28/10/2025
In the Western Cape, property purchases continue to show a clear divide between cash and financed transactions.
In 2025, 83% of properties under R500,000 were bought in cash, with only 17% financed, reflecting affordability and accessibility in this entry-level band.
Between R500,000 and R2 million, the market shifts — 57% of buyers used home loans, while 42% paid cash.
For properties between R2 million and R5 million, the split remains balanced, with 49% bonded and 50% cash.
At the luxury end, 62% of properties priced above R5 million were cash purchases, compared to just 36% bonded, showing the influence of high-net-worth buyers in this segment.
Overall, these figures reveal that cash remains king at the top, while home loans are the backbone of the mid-market — a reflection of both confidence and constraint in the Western Cape property landscape.