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Three Anchor Bay · Building price report

Fairmile, Three Anchor Bay: apartment prices, October 2026

207 Main Rd, a sectional-title scheme registered in 1981. 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 Fairmile since 2023, median price R1.76m.

12 registered salesR44,900/m² median51 units
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Data: City of Cape Town public records, 12 registered sales, last updated October 2026.

By Samantha, Sellect · Sales registered Jan 2023 to Jun 2026 · Updated 21 October 2026 · Method
Gold: Fairmile · grey: homes sold in Three Anchor Bay since 2023

Fairmile in 60 seconds

City of Cape Town registered sales · method at the bottom of the page
R1.76mMedian sale price since 2023 (42 m² median)
R44,900Median price per m² since 2023
3 salesR50,000Median price per m², 2025 and 2026
R51,700/m²−3 %Compared with the Three Anchor Bay apartment median per m²
R1.28m to R2.65m12Registered sales since January 2023
R11,200/moEstimated rent for a median 42 m² unit
estimate7.6 %Estimated gross yield (5.0 % net)
51Residential units on the 2025 valuation roll
What is your home worth in Three Anchor Bay?Compare your unit with every sale in Fairmile: a value range, the rent and the net yield, in 60 seconds. Free.
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1The building

About Fairmile

The sectional-title scheme was registered in 1981. By price per m², Fairmile sits at number 12 of the 20 Three Anchor Bay buildings with five sales or more since 2023, below the neighbourhood median. Its top sale since 2023: R2.65m for 45 m², registered in Mar 2026. With 51 residential units on the 2025 valuation roll, about 24 % of the building changed hands in under four years.

2Prices and trend

What Fairmile 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 Fairmile sell at about the Three Anchor Bay median price per m². The units that changed hands are all of a similar size, around 42 m². 12 sales were registered since January 2023, the most in 2024 (5). The median price per m² moved from R44,400 in 2023 and 2024 to R50,000 in 2025 and 2026, +12 %. Since July 2025, units here sold for a median of +10 % their 2025 municipal value.

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

Median price per m² by year

R35k20234 salesR45k20245 salesR49k20251 saleR54k20262 sales

Number of sales under each year. 2026 is partial.

Against the neighbourhood

FairmileR50,000
Three Anchor Bay medianR51,700
Chartleigh HouseR52,300
Twin TowersR47,900
RockawaysR42,100

Median price per m², sales since January 2025 where available. Three Anchor Bay median: apartments sold since January 2025.

YearSalesMedian priceMedian price per m²
20262R2.42mR54,444
20251R1.75mR48,611
20245R1.77mR44,545
20234R1.48mR35,417
3Recent sales

Every sale registered in Fairmile 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
Jun 202644 m²R2.20mR50,000
Mar 202645 m²R2.65mR58,889
Mar 202536 m²R1.75mR48,611
Nov 202436 m²R1.60mR44,444
Oct 202431 m²R1.95mR62,903
Jul 202435 m²R1.93mR55,000
Jul 202444 m²R1.77mR40,227
May 202433 m²R1.47mR44,545
Jun 202344 m²R1.65mR37,500
May 202344 m²R1.28mR29,091
Apr 202339 m²R1.30mR33,333
Jan 202344 m²R1.99mR45,227
4Rent and yield

What a unit in Fairmile 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

R11,200 /month

A 42 m² unit at the building median of R1.76m would rent for about R11,200 a month: a gross yield of about 7.6 % 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 Fairmile 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 Fairmile cost?

Since January 2023, 12 apartments were registered as sold in Fairmile, Three Anchor Bay, at a median of R1.76m for 42 m², or R44,900 per m². Prices ranged from R1.28m to R2.65m.

Is Fairmile expensive for Three Anchor Bay?

Units in Fairmile sell for a median of R50,000 per m², 3 % below the Three Anchor Bay apartment median of R51,700 per m² for sales since January 2025.

What rent can I get for a flat in Fairmile?

About R11,200 a month for a 42 m² unit, a gross yield of about 7.6 % (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 Three Anchor Bay

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.