AtlanticSeaboard CONFIRMEDSALES|MAY2024
AtlanticSeaboard | SalesStatistics-
May2024
Wearepleasedtosharewithyouall salesconfirmedinthemonthof May2024 inthegreaterCapeTownareaassubmittedbythe majorreal estateagencies,andreportedbyPropStats,thereportingagencyof theInstituteof EstateAgentsof SouthAfrica.
Themarket intheWesternCapecontinuestobeoneof themost robust inthecountry.Ourviewisthat thedefinitiveoutcomeof theelectionsintheWesternCapewill continuetobenefit thepropertymarket andthat ourwell-runmunicipalitiesand goodlocal governancewill beamajordrawcardandcontinuetomaketheWesternCapeadesirableplacetoliveforlocal andinternational buyers.Thetrendforinterest ratestostart declininglaterintheyearisalsopositiveforthepropertymarket.
Wearenowpreparingtolaunchourspringcataloguesandarelookingforwardtoabusyseasonasweapproachthethird quarterof theyear.Ouragentsareareaspecialistsandbest placedtoprovideall thelatest propertytrends,recent sales,valuationsorgeneral market trends.
Whetheryouareaseller,landlord,buyerortenant pleasedonot hesitatetocontact ustodiscussyourpropertyrequirements.
*PGPPropertyIndexavailableonrequest.
- Basil Moraitis, Regional Manager
Source:Propstats
AtlanticSeaboard | Full TitleSalesStatistics- May2024
Total List Price
AverageList Price
R103,694,000 R17,282,333
Total SalesPrice
AverageSales Price DifferenceBetween
R91,905,000 R15,317,500
& SalesPrice
AverageList
-9.8% 120 AverageNumber Of DaysOn TheMarket 6 Number Of PropertiesSold
FULL TITLE CONFIRMED SALESMAY 2024
ATLANTIC SEABOARD Address Suburb R/ m² Erf (m²) Beds Baths Parking& Garages List Price SalePrice List Days 7First Crescent CampsBay R33,069 756 6 7 2 R28,500,000 R25,000,000 199 15Dal Road CampsBay R16,145 1022 4 3.5 6 R19,000,000 R16,500,000 368 7InglesideRoad CampsBay R16,393 793 4 3 4 R13,995,000 R13,000,000 1 17BVictoriaRoad Clifton R43,189 602 4 4 4 R30,000,000 R26,000,000 90 6CroxtethRoad GreenPoint R39,120 142 4 4.5 1 R6,200,000 R5,555,000 1 9UpperDeaneRoad SeaPoint R58,500 100 2 2 0 R5,999,000 R5,850,000 60
AtlanticSeaboard | Sectional TitleSalesStatistics- May2024
Total List Price
AverageList Price
R473,823,000 R10,081,340
Total SalesPrice
AverageSales Price
R408,560,000 R8,692,766
DifferenceBetween AverageList & Sales Price
-7.96% 71 AverageNumber Of DaysOn TheMarket 47 Number Of UnitsSold
SECTIONAL TITLE CONFIRMED SALES MAY 2024
ATLANTIC SEABOARD Address Suburb R/ m² Unit (m²) Beds Baths Parking& Garages List Price SalePrice List Days 201TheBantry,38Victoria Road BantryBay R116,009 431 3 4.5 3 R79,000,000 R50,000,000 60 203Aurum LuxuryResidences, 29VictoriaRoad BantryBay R92,000 150 2 2.5 2 R16,000,000 R13,800,000 120 302ConwayCourt,42Victoria Road BantryBay R85,526 152 2 2 1 R14,500,000 R13,000,000 4 603TheDocklands, 70 Prestwich Street CampsBay R69,469 113 2 2 3 R8,125,000 R7,850,000 158 B11SilvertreePlace, 30 RavensteynRoad CampsBay R48,413 63 1 1 0 R3,495,000 R3,050,000 120 5Cliffrock,66VictoriaRoad Clifton R186,335 161 2 2 2 R33,000,000 R30,000,000 1 502Eventide,30 Victoria Road Clifton R146,893 177 2 2 2 R29,500,000 R26,000,000 188 303Eventide,24 VictoriaRoad Clifton R189,474 95 1 1 2 R18,000,000 R18,000,000 0 363cOceanViewDrive, 363OceanViewDrive Fresnaye R98,820 339 3 3.5 2 R38,000,000 R33,500,000 431 303LaMontagne, 9FrancaiseAvenue Fresnaye R56,195 113 2 2.5 3 R6,495,000 R6,350,000 1 10 St Malo,37Kloof Road Fresnaye R37,931 145 3 2 2 R5,800,000 R5,500,000 1 403SevenonT,7Thornhill Road GreenPoint R61,679 137 3 3.5 0 R8,750,000 R8,450,000 200 4ASevenOnT,7Thornhill Road GreenPoint R32,930 186 3 2.5 1 R6,995,000 R6,125,000 81
