One South African suburb is so expensive that the average 4-bedroom house costs R60 million

Property • 26 October 2026 • Kirsten Minnaar

A new analysis revealed that the average four-bedroom property in Clifton is now selling for just under R60 million.

This is according to Codera Analytics’ Riaan Grobler, who provided estimates of the average residential property prices by number of bedrooms in selected suburbs in South Africa.

Clifton is one of Cape Town’s most exclusive residential suburbs, situated on the Atlantic Seaboard between Bantry Bay and Camps Bay.

Set beneath Lion’s Head and overlooking the Atlantic Ocean, it is known for its four beaches, luxury homes and views of the coastline.

Clifton’s four beaches are naturally separated by large granite boulders and sheltered from the strong south-easterly winds that affect much of Cape Town’s coastline.

The area was also historically known as “Masbieker Beach”, a name associated with the Cape’s slave-trade era.

Clifton’s residential history is closely linked to the period after the First World War. The City of Cape Town laid out small properties in the area for returning soldiers.

During the 1920s and 1930s, some of the original bungalows were built using packing cases that had been used to transport imported motor cars. Most of these early structures have since been replaced by modern homes.

Today, Clifton’s property market includes glass-fronted villas, large luxury homes, and apartments overlooking the ocean.

Some properties sit directly above the beaches, while others occupy elevated positions on the slopes, offering panoramic views of the coastline.

Its limited space for new development and sought-after coastal location contribute to its appeal among wealthy local and international buyers.

Although Clifton is primarily residential, it is close to several established retail and entertainment destinations.

Camps Bay offers restaurants, cafés, and beachfront venues, while the nearby V&A Waterfront has shopping outlets, restaurants, and entertainment facilities.

Property prices in Clifton

In Codera’s analysis, Clifton emerged as the most expensive suburb in every category, with two-bedroom properties starting at R15 million and three-bedroom properties at R30 million on average.

For a four-bedroom property, the price was just under R60 million. In comparison, prices in some of Cape Town’s most prestigious suburbs, Bantry Bay and Camps Bay, only reached R30 million.

This reflects a broader trend identified by property market experts. Earlier in 2026, Pam Golding Properties’ Western Cape regional head, Basil Moraitis, said Cape Town’s prime suburbs, such as Clifton, were performing well.

The group was seeing particularly strong activity in the R20 million to R70 million-plus segment.

Demand was outstripping supply across the Atlantic Seaboard and City Bowl, particularly in Clifton, Camps Bay, Fresnaye, and Bantry Bay.

While the City Bowl offers a mix of traditional and contemporary properties, Clifton and Camps Bay are sought after for their beachfront bungalows and luxury villas.

Clifton also has some of the Atlantic Seaboard’s most desirable sectional-title apartments, with prices exceeding R200,000 per square metre.

Lightstone statistics also showed that the median sectional-title sales price in Clifton reached R31.17 million between January and May 2026.

This was a record high, representing a 64.1% increase on the previous median high of R19 million recorded in 2020.