Marina da Gama
Q3 2026 Property Market Snapshot
š Volume of Sales 0 Q3 2025: 12 Sales (-41.7%)
š Avg Rand per m² 0 Q3 2025: R 7 206 (+14.1%)
š Average Price 0 Q3 2025: R 3 488 333 (+12.6%)
š Median Price 0 Q3 2025: R 2 950 000 (+30.5%)
š° Total Value Turnover 0 Q3 2025: R 41 860 000 (-34.3%)
ā± Avg Sales Period ~118 Days Q3 2025: ~116 Days (Stable)
Enclave & Waterfront Isolation Index
High-density island settings and intimate cul-de-sac enclaves demonstrate clear pricing decoupling from the wider inland Marina freehold market.
Island / Waterway Enclaves R 12,012/m² Average price: R 3,447,500 Led by Eastlake Island Way (R 13,652/m²) & Carp Close (R 10,428/m²)
General Freehold Marina R 7,436/m² Average price: R 4,121,000 Larger stand transfers across Thibault Walk, Alphen Close & Halyard Walk
Data Integrity & Interrogation Audit Panel
Auditor’s Methodology & Mathematical Verification
- Initial Registry Pull: 9 deeds records were filed in the Deeds Office for Q3 2026 (2026/07/01 to 2026/09/30).
- Market Cleansing (Q3 2026): 2 non-market entries were isolated and excluded:
- 3 Springer Close (Erf 112568) ā Registered under SECT 45(1) (inter-spousal/endorsement transfer).
- 35 Fishermans Quay (Erf 126501) ā Transferred as an ESTATE settlement with no open-market sale price.
- Baseline Cleansing (Q3 2025): 14 total transfers were interrogated. 2 non-market transactions (5 Gelder Close – Section 45(1) and 23 Battle Ridge – Estate) were excluded, establishing 12 verified market transactions with a verified spend of R 41,860,000.
- Cumulative Verification: The sum of all 7 registered Q3 2026 market transactions equals exactly R 27,500,000. Total registered land extent of 3,345m² yields a mathematically audited rate of R 8,221/m².
- Median Precision: Arranging all 7 sales in ascending order positions 24 Eastlake Island Way (R 3,850,000) at the precise 4th rank midpoint, matching the median average of R 3,850,000.
View Q3 2026 Transaction List (Audited)
| Address | Extent | Price | R/m² |
|---|---|---|---|
| 24 EASTLAKE ISLAND WAY | 282m² | R 3,850,000 | R 13,652 |
| 6 CARP CLOSE | 292m² | R 3,045,000 | R 10,428 |
| 12 THIBAULT WALK | 563m² | R 5,000,000 | R 8,881 |
| 3 ALPHEN CLOSE | 621m² | R 4,900,000 | R 7,890 |
| 32 THIBAULT WALK | 560m² | R 4,195,000 | R 7,491 |
| 1 MEULEN CLOSE | 483m² | R 3,310,000 | R 6,853 |
| 20 HALYARD WALK | 544m² | R 3,200,000 | R 5,882 |


Market Commentary
A comparative audit between ThirdQuarter 2025 and Third Quarter 2026 illustrates a market characterized by severe inventory constriction paired with exceptional capital appreciation. Overall transactional throughput fell by -41.7% (down from 12 market sales in Q3 2025 to 7 in Q3 2026).
In mature residential markets, declining sales volume is frequently misinterpreted as softening demand. However, the Marina da Gama freehold sector presents the definitive signature of a supply-driven scarcity dynamic: while fewer properties became available to trade, fierce competition among qualified purchasers propelled the primary market strength metricāthe Average Rand per m²āfrom R 7,206/m² in Q3 2025 to R 8,221/m² in Q3 2026, delivering an impressive +14.1% year-on-year surge.
Equally telling is the movement in capital pricing tiers. The suburb’s median price increased from R 2,950,000 to R 3,850,000 (a +30.5% jump), reflecting strong buyer willingness to commit top-of-market capital. Micro-enclave premiums also remain stark: premium island stands along Eastlake Island Way commanded an extraordinary R 13,652/m², significantly outpacing the baseline averages of larger interior freehold erven.