PropertyLane assumptions v0 · localities v0
census 29 Jul 2026

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2 Bedroom House with Lounge

421216 · Wonderboom · Soshanguve · 2 bed · freehold · auction 31 Jul 2026

+Pass, reserve ×Fail, walk_away ?Review, market 0 days
Gross yield
not computed
no rent held for Soshanguve
Over market
11.9%
value R 500 000.00, all-in above it

Walk away above R 272 650.80 Bid more than this and the all-in cost, provisions at full, passes what the property is worth. It is a ceiling on the bid, not a forecast of it, and it moves with the provisions.

Firm, figures that exist

Bid price, reserve published on the listing R 300 000.00
Sheriff's commissionR 13 000.00
Commission VAT rate unconfirmed, as at 2018-04-01 R 1 950.00
Transfer dutyR 0.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 25 000.00
Firm costR 339 950.00

Provisioned, bounded and never quoted

Municipal arrears R 0.00R 80 000.00
Remediation R 0.00R 50 000.00
Eviction R 0.00R 45 000.00
Holding cost R 4 500.00R 13 500.00
Provisioned range R 4 500.00R 188 500.00

Cash

On auction dayR 44 950.00
Balance by 21 Aug 2026 R 270 000.00
All-in, floor to ceiling R 339 950.00R 559 657.50
All-in per m² at the ceilingR 2 194.74

Registered against the title · 2

Bond, Nedbank Ltd B45298/2022 R 516 037.00
Interdict I-3130/2024AT
!1 interdict registered. An interdict restrains dealing with the property and is not extinguished by the sale in the way a bond is. This is a question for the conveyancer before bidding, not after.

Nearby sales · 15 used of 15

Market value
R 500 000.00
R 1 960.78 per m², median
Last sold
R 590 000.00
2022/03/16

= Consistent with its own 2022 sale of R 590 000.00, at -3.7% a year over 4.4 years.

ErfPer m²PriceSize AwaySold
Erf 870 R 588 R 150 000 255 92 2025
Erf 1143 R 988 R 250 000 253 124 2026
Erf 870 R 1 568 R 399 900 255 92 2025
Erf 720 R 1 575 R 400 000 254 177 2026
Erf 909 R 1 774 R 550 000 310 185 2025
Erf 1197 R 1 777 R 455 000 256 241 2026
Erf 573 R 1 922 R 490 000 255 191 2025
Erf 829 R 1 961 R 500 000 255 62 2025
Erf 782 R 2 157 R 550 000 255 73 2025
Erf 627 R 2 314 R 590 000 255 197 2025
Erf 661 R 2 333 R 595 000 255 222 2025
Erf 1195 R 2 344 R 600 000 256 220 2025
Erf 682 R 2 471 R 630 000 255 238 2025
Erf 799 R 2 627 R 670 000 255 70 2025
Erf 724 R 2 745 R 700 000 255 168 2024

15 nearby sales, sold 2024 to 2026. The median runs across the rest, and the rates they span put this erf between R 150 000.00 and R 700 000.00. Sizes are in m² and distances in metres. Evidence about the area, not a valuation of this property, which nobody has inspected.

Recited by the notice · 5

Evidence read 2026-07-31

Flags · 5

!conveyancing_bands
!vat_rate
!commission scale not recited in the notice - configured fallback used
!VAT status is not recited, and notices do not state it: modelled as a transfer-duty sale at R0. Were the execution debtor a registered VAT vendor, VAT on the same bid would be R45000 in its place.
!the lowest bid this sale permits, R300000, is already above the R272651 walk-away price - no bid in the band recovers its own cost against modelled value, so this cannot alert whatever the rent turns out to be

The municipal arrears figure is a provision, not a quote. A non-owner may not obtain the clearance figure from the municipality; the sheriff gives an estimate on the day. Do not bid against the midpoint of this range.

Market value is derived from 15 nearby sales, sold 2024 to 2026, at the median of rate per square metre. It is evidence about the area, not a valuation of this property, which nobody has inspected.

Attorneys for the execution creditor: HACK STUPEL & ROSS ATTORNEYS INCORPORATED (0123254185). This is the practical route to an arrears figure before auction day.

Keep this one Favourites hold a shortlist, not a decision