Camps Bay is an affluent suburb of Cape Town, South Africa, and the small bay on the west coast of the Cape Peninsula after which it is named. In summer it attracts many South African and foreign visitors.
Camps bay has a strip of cafe’s and restaurants on the coast line dotted with palm trees. It is know as a tourist hotspot as the restaurants cater for this market.
Camps bay has some of the most beautiful sunsets as the sun sets over the Camps Bay ocean. It is also known to be a particularly windy suburb with strong South Easterly winds blowing through the suburb in Summer. Winter months are warm and windless. Access to the city centre and main highways are an easy drive over Kloof Neck.
Suburb Statistics:
In the last 12 months CAMPS BAY had 58 properties that sold.
If you are looking for an investment property, consider houses in CAMPS BAY rent out for an average of R 40 000 per month, with an annual rental yield of 2,32 %, and apartments rent for an average of R 24 125 per month, with a rental yield of 3,08 %.
Based on five years of sales, CAMPS BAY has seen a compound growth rate of -18.41% for houses and -24.77% for apartments.
Average rental per month in CAMPS BAY @ June 2022
1 bedroom unit: R 11 083 2 bedroom unit: R 24 125 3 bedroom unit: R 37 000 House: R 40 000