Camps Bay hardly needs an introduction. With its white-sand beach, mountain backdrop, and a strip of cafés and restaurants that hums year-round, it’s one of Cape Town’s most recognisable suburbs. But beyond the sunsets and cocktail spots, the property market in Camps Bay has seen plenty of activity this past year, both in terms of sales and short-term rentals.
In this blog, we’ll cover:
Sales Snapshot – How freestanding and sectional title properties performed over the past 12 months.
What’s on the Market Now – Current listings, price ranges, and average asking prices by bedroom count.
Short-Term Rental Market Trends – Year-on-year performance in revenue, bookings, and occupancy.
Freestanding Residential Properties
Total sales: 69
Average sale price: R22,347,520
Highest sale price: R79,000,000
Lowest sale price: R2,378,882
Average time on market: 95 days
Sectional Title Properties
Total sales: 71
Average sale price: R12,415,634
Highest sale price: R35,075,000
Lowest sale price: R2,200,000
Average time on market: 111 days
These figures reflect a dynamic and high-value market. Freestanding homes, in particular, carry premium price tags, while apartments and sectional-title properties provide a slightly more accessible entry point into this sought-after suburb.
At present, 83 properties in Camps Bay are listed on Property24.
Average asking price: R21,247,500
Average sale price: R17,260,000
Current range:
Highest listing: R95,000,000
Lowest active listing (not under offer): R5,750,000
Average asking prices by bedroom count:
1 bed: R5,750,000
2 beds: R10,374,500
3 beds: R20,499,000
4 beds: R22,747,500
5+ beds: R34,225,000
The range here is significant. One-bedroom apartments are edging close to the R6m mark, while larger homes, especially those with five or more bedrooms, are commanding prices well above R30m.
Camps Bay remains a global favourite for short-term rentals, though the latest data shows some interesting shifts.
Average Revenue per Listing
Current period: R1,560,000
Previous period: R1,499,980
Increase: 4%
Active Listings
Current: 1,570
Previous: 1,452
Change: +118 listings (+8% YoY)
Number of Bookings
Current: 48,610
Previous: 43,430
Change: +11.93%
Occupancy
Current: 65%
Previous: 69%
Change: -4%
The picture above is of steady growth in bookings and revenue, but with slightly lower occupancy. The dip is a natural result of more listings entering the market, meaning guests have a wider choice. Still, with over 48,000 bookings recorded, demand for Camps Bay properties remains strong.
Camps Bay continues to hold its position as one of Cape Town’s most desirable suburbs. Property sales remain robust at premium price levels, and the short-term rental market shows ongoing strength, even as competition increases.
*Sources: CMA | PriceLabs | Property24
If you’re looking for a property management company in Cape Town, check out Nox Cape Town. Our team specialises in optimising rental income, maintaining high occupancy, and ensuring premium guest experiences, helping property owners get the most from their investments.