20m and R7.19m, depending on size, building and view.
Are property prices going up in Three Anchor Bay?
Yes. Comparing sales within the same buildings, apartment prices per m² are up +65 % since 2023 and moved +15 % in 2025 alone. Since July 2025, homes have sold for a median of +40 % their 2025 municipal value.
How many properties sell in Three Anchor Bay each year?
74 homes were registered as sold in 2025, worth R333m in total. 2026 registrations are still being recorded.
Which buildings sell the most in Three Anchor Bay?
Since January 2023 the most traded buildings are Twin Towers (19 sales), Chartleigh House (19 sales), Rockaways (17 sales), West Court (17 sales).
What rental yield can I expect in Three Anchor Bay?
A median 78 m² apartment rents for about R23,500 a month, a gross yield of about 6.9 %. Net yield, after rates, levies, management and empty months, is about 4.5 %. Your free yield report calculates it for your unit.
Is Three Anchor Bay part of Sea Point or Green Point?
Neither, strictly: it is a small suburb of its own where Sea Point and Green Point meet, next to Mouille Point. Some addresses and City documents describe the area as Three Anchor Bay, Green Point, so the boundary is easy to miss.
Can you swim or kayak at Three Anchor Bay?
The sheltered cove is popular with kayakers and paddlers, and guided sea-kayak trips leave from across Beach Road with no experience needed. It is not a Blue Flag beach: the nearest Blue Flag beaches for 2026/27 are Clifton 4th and Camps Bay.
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: 342 usable sales in Three Anchor Bay 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.
- City of Cape Town: Three Anchor Bay beach
- South African History Online: Three Anchor Bay
- Chas Everitt: Three Anchor Bay area profile
- Ellerton Primary School listing
- IOL: places you can reach with MyCiTi
- Restaurants in Three Anchor Bay
- Shift Espresso Bar Glengariff
- Bootlegger Three Anchor Bay
- Cape Town with Kids: Step Brothers
- Eat Out: Antrim House
- Cape Argus: residents rally against Three Anchor Bay development (July 2026)
- Cape Argus: the Three Anchor Bay land sale (August 2025)
- BusinessTech: Blue Flag beaches 2026/27