Plumstead Property Snapshot
Quarter 1: 2025 vs 2026 Analysis
Sales Volume 23 ▼ 11.5% YoY
Avg Sale Price 2895400 ▲ 6.2% YoY
Average R/m² 6184 ▲ 14.3% YoY
Median Price 3000000 ▲ 21.4% YoY
Stock Scarcity High Tightening Market
Highest Sale (Q1) 5200000 Dalziel Road
View Q1 2026 Market Sales Data
| Address | Extent | Sale Price | R/m² |
|---|---|---|---|
| 9 Timour Hall Road | 572 m² | R 2 995 000 | R 5 236 |
| 3 Viooltjie Street | 214 m² | R 880 000 | R 4 112 |
| 15 Melville Road | 495 m² | R 1 315 000 | R 2 657 |
| 9 Barnett Road | 565 m² | R 2 695 000 | R 4 770 |
| 28 Basil Road | 496 m² | R 4 200 000 | R 8 468 |
| 9 Prince Avenue | 809 m² | R 3 000 000 | R 3 708 |
| 116 Milford Road | 495 m² | R 3 500 000 | R 7 071 |
| 38 Medway Road | 465 m² | R 3 325 000 | R 7 151 |
| 44 Lympleigh Road | 520 m² | R 1 900 000 | R 3 654 |
| 11 Dalziel Road | 698 m² | R 5 200 000 | R 7 450 |
| 31 Naruna Crescent | 602 m² | R 1 100 000 | R 1 827 |
| 14A Lidford Road | 475 m² | R 3 800 000 | R 8 000 |
| 83 Rotherfield Road | 499 m² | R 4 100 000 | R 8 216 |
| 44 Chudleigh Road | 477 m² | R 2 650 000 | R 5 556 |
| 7 Barnett Road | 595 m² | R 3 300 000 | R 5 546 |
| 19 Walsall Road | 541 m² | R 4 500 000 | R 8 318 |
| 46 Coronation Avenue | 496 m² | R 2 300 000 | R 4 637 |
| 134 Stella Road | 496 m² | R 3 700 000 | R 7 460 |
| 16 Ainslie Road | 446 m² | R 2 900 000 | R 6 502 |
| 14 Naruna Crescent | 246 m² | R 2 400 000 | R 9 756 |
| 8 Silverton Road | 950 m² | R 4 750 000 | R 5 000 |
| 40 Dick Burton Street | 447 m² | R 2 500 000 | R 5 593 |
| 152 Woodgate Road | 519 m² | R 2 250 000 | R 4 335 |
| 75 Milford Road | 595 m² | R 1 220 000 | R 2 050 |
| 68 Woodley Road | 496 m² | R 3 300 000 | R 6 653 |
| 16 Klaproos Street | 388 m² | R 980 000 | R 2 526 |
| 2 Thornwick Terrace | 323 m² | R 2 750 000 | R 8 514 |
Senior Analyst interpretation
The Plumstead freehold market in Q1 2026 exhibits a classic “scarcity-driven growth” pattern. While sales volume dropped slightly from 26 market-related transfers in Q1 2025 to 23 in Q1 2026, the Rand per m² (R/m²)—our primary indicator of underlying land value—surged by over 14%.
The median price reaching the R 3,000,000 mark for the first time in this period suggests a significant shift in buyer profile. We are seeing higher demand for modernised properties on smaller, manageable erfs, as evidenced by the high R/m² achieved on roads like Basil and Walsall. Owners of well-presented homes are currently benefiting from a lack of quality inventory.