Property prices in Richwood

The typical asking price in Richwood, Milnerton, Western Cape is R 1 495 000 for an apartment. The typical apartment price in Richwood is 29% below the typical Milnerton price of R 2 100 000. At R 27 500 per m², apartments in Richwood cost 10% less than the Milnerton figure of R 30 645, which points to smaller homes. Of the 5 suburbs in Milnerton with a typical apartment price, Richwood has the lowest. Apartments typically rent for R 13 500 a month. Apartments in Richwood return a gross rental yield of 10,2%, above the Milnerton figure of 9,1%. Figures updated in November 2026.

Prices for sale in Richwood

Median asking price by home type, Richwood
Home typeMedian asking priceMedian per m²Middle 50% per m²Confidence
HousesR 1 600 000———
ApartmentsR 1 495 000R 27 500R 24 113 – R 30 2064 / 5
Median asking price by bedrooms, Richwood
BedroomsApartments
1 bedroomR 1 350 000

Rents in Richwood

Median monthly rent by home type, Richwood
Home typeMedian rent / monthMedian per m² / monthMiddle 50% per m²Confidence
HousesR 16 000R 99—1 / 5
ApartmentsR 13 500R 233R 211 – R 2634 / 5
Typical monthly rent by bedrooms (mean of the middle half of rents), Richwood
BedroomsApartments
1 bedroomR 12 188
2 bedroomsR 22 494

Gross rental yield by home type in Richwood

Gross rental yield by home type, Richwood
Home typeGross yield
Apartments10,2%

Suburbs bordering Richwood

Median asking prices and rents, Richwood and the suburbs bordering it
SuburbHouse priceApartment priceTownhouse priceHouse rent / monthApartment rent / monthTownhouse rent / month
RichwoodR 1 600 000R 1 495 000—R 16 000R 13 500—
Burgundy EstateR 3 569 999R 1 795 000R 2 750 000R 16 750R 14 000R 25 400
Richmond Park————R 17 200—

Compare all suburbs in Milnerton

Grey figures are indicative.

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