PropertyLane assumptions v0 · localities v0
census 29 Jul 2026

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2 Bedroom Home with Carport

423631 · 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
6.6%
value R 567 736.95, all-in above it

Walk away above R 337 766.83 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 340 000.00
Sheriff's commissionR 14 400.00
Commission VAT rate unconfirmed, as at 2018-04-01 R 2 160.00
Transfer dutyR 0.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 25 000.00
Firm costR 381 560.00

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 70 560.00
Balance by 21 Aug 2026 R 306 000.00
All-in, floor to ceiling R 381 560.00R 605 428.50
All-in per m² at the ceilingR 3 561.34

Registered against the title · 1

Bond, Firstrand Bank Ltd B36608/2013 R 279 000.00

Nearby sales · 14 used of 15

Market value
R 567 736.95
R 3 339.63 per m², median
Last sold
R 79 800.00
2013/02/11

= Consistent with its own 2013 sale of R 79 800.00, at 15.7% a year over 13.5 years.

ErfPer m²PriceSize AwaySold
Erf 7280 out R 1 157 R 221 000 191 131 2024
Erf 7284 R 2 540 R 508 000 200 70 2023
Erf 7279 R 2 667 R 760 000 285 179 2025
Erf 7279 R 2 791 R 480 000 172 183 2025
Erf 7288 R 2 824 R 480 000 170 34 2024
Erf 7284 R 2 865 R 530 000 185 136 2025
Erf 7291 R 3 125 R 500 000 160 158 2025
Erf 7284 R 3 242 R 590 000 182 193 2026
Erf 7288 R 3 438 R 550 000 160 33 2024
Erf 7289 R 3 438 R 550 000 160 185 2025
Erf 7287 R 3 473 R 580 000 167 101 2024
Erf 7288 R 3 562 R 570 000 160 47 2024
Erf 7289 R 3 993 R 599 000 150 178 2026
Erf 7291 R 4 062 R 650 000 160 174 2026
Erf 7289 R 4 118 R 700 000 170 198 2025

14 nearby sales, sold 2023 to 2026; 1 excluded as outliers. The 1 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 431 800.00 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 · 9

Registration to bid, refundable R 20 000.00
Sale held byTSHWANE NORTH
Case number13912/2020
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 R51000 in its place.
!the lowest bid this sale permits, R340000, is already above the R337767 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 14 nearby sales, sold 2023 to 2026; 1 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: COETZER & PARTNERS (012 3432560). This is the practical route to an arrears figure before auction day.

Keep this one Favourites hold a shortlist, not a decision