City Bowl Sales Report | May 2024

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Bowl CONFIRMEDSALES|MAY2024
City

City Bowl | 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

City Bowl | Full TitleSalesStatistics- May2024

Total List Price

AverageList Price

R41,945,000 R6,990,833

Total SalesPrice

AverageSales Price

R38,250,000 R6,375,000

DifferenceBetween AverageList & SalesPrice

-9.58% 90 AverageNumber Of DaysOn TheMarket 6 Number Of PropertiesSold

FULL TITLE CONFIRMED SALESMAY 2024

CITY BOWL Address Suburb R/ m² Erf (m²) Beds Baths Parking& Garages List Price SalePrice List Days 8RoseStreet Bo-Kaap R57,237 76 3 2 3 R4,950,000 R4,350,000 52 14 Belmont Avenue Oranjezicht R22,424 495 4 3 2 R11,800,000 R11,100,000 13 19LabounereStreet Oranjezicht R14,226 478 3 2 2 R7,650,000 R6,800,000 294 30 WoodsideRoad Tamboerskloof R18,733 363 2 3 1 R7,000,000 R6,800,000 1 9VanRyneveldAvenue Vredehoek R20,614 228 4 2.5 0 R5,295,000 R4,700,000 41 4 NoordelikAvenue Vredehoek R20,000 225 2 2 2 R5,250,000 R4,500,000 136

City Bowl | Sectional TitleSalesStatistics- May2024

Total List Price

AverageList Price

R106,300,000 R2,725,641

Total SalesPrice

AverageSales Price

R98,642,174 R2,529,287

DifferenceBetween AverageList & Sales Price

-6.63% 71 AverageNumber Of DaysOn TheMarket 39 Number Of UnitsSold

SECTIONAL TITLE CONFIRMED SALES MAY 2024

CITY BOWL Address Suburb R/ m² Unit (m²) Beds Baths Parking& Garages List Price SalePrice List Days 261616OnBree,16Bree Street CapeTown R68,182 44 1 1 1 R2,950,000 R3,000,001 9 22TheStudios, 112Buitengracht Street CapeTown R20,979 143 1 2 3 R3,500,000 R3,000,000 42 1003Greenmarket Place, 54 Shortmarket Street CapeTown R32,558 86 2 2.5 2 R3,200,000 R2,800,000 98 F305MandelaRhodesPlace, 24 ChurchStreet CapeTown R24,272 103 2 2 1 R2,850,000 R2,500,000 75 606CartwrightsCorner, 19AdderleyStreet CapeTown R37,288 59 1 1 1 R2,300,000 R2,200,000 3 1004 TheDecks,67Long Street CapeTown R33,538 65 2 1 1 R2,395,000 R2,180,000 22 191816OnBree,16BreeStreet CapeTown R70,000 30 1 1 1 R2,150,000 R2,100,000 15 1203Perspectives,37RoelandStreet CapeTown R30,159 63 2 2 2 R1,900,000 R1,900,000 19 1203Perspectives, 37Roeland Street CapeTown R30,159 63 2 2 2 R1,900,000 R1,900,000 19 808Perspectives,37RoelandStreet CapeTown R30,000 60 2 2 0 R1,950,000 R1,800,000 281 312SenatorPark,66Keerom Street CapeTown R37,093 43 1 1 0 R1,595,000 R1,595,000 27 W503MandelaRhodesPlace, 24 Church Street CapeTown R29,412 51 1 1 1 R1,550,000 R1,500,000 14 104 Holyrood, 80 QueenVictoriaStreet CapeTown R38,571 35 1 1 0 R1,375,000 R1,350,000 143

SECTIONAL TITLE CONFIRMED SALES MAY 2024

CITY BOWL Address Suburb R/ m² Unit (m²) Beds Baths Parking& Garages List Price SalePrice List Days 712BlackBrick,6St GeorgesMall CapeTown R51,087 23 0 1 0 R1,250,000 R1,175,000 67 102TheDocklands, 70 PrestwichStreet deWaterkant R50,476 105 2 3 2 R5,350,000 R5,300,000 8 506Metropolis,32PrestwichStreet deWaterkant R37,333 75 1 1 1 R2,850,000 R2,800,000 3 301TheSignature, 4 PrestwichStreet deWaterkant R53,043 50 1 1 1 R3,600,000 R2,652,173 504 203TheEdge,247BreeStreet Gardens R32,237 76 2 2 1 R2,650,000 R2,450,000 41 B6GlenHaw,93Kloof NekRoad Gardens R25,824 91 2 1 1 R2,395,000 R2,350,000 7 101TheEdge,251breeStreet Gardens R32,500 60 0 1 1 R2,200,000 R1,950,000 15 B708St Martini Gardens,Queen Gardens R40,000 42 1 1 1 R1,700,000 R1,680,000 27 25Langholm,60 Kloof Street Gardens R38,902 41 0 1 0 R1,595,000 R1,595,000 19 14 VillaMenton,5WeltevredenStreet Gardens R40,741 27 0 1 0 R1,395,000 R1,100,000 27 60372OnKloof,5NicoleStreet Gardens R44,000 25 0 1 1 R1,350,000 R1,100,000 55 12PrinceCourt,12Prince Street Oranjezicht R25,000 102 2 1 1 R2,600,000 R2,550,000 0 3Montreal Flats,24 MoltenoRoad Oranjezicht R36,842 57 1 1 1 R2,400,000 R2,100,000 86

SECTIONAL TITLE CONFIRMED SALES MAY 2024

CITY BOWL Address Suburb R/ m² Unit (m²) Beds Baths Parking& Garages List Price SalePrice List Days 21 / 26ChudleighCourt, 20 CarstensStreet Tamboerskloof R40,667 75 2 1 2 R2,990,000 R3,050,000 2 C3WoodlandHouse, 1WoodsideRoad Tamboerskloof R38,889 72 1 1 0 R2,900,000 R2,800,000 1 1GreystokeLodge, 1QuarryHill Road Tamboerskloof R35,714 77 2 2 1 R2,950,000 R2,750,000 141 2JSquared,18BRugleyRoad Vredehoek R46,903 113 2 2 2 R6,200,000 R5,300,000 45
Bradwell Mansions, 2Bradwell Road Vredehoek R32,743 113 3 1 1 R4,300,000 R3,700,000 25 4 LilkenCourt,23RugleyRoad Vredehoek R36,406 96 2 1 1 R3,495,000 R3,495,000 161 C1Fairview,33Ludlow Road Vredehoek R42,792 77 2 1 1 R3,400,000 R3,295,000 18 1FloridaCourt,Davenport Road Vredehoek R27,119 118 2 1 0 R3,220,000 R3,200,000 176 7BedfordMews,5BedfordStreet Vredehoek R24,138 116 3 2 2 R3,000,000 R2,800,000 150 P507DisaPark,36CliffordRoad Vredehoek R43,966 29 1 1 1 R1,250,000 R1,275,000 7 608Canal Quays, 1Cast Anchor Way Waterfront inForeshore R32,903 155 2 2 2 R5,495,000 R5,100,000 46 304 WolroyHouse, 37Buitenkant Street Zonnebloem/ District Six R31,928 83 1 1 1 R3,200,000 R2,650,000 265 84 SkyeWays,39HighLevel Road Zonnebloem/ District Six R28,889 90 2 1 1 R2,950,000 R2,600,000 120
4

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