Cape Town, South Africa
Property prices · 2026 · Africa · Price +2.9% vs 2025
Property price trend in Cape Town (2024–2026)
Property comparison — cities in South Africa (2026)
| City | Centre /sqm | Outside /sqm | 1-Bed Rent | vs Cape Town |
|---|---|---|---|---|
| Cape Town | ZAR 44,940 | ZAR 26,750 | ZAR 16,050 | — |
| Johannesburg | ZAR 29,960 | ZAR 18,190 | ZAR 10,165 | -33.3% |
| Durban | ZAR 24,310 | ZAR 16,022 | ZAR 8,288 | -45.9% |
| Pretoria | ZAR 19,890 | ZAR 13,039 | ZAR 6,851 | -55.7% |
Other Africa cities (2026)
Frequently asked questions
How much does property cost in Cape Town in 2026?
In Cape Town, the average price per sqm in the city centre is ZAR 44,940, and ZAR 26,750 outside the centre (2026 data). Prices have risen 7% since 2024.
How much is rent in Cape Town in 2026?
A 1-bedroom apartment in Cape Town rents for approximately ZAR 16,050 per month in 2026. A 3-bedroom apartment costs around ZAR 29,960/month.
Is it better to buy or rent in Cape Town?
Buying and renting are roughly comparable in Cape Town. The price-to-rent ratio is 16.0x — it would take approximately 16.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 11.50%.
What are mortgage rates in South Africa in 2026?
The average mortgage rate in South Africa is approximately 11.50% as of 2026. With a price-to-rent ratio of 16.0x, buyers should carefully weigh mortgage costs against rental savings.
How have property prices in Cape Town changed?
Property prices in Cape Town have changed +2.9% vs 2025. Since 2024, prices have increased by 7%. Use the year tabs above to compare prices across years.
What is the price per sqm in Cape Town?
The average property price per square metre in Cape Town city centre is ZAR 44,940 in 2026. Outside the centre, expect to pay around ZAR 26,750/sqm.