De Waterkant Property Update: October 2025

De Waterkant continues to be one of Cape Town’s most vibrant and in-demand neighbourhoods, where old-world charm meets contemporary city living. Nestled between the CBD and the V&A Waterfront, this stylish enclave attracts a mix of investors, homeowners, and travellers seeking the perfect balance between lifestyle and location.

In this blog, we’ll cover:

• Sales Snapshot – A look at what’s been selling and for how much.

• What’s Currently on the Market – The latest listings and what buyers are paying.

• Short-Term Rentals – Insights into the performance of De Waterkant’s holiday rental market.

• Market Overview – How the overall area is performing year-on-year.

Sales Snapshot

Over the past 12 months, De Waterkant’s property market has shown steady demand across both freestanding homes and sectional title properties.

Freestanding Residential Properties

• Total sales: 5

• Average sale price: R6,215,000

• Highest sale price: R10,000,000

• Lowest sale price: R3,800,000

• Average time on the market: 222 days

Sectional Title Properties

• Total sales: 92

• Average sale price: R4,413,769

• Highest sale price: R18,650,000

• Lowest sale price: R1,300,000

• Average time on the market: 76 days

It’s clear that sectional title apartments dominate this suburb, with buyers typically favouring low-maintenance, lock-up-and-go options close to the city centre.

What’s Currently on the Market

As of October 2025, 94 properties are listed in De Waterkant, with an average asking price of R5,440,000 and an average sale price of R4,100,000 — indicating a healthy but competitive market.

Here’s a breakdown of average asking prices by bedroom count:

• 1-bedroom: R3,395,000

• 2-bedroom: R6,200,000

• 3-bedroom: R13,225,000

• 4-bedroom: R17,500,000

• 5+ bedrooms: R10,222,500

On the high end, properties are currently listed up to R23,500,000, while entry-level apartments start around R2,495,000. The diversity in property types and price brackets makes De Waterkant attractive to both investors and lifestyle buyers.

Short-Term Rentals

Estimated Average Revenue per Listing (Entire Market)

• Current Period: R491,190

• Previous Period: R466,620

• This equates to an increase of 5.27% year-on-year.

Average Total Active Listings in the Market

• Current Period: 973

• Previous Period: 838

• That means there were 135 more active listings in De Waterkant year-on-year.

Number of Bookings for De Waterkant

• Current Period: 31,340

• Previous Period: 24,960

• That’s a 25.56% increase year-on-year.

Average Occupancy % in De Waterkant

• Current Period: 77%

• Previous Period: 76%

• That’s a 1% increase year-on-year.

Occupancy for the previous 365 days

Occupancy for the upcoming 365 days

Key Future Dates

These figures highlight a strong and growing short-term rental market. Despite a higher number of active listings, demand continues to rise, reflecting De Waterkant’s enduring appeal for both business and leisure travellers.

For investors in the short-term rental space, these numbers reflect a resilient and growing market that continues to attract both local and international visitors.

Final Thoughts

All in all, De Waterkant remains one of Cape Town’s most desirable neighbourhoods, whether you’re looking for a high-performing investment property, a city home, or a pied-à-terre close to the Waterfront.

The area’s mix of heritage charm, excellent location, and consistent rental demand ensures that both the sales and short-term rental markets remain robust. With listings and occupancy levels on the rise, the outlook for De Waterkant heading into 2026 appears bright.

*Sources: CMA | PriceLabs | Property24

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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.