Property prices in Cape Town City Centre

The typical asking price in Cape Town City Centre, Cape Town, Western Cape is R 2 762 500 for an apartment. The typical apartment price in Cape Town City Centre is 1% below the typical Cape Town price of R 2 800 000. Of the 30 suburbs in Cape Town with a typical apartment price, Cape Town City Centre has the 14th lowest. Apartments typically rent for R 16 245 a month. Figures updated in November 2026.

Prices for sale in Cape Town City Centre

Median asking price by home type, Cape Town City Centre
Home typeMedian asking priceMedian per m²Middle 50% per m²Confidence
HousesR 9 450 000R 60 577—1 / 5
ApartmentsR 2 762 500R 53 175R 43 165 – R 71 7465 / 5
Median asking price by bedrooms, Cape Town City Centre
BedroomsApartments
Studio / 0R 1 969 994
1 bedroomR 2 600 000
2 bedroomsR 4 295 000
3 bedroomsR 17 987 500

Rents in Cape Town City Centre

Median monthly rent by home type, Cape Town City Centre
Home typeMedian rent / monthMedian per m² / monthMiddle 50% per m²Confidence
HousesR 26 500R 132—1 / 5
ApartmentsR 16 245R 356R 302 – R 4794 / 5
Typical monthly rent by bedrooms (mean of the middle half of rents), Cape Town City Centre
BedroomsApartments
Studio / 0R 13 178
1 bedroomR 15 293
2 bedroomsR 28 025

Gross rental yield by home type in Cape Town City Centre

Gross rental yield by home type, Cape Town City Centre
Home typeGross yield
Apartments8,0%

Suburbs bordering Cape Town City Centre

Median asking prices and rents, Cape Town City Centre and the suburbs bordering it
SuburbHouse priceApartment priceTownhouse priceHouse rent / monthApartment rent / monthTownhouse rent / month
Cape Town City CentreR 9 450 000R 2 762 500—R 26 500R 16 245—
ForeshoreR 2 650 000R 3 300 000—R 13 000R 16 500—
GardensR 11 500 000R 3 250 000R 10 950 000R 50 000R 19 000R 55 000
Bo KaapR 5 550 000R 4 897 500R 3 595 000R 6 000R 9 000—
De WaterkantR 12 874 500R 5 450 000—R 31 000R 27 500—
ZonnebloemR 1 499 999R 2 050 000R 3 247 500R 11 000R 15 500—
WaterfrontR 18 995 000R 17 497 500—R 38 000R 60 000—

Compare all suburbs in Cape Town

Grey figures are indicative.

Figures are asking prices, not completed sale prices. Data last updated: .