Apartment Size |
May | vs Last Month |
---|---|---|
Studio apartments | ZAR 350,000 | -16.7% |
1-bed apartments | ZAR 1,131,000 | +22.9% |
2-bed apartments | ZAR 1,458,000 | +7% |
3-bed apartments | ZAR 3,157,833 | +32.6% |
4+ bed apartments | ZAR 1,999,000 | -69.2% |
During May 2023, the average price for an apartment in/near Wynberg, Cape Town, 7824, South Africa increased by 8.5% to ZAR 1,820,579.
Knowing the current property prices is key if you plan to buy a studio in Wynberg, Cape Town, 7824, South Africa. The average price for a studio has decreased since the last month, currently being ZAR 350,000. After collecting all data points, we now see that the average price for 1-bed apartment increased by 22.9% to ZAR 1,131,000. Asking price for 2-bed apartment also increased by 7% and a place of this size will now cost you ZAR 1,458,000. A 3-bed apartment goes for ZAR 3,157,833, it increased by 32.6% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 69.2% and made it down to ZAR 1,999,000.
Listing Type |
May | vs Last Month |
---|---|---|
Houses for sale | ZAR 3,024,500 | -11.3% |
Apartments for sale | ZAR 1,195,417 | +8.7% |
Townhouses for sale | ZAR 2,099,000 | N/A |
The average cost of an apartment in Wynberg, Cape Town, 7824, South Africa rised by 8.7% to ZAR 1,195,417. Price reports demonstrate that house price decreased by 11.3% this month making it up to ZAR 3,024,500. Value of the townhouses didn’t change, the price still starts at ZAR 2,099,000.