Cape Town property prices surge 12%, more than twice Johannesburg's increase
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Cape Town's residential property market kept climbing, with official figures showing prices up 12 percent year on year to June 2026. Johannesburg grew by just 4.9 percent over the same stretch, less than half the Cape Town rate. Crowdsourced estimates point the same way, indicating rents and apartment prices in Cape Town sit substantially higher. Taken together, the numbers make Cape Town the clear front-runner in South African property growth.
Official figures show Cape Town residential property prices rose 12% year on year to June 2026, compared with 4.9% in Johannesburg. Crowdsourced estimates also point to substantially higher rents and apartment prices in Cape Town.