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Latest Western Cape Property News — 2026-02-05

Latest Western Cape Property News

Western Cape Dominates SA Property Market with 7.3% Growth

The Western Cape continues to lead South Africa's property market with impressive performance figures. According to Lightstone data, the province achieved 7.3% year-on-year house price growth, significantly outpacing the national average of just 1.7%. The region now boasts the highest average house price at R2.1 million — approximately 40% higher than the national average of R1.6 million. This strong performance is driven by sustained semigration from other provinces, persistent housing stock shortages, and robust buyer demand. The critical inventory shortage is expected to persist, cementing 2026 as a continued seller's market in the Cape.

Published: 5 February 2026

Rental Market Mirrors Property Strength

The Western Cape's rental market continues to demonstrate remarkable resilience and growth. The province now commands an average rental of R11,454 per month, well above the national average of R9,218. This represents strong demand for rental properties across the region, particularly in Cape Town and surrounding suburbs. The rental growth reflects broader economic trends including lifestyle migration to the Western Cape and the province's reputation for functioning infrastructure and reliable service delivery. Investors are finding attractive yields in the rental market, with many properties commanding premium rents due to stock shortages.

Published: 5 February 2026

2026 Outlook: Steady Growth of 4-7% Forecast

The outlook for Western Cape property in 2026 remains confidently positive. Industry forecasts indicate steady price growth of between 4% and 7% in prime areas, with ongoing lifestyle-driven demand and persistent stock shortages in core suburbs continuing to underpin values. Chas Everitt International CEO Berry Everitt emphasises that fundamentals of confidence, functional infrastructure and good governance will increasingly determine where investment flows. Cape Town and the Western Cape are expected to continue leading the country in house price growth, driven not just by lifestyle appeal but also by functioning infrastructure, fiscal discipline and reliable delivery of basic services.

Published: 5 February 2026

Buyer Priorities Shift to Energy Efficiency

The post-pandemic desire for spacious, multi-functional homes has solidified into permanent buyer expectations. Property buyers are now actively seeking homes with dedicated home offices, superior indoor-outdoor flow, ample garden space, and crucially, security and energy efficiency features. Solar power and fibre connectivity have moved from being 'nice-to-haves' to non-negotiable prerequisites. Properties offering these features are commanding premium prices, while those lacking them face longer selling times. This shift reflects broader concerns about load shedding and connectivity requirements for remote work arrangements.

Published: 5 February 2026

Reverse Semigration Trend Emerges

While scenic views and upmarket living continue to attract semigrants from northern provinces to the Western Cape, a new counter-trend is emerging. Pam Golding Property Group CEO Dr Andrew Golding notes that 2025 saw semigration patterns evolving, with a continued though slightly slowed flow to the Western Cape. Simultaneously, a rise in 'reverse semigration' has seen individuals returning to Gauteng, primarily driven by job opportunities and the rising cost of living in coastal areas. Additionally, some Cape Town families receiving record prices for their properties are finding they cannot afford to stay in the same neighbourhoods due to stock shortages, leading them to relocate to smaller towns along the West Coast and Garden Route.

Published: 5 February 2026

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