Sea Point has long been one of Cape Town’s most dynamic neighbourhoods. Set between the Atlantic Ocean and the slopes of Signal Hill and Lion’s Head, it offers a unique blend of city convenience and coastal lifestyle. From the famous promenade to its cafés, restaurants, and walkable streets, the area attracts both residents and visitors throughout the year.
For property owners, investors, and anyone keeping an eye on the Atlantic Seaboard market, Sea Point continues to be a fascinating place to watch. The past year has shown steady activity across both the sales and short-term rental markets, with strong demand and increasing interest from local and international buyers.
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 Clifton market.
- Market Overview - Practical insights for anyone holding or considering property in Clifton.
Sales Snapshot: The Past 12 Months
Over the past twelve months, Sea Point has seen steady sales activity across both freestanding homes and sectional title properties.
Freestanding Residential Properties
Freestanding homes remain limited in supply in Sea Point, which tends to support stronger pricing and longer marketing periods compared to apartments.
- Total Sales: 45
- Average sale price: R11,496,107
- Highest sale price: R37,800,000
- Lowest sale price: R2,600,000
- Average time spent on the market: 190 days
Sectional Title Properties
Apartments and sectional title units make up the majority of Sea Point’s property market, and this segment continues to see strong transaction volumes.
- Total Sales: 468
- Average sale price: R4,858,094
- Highest sale price: R59,000,000
- Lowest sale price: R950,000
- Average time spent on the market: 65 days
The significantly shorter time on the market highlights how active this segment is. Sectional title properties remain attractive to both investors and lifestyle buyers, particularly given Sea Point’s walkability and proximity to Cape Town’s city centre.
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What’s Currently on the Market
At the time of writing, there are 212 Sea Point properties listed on Property24, with an average asking price of R5,965,000 and an average sale price of R4,350,000.
- Most expensive property (not POA) on the market: R125,000,000
- Lowest priced property (not retirement) on the market: R2,050,000
Here’s a breakdown of average asking prices by bedroom count:
- 1 bed R3,550,000
- 2 beds R7,475,000
- 3 beds R10,375,000
- 4 beds R15,700,000
- 5+ beds R16,225,000
Two-bedroom apartments remain particularly popular, offering flexibility for both long-term living and short-term rental potential.
Short-Term Rentals
A Note from Nox Cape Town’s Revenue Manager
Sea Point has always been a walkable, urban area with consistent year-round demand. Business travel has always been the lifeblood of the neighbourhood, but this year it emerged as a premium destination as well. Average revenue per listing rose substantially this year, fueled by historic demand around New Year's Eve and Mining Indaba. Even as March occupancy pacing trails last year, Sea Point is experiencing a highly successful season.
Estimated Average Revenue for the entire market
- Current Period: R410,630
- Previous Period: R357,730
This equates to an increase of 14.79% YoY.
Average Total Active Listings in the Market
- Current Period: 1,261
- Previous Period: 959
That means there were 302 more active listings in Sea Point YoY.
Number of bookings for Sea Point
- Current Period: 33 532
- Previous Period: 22 656
This equates to an increase of 48% YoY.
Average Occupancy % in Sea Point
- Current Period: 76%
- Previous Period: 75%
That is a difference of 1.33% YoY
Key Future Dates
Events that could be influencing occupancy:
- 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)
- April 28 - 30, 2026: These are the mid-week dates between the 2 public holidays on 27 April and 1 May.
- May 22 - 24, 2026: Unusually for 2026, the Sanlam Cape Town Marathon has been moved to May 24, 2026.
- September 23 - 26, 2026: Heritage Day (A public holiday), falls on the 24th, which is on a Thursday this year.
Market Overview
Overall, the Sea Point property market remains dynamic and resilient. Strong demand for sectional title properties, limited supply of freestanding homes, and continued growth in the short-term rental sector all point to a neighbourhood that remains firmly on the radar for both investors and lifestyle buyers.
While the number of listings has increased over the past year, booking volumes and revenue growth suggest that demand is keeping pace. As one of Cape Town’s most walkable and consistently active areas, Sea Point continues to offer a compelling balance of lifestyle appeal and long-term property value.
*Sources: CMA | PriceLabs | Property24
Looking for a Property Management Company?
For property owners looking to maximise the potential of their Sea Point investment, working with an experienced local management team can make a significant difference.
Nox Cape Town specialises in premium short-term rental management across the Atlantic Seaboard. If you’re considering renting out your property, or would like guidance on how to optimise your investment, our team is always happy to help.
