PropertyLane assumptions v0 · localities v0
census 29 Jul 2026

Cost assumptions · set v0 · 2026-07-29

Vat rate 15.0%
Unconfirmed · as at 2018-04-01 · South African VAT standard rate. The increase proposed for 2025 was withdrawn; confirm the rate current at the date of use.
Transfer duty bands 6 marginal bands, nil to R 1 100 000.00
Unconfirmed · as at 2023-03-01 · SARS transfer duty table. UNVERIFIED and known to be behind - the scale is revised most budgets. Immaterial below the nil threshold, which covers the price range in the Gate G0.3 census; confirm before modelling anything near or above it.
Conveyancing bands 3 price bands, from R 25 000.00
Unconfirmed · as at unknown · Placeholder tariff estimate by price band. UNVERIFIED - obtain from the conveyancer who would handle the transfer.
Commission scale 3 bands, cap R 40 000.00
as at 2026-07-29 · Recited verbatim in a July 2026 sheriff's notice and reproduced in specification v2.3 Section 7.1. Fallback only - prefer the scale the notice itself recites.
Market gross yield 10.9%
Unconfirmed · as at 2025-12-31 · Rode's Report, gross apartment yields averaged 10.93 per cent in Q4 2025, read from a secondary summary rather than the report itself. Confirm against a current edition before quoting it.
Default deposit 10.0%
Bid premium over reserve 10.0%
No-reserve band R 50 000.00 to R 500 000.00
Municipal arrears provision R 0.00 to R 80 000.00 — no area evidence
Eviction provision R 0.00 to R 45 000.00 — no area evidence
Remediation provision R 0.00 to R 50 000.00 — no area evidence
Levy arrears provision R 0.00 to R 60 000.00
Transfer duration 3 to 9 months
Holding cost, monthly R 1 500.00
Implausible yield above 25.0%

Nothing here has been confirmed by a professional. Any figure marked unconfirmed that moves a number appears as a flag on the listing that used it, rather than sitting quietly on this page. Editing is not wired up yet — a change creates a new numbered set, results already recorded keep the version that produced them, and that write path lands with the review queue in Phase 3.

Localities · set v0 · 0 held

No locality data held. Market value and rent are what turn a cost into a judgement, so until a report is ingested every listing routes to review on market and no yield is computed. The ingestion contract is documented in propertylane/localities.py.