Muizenberg Beachfront Revitalisation: A Catalyst for Southern Peninsula Property Boom

Top 3 Takeaways

• Major Infrastructure Overhaul: The City of Cape Town is investing in a comprehensive upgrade of Muizenberg's beachfront, including a new stepped revetment, accessible promenade, and improved parking and facilities.
• Surge in Property Values: From 2020 to 2025, Muizenberg's property prices have risen by up to 77%, driven by increased demand from young buyers, investors, and international interest. BusinessTech
• Seeff's Market Insights: Seeff reports a strong seller's market with properties selling rapidly due to high demand and limited supply, particularly in Muizenberg, Kalk Bay, and Fish Hoek. MyProperty South Africa

Muizenberg Beachfront Revitalisation: A catalyst for Southern Peninsula Property Boom

The City of Cape Town is embarking on a significant redevelopment of Muizenberg's beachfront, aiming to enhance the area's appeal and bolster property values. This initiative includes the construction of a stepped revetment with a 3-metre-wide, universally accessible promenade, designed to protect against rising sea levels and storm surges.

Additional upgrades encompass the formalisation of parking areas with clay pavers, improved ablution facilities featuring family-changing rooms and wheelchair-accessible showers, and the relocation of the historic pergola to a more sustainable position.

The playground will also receive enhancements, introducing a kelp forest theme and interactive equipment suitable for children of varying abilities.

These developments are expected to attract more tourists and increase the area's desirability for both residential and investment buyers. The False Bay region, encompassing Muizenberg, Kalk Bay, and Fish Hoek, has already experienced significant growth in property prices during the pandemic years, attracting a mix of residential and investment buyers, including Airbnb investors.

False Bay Property Market: A Snapshot of Growth‍

The property market in the False Bay area has seen notable growth from 2020 to 2025, with significant increases in both full title and sectional title properties across various towns.

Muizenberg, for instance, has experienced a 77% increase in full title property prices and a 50% rise in sectional title prices. Kalk Bay has seen an 83% increase in full title prices, while Fish Hoek has experienced a 137% rise in full title properties. These trends indicate a robust demand for properties in the region.

The influx of buyers, ranging from young professionals to retirees, has contributed to the high demand and limited supply, resulting in properties selling quickly. Many sellers are holding onto their homes, leading to a waiting list of buyers eager to relocate to the False Bay area.

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False Bay is also very popular for rentals, often driven by school access and leisure attractions. Muizenberg is hugely popular with surfers looking for rental accommodation. Average rental rates are around R12,000 to R23,000 per month, but luxury homes and sea view properties can go well above this. 

Tracey Reid-Daly, licensee for Seeff Southern Peninsula which covers Kommetjie, Noordhoek, Chapmans Peak and Scarborough, says these areas have also seen a notable uptick in demand and prices since the pandemic. Aside from locals moving here, there is also an influx of semigration buyers, as well as international buyers who fall in love with the area. 

Noordhoek for example now boasts an average price of around R9m with most sales over R3 million, according to Lightstone data. It is particularly scenic and renowned for its 8km Long Beach, one of the longest and widest in the Peninsula where horse riding is a popular sight. Most buyers tend to be in the 35-60 age group. 

The average price for Kommetjie is around R6.3 million, also with most sales over R3 million, according to the Lightstone data, while 61% of buyers are under 50-years. Again, the scenic fynbos and mountain views, clean air, and laid-back lifestyle are key drawcards in the area.

Seeff's Advice for Prospective Buyers and Investors

Seeff Property Group advises prospective buyers and investors to act promptly due to the high demand and limited availability of properties in the False Bay area.

The ongoing beachfront upgrades are expected to further enhance the area's appeal, potentially leading to continued appreciation in property values. Buyers should consider factors such as proximity to the beach, access to amenities, and the potential for rental income when evaluating properties.

For sellers, the current market conditions present an opportunity to capitalise on the high demand. However, it's essential to ensure that properties are well-maintained and appropriately priced to attract serious buyers.

In summary, the revitalisation of Muizenberg's beachfront, coupled with the overall growth in the False Bay property market, presents a promising landscape for both buyers and investors. With strategic planning and timely decisions, stakeholders can benefit from the ongoing developments in the region.