Annual Cape Town Rental Report
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The dynamics of the residential rental property market are shaped by a complex interplay of factors influencing both supply and demand. The balance between these forces at any given time serves as the primary driver of prevailing rental rates within a region.
In this context, we are pleased to share an excerpt from our 2024 Rental Report for the Cape Town area, compiled by the award-winning Residential Rentals Department at Quay 1 International Realty.
"The residential rental market in Cape Town followed a consistent year-on-year trend: a peak in listing supply during winter and a trough in summer. However, overall supply is expected to increase as key developers, including Signatura, Berman Brothers, and Blok, significantly ramp up their projects in the area."
CAPE TOWN RESIDENTIAL RENTAL - 2024 REPORT
The report explores the supply and demand trends for 2024, supported by a detailed analysis of our listing data across major regions. These insights reflect changing market conditions and inform our strategies for the coming year.
In addition to market insights, Quay 1 International Realty offers a comprehensive, full-service rental management solution designed to optimise the performance of investment properties. Our tailored approach addresses every facet of property management, from thorough inspections to comprehensive insurance coverage, to ensure that we maximise the return on investment with minimal effort from the property owner.
We invite you to explore how our dynamic expertise can enhance the value of your rental property or portfolio. Contact us today to discover how Quay 1 can support and add value to your investment objectives.
17 Feb 2025
Author Quay 1 International Realty