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.
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.
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.
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.
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.
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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