All SuburbsKalk Bay & Muizenberg
Cape Town, Western Cape
Peninsula & Southern Coastal

Kalk Bay & Muizenberg

Ranked #21 in Cape TownVery Strong Growth6-8%% annual growth

Surf, family, and coastal gentrification story. Muizenberg's colourful beach huts and warm False Bay waters make it the family surfing capital. Kalk Bay's bohemian harbour village has galleries, antique shops, and seafood restaurants. Affordable lifestyle growth with increasing international interest.

At a Glance
Avg. Apartment
R2.0M
Avg. House
R4.8M
Rental Yield
7%
1-yr Capital Growth
6%
5-yr Capital Growth
30%
Airbnb Avg Daily Rate
R1 600
Airbnb Occupancy
65%

Investment Snapshot

Avg Apartment
R2.0M
median listing price
Avg House
R4.8M
median listing price
Rental Yield
7%
gross p.a.
1-yr Growth
6%
capital appreciation
5-yr Growth
30%
cumulative
Price / m²
R18 000
average

Capital Growth Performance

Past 5 Years (2021–2025)

+40%

cumulative growth

Next 5 Years (2026–2030)

+32%

projected growth

7.5%
2021
8.5%
2022
6.5%
2023
6%
2024
6%
2025
6.5%
2026
6%
2027
5.5%
2028
5.5%
2029
5%
2030
Historical
Projected

Historical data sourced from Lightstone PropStats & Stats SA RPPI. Projected growth based on FNB Property Barometer forecasts, adjusted for Kalk Bay & Muizenberg's supply constraints, demand pipeline, and infrastructure outlook. Projections are estimates only.

Short-Term Rental (Airbnb)

Average Daily Rate
R1 600
per night
Occupancy Rate
65%
average annual occupancy
Estimated annual STR revenue: R379 600 per unit (before expenses)

Lifestyle Scores

Walkability
7/10
Safety
6/10
Distance to Cape Town Airport
25 km
Population Density
Medium
SurfingBohemianHarbourBeach HutsGalleriesFamily

Key Growth Drivers

  • Coastal gentrification
  • Surf and family lifestyle
  • Affordable entry
  • Growing international interest

Who's Buying Here

Typical buyers and renters in Kalk Bay & Muizenberg

Surf families
Creative professionals
First-time coastal buyers
Expat surfers

If you bought a property in Kalk Bay & Muizenberg...

Adjust the assumptions below to model your investment scenario.

Buyer type:

R 2 000 000

R 600 000 deposit · R 1 400 000 bond

Auto-calculated from 7% yield

Monthly Bond
R 15 172
R 15 172
Monthly Rent
R 11 667
R 11 667
Net Cashflow/mo
R -5 838
after bond + 20% expenses
Net Annual Yield
5.6%
after expenses
5-Year Projected Value
R 2 676 451R 2 676 451at 6.0% p.a. growth

Year-by-Year Projection

YearProperty ValueAnnual RentNet Cashflow
Year 1R 2 120 000R 140 004R -70 056
Year 2R 2 247 200R 149 804R -61 936
Year 3R 2 382 032R 160 291R -53 229
Year 4R 2 524 954R 171 511R -43 897
Year 5R 2 676 451R 183 517R -33 891
Model in full detail →

Full calculator includes transfer duty, bond costs, and detailed cashflow analysis.

How Kalk Bay & Muizenberg Compares

Full compare →

vs. other suburbs in Peninsula & Southern Coastal

MetricKalk Bay & MuizenbergcurrentScarborough & Chapmans PeakHout BayNoordhoek & Kommetjie
Avg Apartment PriceR2.0MR3.2M
Avg House PriceR4.8MR6.0MR8.5MR5.8M
Rental Yield7%5%6%5.5%
1-yr Capital Growth6%6%6%7%
5-yr Capital Growth30%35%35%40%
Airbnb ADRR1 600R2 500
Safety Score6/108/106/107/10
Walkability Score7/102/104/103/10
Distance to Airport25 km40 km25 km35 km

Best For

Surfers, Families, Creatives, Affordable coastal investors