If you’ve ever stayed in Green Point, you’ll know it has a very particular rhythm. It’s energetic without being overwhelming, polished but still relaxed, and always just a short walk from something worth doing. Over the past year, that balance has continued to drive strong interest from both buyers and short-term rental guests, and the numbers reflect it.
In this blog we cover…
- Sales performance over the past 12 months - An overview of completed sales, pricing trends and realistic timeframes.
- What’s currently on the market - Active listings, asking prices and how properties are being positioned.
- Short-term rental performance - A look at demand, revenue and occupancy across the Green Point market.
- Market Overview - Practical insights for anyone holding or considering property in Green Point.
Sales Snapshot: The Past 12 Months
Looking at the past year, Green Point has remained consistently active across both freestanding homes and sectional title properties.
Freestanding Residential Properties
Well-located homes continue to move efficiently, with demand holding steady at the upper end of the market.
- Total Sales: 43
- Average sale price: R10,209,465
- Highest sale price: R35,650,000
- Lowest sale price: R4,500,000
- Average time spent on the market: 47 days
Sectional Title Properties
Apartments remain the most active segment, offering a broad price range and consistent buyer interest.
- Total Sales: 152
- Average sale price: R4,491,347
- Highest sale price: R19,000,000
- Lowest sale price: R250,000
- Average time spent on the market: 67 days
Overall, both segments show a stable market where correctly priced properties are moving at a reasonable pace.
What’s Currently on the Market
At the time of writing, there are 111 Green Point properties listed on Property24 with an average asking price of R7,497,500 and an average sale price of R5,250,000.
- Most expensive property (not POA) on the market: R39,950,000
- Lowest priced property (not retirement) on the market: R2,500,000
Here’s a breakdown of average asking prices by bedroom count:
- 1 bed R3,895,000
- 2 beds R7,170,000
- 3 beds R14,500,000
- 4 beds R25,000,000
- 5 beds R19,495,000
Short-Term Rentals
A Note from Nox Cape Town’s Revenue Manager
Greenpoint is a fantastic neighbourhood for sports lovers. Its proximity to DHL stadium means it receives the most mega-event demand of anywhere in the city. There is no better place for peak events like the upcoming marathon and this August's Springboks v All Blacks rugby match. Personally, I love Greenpoint because of Greenpoint Park, a surprisingly serene space with running paths, playgrounds, and lush gardens.
Estimated Average Revenue for the entire market
- Current Period: R441784
- Previous Period: R426021
This equates to an increase of 3.7% YoY.
Average Total Active Listings in the Market
- Current Period: 1229
- Previous Period: 1061
That means there were 168 more active listings in Sea Point YoY.
Number of bookings for Green Point
- Current Period: 37 668
- Previous Period: 29 977
This equates to an increase of 25% YoY.
Key Future Dates
Events that could be influencing occupancy:
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April 9 - 12, 2026: This weekend features the Two Oceans Marathon (April 11–12)
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May 22 - 24, 2026: Unusually for 2026, the Sanlam Cape Town Marathon has been moved to May 24, 2026.
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September 24 - 28, 2026: Heritage Day (A public holiday), falls on the 24th, which is on a Thursday this year.
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December 29 - January 02: Peak season is already seeing some pick-up.
Market Overview
Green Point continues to hold its position as one of Cape Town’s most versatile property markets. The combination of steady sales activity, diverse stock, and strong short-term rental demand makes it appealing for both investors and lifestyle buyers.
It’s a market driven by consistent demand rather than short-term spikes, which is exactly what gives it long-term strength.
*Sources: CMA | PriceLabs | Property24
For Sale by Nox in Green Point
4 Bedroom Freehold - R28,900,000
Brand-new, architect-designed ultra-modern home just completed and fully turnkey. Priced at R28.95m (excluding furniture), it offers 4 spacious, fully air-conditioned en-suite bedrooms on the ground level with floor-to-ceiling glass and private balconies. The top level features 180° uninterrupted ocean views from all living areas, exceptional indoor-outdoor flow to a sun terrace and pool, 2.7m ceilings, a designer open-plan kitchen with large island and premium appliances, and seamless connection to dining and lounge.
Additional highlights include premium wood flooring, refined modern finishes, a wood-burning fireplace, multiple terraces and entertainment spaces, luxury bathrooms with walk-in showers and high-end fittings, Hikvision security and cameras, an inverter and battery backup, and a double garage.
Looking for a Property Management Company?
For property owners looking to make the most of this demand, whether through sales or short-term letting, working with the right management partner can make all the difference. For tailored support and expert insight, Nox Cape Town remains a trusted choice for premium property management.
