If you’ve spent any time in Mouille Point lately, you’ll know it’s one of those Cape Town neighbourhoods that just keeps its cool: sea air, promenade strolls, coffee in hand, and a front-row seat to Atlantic sunsets. But beyond the lifestyle, the property market here has had an interesting year, both in sales and short-term rentals. Let’s take a closer look.
In this blog, we’ll cover:
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Sales Snapshot: How Mouille Point’s freestanding and sectional title markets performed over the past 12 months.
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What’s on the Market Now: Current listings, price ranges, and what buyers can expect to pay by bedroom count.
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Short-Term Rental Market Trends: Year-on-year performance in revenue, occupancy, and booking numbers.
Sales Snapshot: Past 12 Months
Freestanding Residential Properties
- Total sales: 1
- Sale price: R3,300,000
Sectional Title Properties
- Total sales: 75
- Average sale price: R7,262,067
- Highest sale price: R33,000,000
- Lowest sale price: R1,000,000
- Average time on market: 69 days
This tells us Mouille Point remains largely a sectional-title market, think apartments with ocean views rather than stand-alone houses, and well-priced homes tend to sell in a little over two months.
What’s on the Market Now
Currently, 41 properties in Mouille Point are listed on Property24, with:
- Average asking price: R4,747,500
- Average sale price: R3,712,500
Highest-priced listing: R39,500,000
Lowest-priced listing: R2,600,000
Average asking price by bedroom count:
- 1 bed: R2,799,000
- 2 beds: R10,625,000
- 3 beds: R23,200,000
- 4 beds: R30,995,000
Short-Term Rental Market – Year-on-Year Trends
For hosts and investors, Mouille Point’s short-term rental scene has had a busy year.
Average Revenue per Listing
- Current period: R478,910
- Previous period: R434,360
- Increase: 10.26%
Active Listings
- Current: 526
- Previous: 407
- Change: +119 listings (+29% YoY)
Number of Bookings
- Current: 15,440
- Previous: 12,140
- Change: +27.18%
Occupancy
- Current: 71%
- Previous: 73%
- Change: -2%
Occupancy for the previous 365 days
Occupancy for the upcoming 365 days
Key Future Dates
*Sources: CMA | PriceLabs | Property24
Final Thoughts
In short, Mouille Point’s property market remains resilient and in demand. Sales prices have held steady, the rental market is buoyant despite more competition, and for well-managed properties, there’s clear potential to outperform.
Looking for a Property Management Company?
If you’re looking for a property management company in Cape Town, check out Nox Management. Our team specialises in optimising rental income, maintaining high occupancy, and ensuring premium guest experiences, helping property owners get the most from their investments.