Looking to buy or sell property in Gqeberha (Port Elizabeth)? You’re in the right place. Gqeberha has become South Africa’s fastest-growing housing market, attracting investors, first-time buyers, and families searching for lifestyle and value. With high demand, limited stock, and major infrastructure investment, the Nelson Mandela Bay (NMB) property market is one of the country’s strongest performers.
Why Gqeberha’s Property Market is Booming
According to Lightstone, Nelson Mandela Bay recorded an impressive 8% house price inflation in early 2021 – higher than Gauteng East (5.7%) and all other major metros. Even during 2020, when most markets slowed, NMB property prices still grew by 6.29%, nearly double Durban’s eThekwini (3.26%).
This consistent growth shows that Gqeberha is not only resilient but a top performer in South Africa’s real estate sector.
Property Demand and Asking Prices in Gqeberha
The surge in demand is clear from Property24 search data, which shows:
3.7 million property pageviews in Gqeberha in June 2021 alone
11.3 million pageviews between April–June 2021
Average asking prices in Gqeberha:
2020: R1.089 million (+9% from 2019)
2015 to 2020: 31% growth (from R830k to R1.089m)
This combination of affordability and appreciation makes Gqeberha one of South Africa’s most attractive real estate investment destinations.
Most Popular Suburbs in Gqeberha
The surge in demand is clear from Property24 search data, which shows:
3.7 million property pageviews in Gqeberha in June 2021 alone
11.3 million pageviews between April–June 2021
Average asking prices in Gqeberha:
2020: R1.089 million (+9% from 2019)
2015 to 2020: 31% growth (from R830k to R1.089m)
This combination of affordability and appreciation makes Gqeberha one of South Africa’s most attractive real estate investment destinations.
High-End vs Affordable Property in Gqeberha
While multi-million rand sales in Summerstrand and Little Walmer Golf Estate often grab headlines, the real story lies in the middle-market segment:
86% of transactions are below R3 million
Strong demand in the R800k–R1.5m range, especially from first-time buyers
Homes under R1.2m often cost less to buy than rent, making this an excellent entry point
New Developments & Lifestyle Trends in Nelson Mandela Bay
Gqeberha’s property market is evolving, with lifestyle estates and secure developments leading the way:
Mill Park Private Estate – 45 modern family homes priced from R3.05m, designed for remote working families.
Western Suburbs (Lorraine, Bridgemead, Kabega Park) – growing thanks to major retail and infrastructure investments (Makro, Toyota, Baywest Mall).
Sectional Title Living – estates and secure complexes are in higher demand, though freehold homes still dominate (73.5%).
Why It’s a Sellers’ Market in Gqeberha
With stock shortages, low interest rates, and strong buyer demand, Nelson Mandela Bay is firmly a seller’s market.
For sellers: Multiple buyers competing for limited stock means higher offers and faster sales.
For buyers: Affordable entry points make Gqeberha one of the best places in South Africa to get onto the property ladder.
Final Thoughts – Should You Invest in Gqeberha Real Estate?
The answer is clear: yes.
With unmatched affordability, growing infrastructure, and consistent price growth, Gqeberha continues to outperform other metros in South Africa.
Whether you’re a first-time buyer, investor, or looking to upgrade, now is the time to explore property opportunities in Gqeberha.
Work With a Local Expert
At Nikki Moulton Real Estate, we specialize in helping buyers and sellers navigate the Gqeberha property market. From beachfront apartments in Summerstrand to family homes in Lorraine, Nikki’s team provides personalized service and expert advice.