Bantry Bay is an affluent suburb of Cape Town in the Western Cape Province, South Africa, situated on the slopes of Lion's Head and overlooking a rocky coastline. Its neighbouring suburbs are Sea Point and Clifton.
Bantry Bay is known to be one of the most wind-free area in Cape Town. Secluded & protected, this area gets about 290 wind free days per year.
Other than the wind-free attribute, Bantry bay has many high end apartment blocks on the coast line with expansive mountain views. The full title homes are generally set back from the coast line.
This suburb is highly sought after and popular with foreign visitors and holiday makers.
In the last 12 months BANTRY BAY had 39 properties that sold.
If you are looking for an investment property, consider houses in BANTRY BAY rent out for an average of R 40 000 per month, with an annual rental yield of 4,3%, and apartments rent for an average of R 24 100 per month, with a rental yield of 4,6%.
Based on five years of sales, BANTRY BAY has seen a compound growth rate of 23.31% for houses and 15.57% for apartments.
Average rental per month in BANTRY BAY @ June 2022
1 bedroom unit: R 16 750
2 bedroom unit: R 34 100
3 bedroom unit: R 59 500
House: R 65 000