Property Issues

Jaw-Dropping R5,000 Cape Town Home Listing Leaves South Africans Stunned!

S
Starent
3 min read 59 0

A Cape Town property listing has sparked confusion after a three-bedroom house was advertised for R5,000

The video highlighted ongoing challenges in South Africa’s housing market, where affordability, safety, and transparency often collide.

With housing pressures increasing in major cities, unclear listings like this reflect deeper frustrations around access to decent and affordable homes.

One unclear price, one unfinished house, and a country already stressed about housing; this listing struck a nerve for a reason.

A video posted by

@zolam.properties6

South Africa’s property market has become increasingly difficult to navigate, especially in major metros like Cape Town, where prices continue to rise faster than wages. Affordable housing remains a serious issue, particularly for working-class families. Listings that appear too cheap often raise red flags, while rentals that seem expensive for certain areas highlight how uneven property pricing has become. Khayelitsha, like many townships, sits at the center of these conversations, where access, safety, infrastructure, and affordability all play a role in how value is perceived. @brieflynews contacted the real estate company for comment and will update the article if and when a response is provided.

R5,000 Listing Raises Serious Questions

The unclear pricing, combined with the condition of the property, is what sparked widespread attention online. User

@zolam.properties6

Many viewers expressed disbelief and frustration, saying the price did not add up either way. Some felt it was misleading without proper details, while others saw it as another example of how confusing the property market has become for ordinary South Africans trying to secure a place to live.

Here’s What Mzansi Said

Monde wrote:

“Yhuu, R,5000 for this?”

Thobela wrote:

“Abanikazi bayo babaleke ntoni kuyo? Translation: Why did the owners abandon it?”

Mackavit wrote:

“Side B ndahlala 2 weeks bandingenela Emini. Translation: I know this area and used to live there until they robbed me during the day.”

Zamokuhle wrote:

“eLitha park, 3-bedroom house for R,2800.”

Entle wrote:

“If it’s R,5000, then I'm interested.”

Bianca wrote:

“Are you serious? I want to buy it now.”

Check out the TikTok video below:

3 Other Stories About Cape Town Properties

  • Wealthy foreign buyers are driving Cape Town’s luxury property market, spending around R2.8 billion on homes along the Atlantic Seaboard over the past year.
  • A young wife captivated thousands of people after giving a full tour of her beautifully decorated two-roomed shack in Cape Town.
  • An American crypto trader took to his TikTok account to state how "cheap" he found a mansion in Cape Town to be.

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