All SuburbsSea Point
Cape Town, Western Cape
Atlantic Seaboard & City Bowl

Sea Point

Ranked #1 in Cape TownStrong Growth5-8%% annual growth

Cape Town's most cosmopolitan beachfront suburb. The famous Sea Point Promenade stretches along the Atlantic coast, lined with restaurants, cafés, and gyms. Rated one of the world's most amazing neighbourhoods by Time Out. Top rental yields on the Seaboard, massive digital nomad and semigration influx.

At a Glance
Avg. Apartment
R4.2M
Avg. House
R12.5M
Rental Yield
6.5%
1-yr Capital Growth
6.5%
5-yr Capital Growth
38%
Airbnb Avg Daily Rate
R2 200
Airbnb Occupancy
72%

Investment Snapshot

Avg Apartment
R4.2M
median listing price
Avg House
R12.5M
median listing price
Rental Yield
6.5%
gross p.a.
1-yr Growth
6.5%
capital appreciation
5-yr Growth
38%
cumulative
Price / m²
R45 000
average

Capital Growth Performance

Past 5 Years (2021–2025)

+46%

cumulative growth

Next 5 Years (2026–2030)

+29%

projected growth

8.2%
2021
9.5%
2022
7.8%
2023
7%
2024
6.5%
2025
6%
2026
5.5%
2027
5%
2028
5%
2029
4.5%
2030
Historical
Projected

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

Short-Term Rental (Airbnb)

Average Daily Rate
R2 200
per night
Occupancy Rate
72%
average annual occupancy
Estimated annual STR revenue: R578 160 per unit (before expenses)

Lifestyle Scores

Walkability
9/10
Safety
7/10
Distance to Cape Town Airport
15 km
Population Density
High
BeachRestaurantsAtlantic SeaboardPromenadeNightlifeGyms

Key Growth Drivers

  • Top rental yields
  • Semigration
  • Digital nomad families
  • Short-term rental demand

Who's Buying Here

Typical buyers and renters in Sea Point

Expat investors
Remote workers
Young professionals
Semigrants from Gauteng

If you bought a property in Sea Point...

Adjust the assumptions below to model your investment scenario.

Buyer type:

R 4 200 000

R 1 260 000 deposit · R 2 940 000 bond

Auto-calculated from 6.5% yield

Monthly Bond
R 31 861
R 31 861
Monthly Rent
R 22 750
R 22 750
Net Cashflow/mo
R -13 661
after bond + 20% expenses
Net Annual Yield
5.2%
after expenses
5-Year Projected Value
R 6 057 740R 6 057 740at 7.6% p.a. growth

Year-by-Year Projection

YearProperty ValueAnnual RentNet Cashflow
Year 1R 4 519 200R 273 000R -163 932
Year 2R 4 862 659R 292 110R -148 098
Year 3R 5 232 221R 312 558R -131 123
Year 4R 5 629 870R 334 437R -112 924
Year 5R 6 057 740R 357 847R -93 416
Model in full detail →

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

How Sea Point Compares

Full compare →

vs. other suburbs in Atlantic Seaboard & City Bowl

MetricSea PointcurrentCamps BayClifton & Bantry BayCity Bowl & Gardens
Avg Apartment PriceR4.2MR6.5MR14.0MR3.4M
Avg House PriceR12.5MR24.0MR38.0MR8.5M
Rental Yield6.5%4.5%3.5%7%
1-yr Capital Growth6.5%7%6%5.5%
5-yr Capital Growth38%42%40%32%
Airbnb ADRR2 200R3 800R5 000R2 000
Safety Score7/108/109/106/10
Walkability Score9/106/104/108/10
Distance to Airport15 km20 km20 km17 km

Best For

Young professionals, Digital nomads, Investors, Semigrants