SECTIONAL TITLE CONFIRMED SALES MAY 2024
ATLANTIC SEABOARD Address Suburb R/ m² Unit (m²) Beds Baths Parking& Garages List Price SalePrice List Days 301Napier,32NapierStreet GreenPoint R57,692 78 2 2 1 R4,999,000 R4,500,000 83 2St George'sVillas,4 ClydeRoad GreenPoint R42,647 102 3 2 1 R4,800,000 R4,350,000 19 302TheVillas,149HighLevel Road GreenPoint R34,959 123 2 2 2 R4,850,000 R4,300,000 62 7BoundaryVillasOne, 7Boundary Road GreenPoint R37,615 109 2 2 0 R4,250,000 R4,100,000 32 42HarbourTerrace,9BoundryRoad GreenPoint R46,429 56 1 1 1 R2,999,000 R2,600,000 12 813Cascades,8VesperdeneRoad GreenPoint R60,854 41 0 1 1 R2,495,000 R2,495,000 1 3DorayCourt,6Kort Street GreenPoint R37,500 60 1 1 0 R2,295,000 R2,250,000 105 1DPont DuGard,35BeachRoad MouillePoint R55,882 102 2 2 1 R5,995,000 R5,700,000 150 101TheVantage,36BayRoad MouillePoint R55,102 98 2 2 2 R5,950,000 R5,400,000 226 11Rhodora,143BeachRoad MouillePoint R47,153 72 2 1 0 R3,395,000 R3,395,000 9 B2BayPoint,179BeachRoad MouillePoint R31,983 58 1 1 0 R1,700,000 R1,855,000 1 602Rocklands,217BeachRoad SeaPoint R52,133 211 2 2 2 R11,750,000 R11,000,000 66 23MiltonManor,4 Milton Road SeaPoint R49,133 173 3 2.5 1 R8,950,000 R8,500,000 33
SECTIONAL TITLE CONFIRMED SALES MAY 2024
ATLANTIC SEABOARD Address Suburb R/ m² Unit (m²) Beds Baths Parking& Garages List Price SalePrice List Days 804 Rapallo,292BeachRoad SeaPoint R82,474 97 2 1 1 R8,000,000 R8,000,000 3 104 Palm Beach,1-5Cassell Road SeaPoint R32,759 145 2 2 1 R5,150,000 R4,750,000 30 20 St John's&St Margaret's Mansions,27St JohnsRoad SeaPoint R34,615 104 3 1.5 2 R3,695,000 R3,600,000 18 507KewGardens,81Regent Road SeaPoint R34,000 100 2 1.5 1 R3,650,000 R3,400,000 28 202BellevueHouse, 6BellevueRoad SeaPoint R23,881 134 3 2 1 R3,900,000 R3,200,000 41 4 St John's&St Margaret'sMansions, 283HighLevel Road SeaPoint R30,476 105 2 1 0 R3,200,000 R3,200,000 14 12PiccadillyCourt,85ARegent Road SeaPoint R41,357 70 2 1 0 R2,895,000 R2,895,000 10 11ManorHouse,11Hall Road SeaPoint R31,461 89 1 1 1 R2,950,000 R2,800,000 80 2VernorCourt,19 MaraisRoad SeaPoint R47,321 56 2 1 1 R2,800,000 R2,650,000 10 S4 LeVillage,12OldfieldRoad SeaPoint R25,253 99 2 2 1 R3,200,000 R2,500,000 32 104 Nedeburg,166OceanViewDrive SeaPoint R35,809 68 1 1 2 R2,650,000 R2,435,000 39 820 Bordeaux,239BeachRoad SeaPoint R35,345 58 1 1 1 R2,400,000 R2,050,000 42 708TheFlamingo,6Regent Road SeaPoint R70,000 25 0 1 0 R1,795,000 R1,750,000 5
SECTIONAL TITLE CONFIRMED SALES MAY 2024
ATLANTIC SEABOARD Address Suburb R/ m² Unit (m²) Beds Baths Parking& Garages List Price SalePrice List Days 7SanCarlo,1St JohnsRoad SeaPoint R18,235 17 0 0 0 R310,000 R310,000 0 301Parama,DockRoad TheWaterfront R159,574 188 3 3 2 R38,000,000 R30,000,000 143 202Helenslee,DockRoad TheWaterfront R104,698 149 2 2 2 R15,950,000 R15,600,000 114 103Kylemore,DockRoad TheWaterfront R104,930 142 2 2 2 R14,900,000 R14,900,000 9 704 No3Silo,1Southarm Road TheWaterfront R87,302 126 2 2 2 R12,600,000 R11,000,000 61 10 Blackrock,221Main Road ThreeAnchorBay R31,915 141 2 2.5 1 R5,800,000 R4,500,000 255 28BlackRock,221MainRoad ThreeAnchorBay R35,268 112 2 2 1 R4,495,000 R3,950,000 130 302Rockaways,225MainRoad ThreeAnchorBay R34,483 87 2 2 1 R3,395,000 R3,000,000 100
