PropertyLane assumptions v0 · localities v0
census 29 Jul 2026

← Ranked

2 Bedroom Apartment with Lounge

423610 · Kempton Park · Birchleigh · 2 bed · sectional · auction 6 Aug 2026

+Pass, reserve ×Fail, walk_away ?Review, market 6 days
Gross yield
not computed
no rent held for Birchleigh
Over market
124.7%
value R 340 170.49, all-in above it

Walk away above R 62 367.16 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 428 000.00
Sheriff's commissionR 16 920.00
Commission VAT rate unconfirmed, as at 2018-04-01 R 2 538.00
Transfer dutyR 0.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 25 000.00
Firm costR 472 458.00

Provisioned, bounded and never quoted

Municipal arrears R 0.00R 80 000.00
Remediation R 0.00R 50 000.00
Levy arrears R 0.00R 60 000.00
Eviction R 0.00R 45 000.00
Holding cost R 4 500.00R 13 500.00
Provisioned range R 4 500.00R 248 500.00

Cash

On auction dayR 62 258.00
Balance by 27 Aug 2026 R 385 200.00
All-in, floor to ceiling R 472 458.00R 764 496.30
All-in per m² at the ceilingR 12 330.59

Registered against the title · 2

Bond, Pty Ltd SB25144/2019 R 645 000.00
Interdict I-1209/2026AT
!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 · 6 used of 10

Market value
R 340 170.49
R 5 486.62 per m², median
Last sold
R 645 000.00
2019/02/28

= Consistent with its own 2019 sale of R 645 000.00, at -8.3% a year over 7.4 years.

ErfPer m²PriceSize AwaySold
Unit 634 Birchleigh North Ext 2 R 1 665 R 1 650 000 991 182 2025
Unit 407 Birchleigh R 1 813 R 4 000 000 2206 35 2024
Unit 408 Birchleigh R 2 119 R 1 100 000 519 71 2025
Unit 445 Birchleigh R 2 218 R 1 100 000 496 90 2025
Unit 14 Boekenhout 3 Maroela Street out R 3 274 R 337 238 103 119 2023
Unit 9 Boekenhout 3 Maroela Street out R 3 588 R 369 535 103 119 2025
Unit 9 Boekenhout 3 Maroela Street R 5 146 R 530 000 103 119 2025
Unit 16 Kiaat 5 Maroela Street R 5 437 R 560 000 103 146 2026
Unit 15 Kiaat 5 Maroela Street R 5 485 R 565 000 103 146 2025
Unit 17 Dominique`S Place 3 Mopani Street R 5 488 R 450 000 82 73 2025
Unit 3 Costa-Tou 4 Geelhout Street R 5 616 R 820 000 146 154 2025
Unit 18 Kiaat 5 Maroela Street R 5 631 R 580 000 103 146 2026
Unit 4 Kareehof 7 Maroela Street R 5 825 R 600 000 103 175 2025
Unit 7 Dominique`S Place 3 Mopani Street out R 7 125 R 570 000 80 73 2024
Unit 17 Matumi Corner 24 Matumi Avenue out R 8 730 R 550 000 63 0 2026

6 nearby sales, sold 2025 to 2026; 4 excluded as outliers. The 4 marked out sit beyond three median absolute deviations of the rate: improved property filed against a vacant erf, or a transfer not at arm's length. They are struck through rather than dropped, so the exclusion can be argued with. The median runs across the rest, and the rates they span put this erf between R 319 029.13 and R 361 165.05. 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 · 7

Case number2024/0770
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 R64200 in its place.
!the lowest bid this sale permits, R428000, is already above the R62367 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 6 nearby sales, sold 2025 to 2026; 4 excluded as outliers, 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: Lowndes Dlamini (011-292-5777). This is the practical route to an arrears figure before auction day.

Keep this one Favourites hold a shortlist, not a decision