Mouille Point remains one of Cape Town’s most steady and reliable performers. Although it does not always attract the same attention as some neighbouring suburbs, the data reveals a strong and consistent market across both sales and short-term rentals. February provides a timely opportunity to review current conditions and reflect on how the area has progressed over the past twelve months.
Sales Snapshot: The Past 12 Months
Seventy-four completed sales in twelve months signals steady activity. The significantly shorter average time on market, just 50 days, reflects consistent demand for well-priced apartments.
There are currently 44 Mouille Point properties listed on Property24, with an average asking price of R10,225,000 and an average sale price of R4,200,000.
Here’s a breakdown of average asking prices by bedroom count:
The pricing gap between one and two-bedroom units is notable. Two-bedroom apartments, often offering superior positioning and stronger rental versatility, command a substantial premium. Three-bedroom properties occupy the upper tier of the apartment market, typically offering scale, views and exclusivity.
Mouille Point, while easy to overlook, is a fantastic investment opportunity for small listings like studios and one bedrooms. The neighbourhood sees fairly strong demand year-round. Its proximity to downtown makes it great for business travellers, while the V&A waterfront draws tourists in all seasons.
The neighbourhood also sees peak demand from expos and road races throughout the year. The occupancy graph below shows many of these spikes in occupancy during off-peak months like August, October, and May. These events appeal to smaller parties and provide a welcome injection of demand into some of the slower nights of the year.
This equates to an increase of 3.09% YoY.
This equates to an increase of 34 more active listings in Mouille Point YoY.
That is a difference of 15.65% increase YoY.
That is a difference of 2% YoY.
Occupancy growth, even in the context of rising supply, reinforces Mouille Point’s resilience as a short-term rental location.
March 6 – 8, 2026: This period coincides with the Cape Town Cycle Tour on March 8, 2026.
April 9 – 12, 2026: This weekend features the Two Oceans Marathon (April 11–12)
May 22 – 24, 2026: Unusually for 2026, the Sanlam Cape Town Marathon has been moved to May 24, 2026.
Mouille Point remains a stable and quietly high-performing node within Cape Town’s property landscape. The sales market reflects steady demand within the sectional title segment, while the short-term rental sector continues to show measured year-on-year growth in both bookings and occupancy.
*Sources: CMA | PriceLabs | Property24
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