PropertyLane assumptions v0 · localities v0
census 29 Jul 2026

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2 Bedroom House with Lounge and Dining Room

423644 · Vereeniging · Stretford · 2 bed · freehold · auction 30 Jul 2026

+Pass, reserve ?Review, walk_away ?Review, market -1 days
Gross yield
not computed
no rent held for Stretford
Under market
4.3%
value R 507 274.66

Firm, figures that exist

Bid price, reserve published on the listing R 235 000.00
Sheriff's commissionR 10 725.00
Commission VAT rate unconfirmed, as at 2018-04-01 R 1 608.75
Transfer dutyR 0.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 25 000.00
Firm costR 272 333.75

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 35 833.75
Balance by 20 Aug 2026 R 211 500.00
All-in, floor to ceiling R 272 333.75R 485 279.63
All-in per m² at the ceilingR 1 831.24

Registered against the title · 3

Bond, Pty Ltd B51245/2018 R 380 000.00
Interdict I-4462/2017AT
Interdict I-4097/2025AT
!2 interdicts 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 · 14 used of 14

Market value
R 507 274.66
R 1 914.24 per m², median
Last sold
R 15 110 398.00
2008/03/26

! This value implies -16.9% a year against its own 2008 sale of R 15 110 398.00, outside what the rest of the census shows. Treat it as unverified until someone has looked.

ErfPer m²PriceSize AwaySold
Erf 2062 R 87 R 200 000 2300 224 2024
Erf 2176 R 370 R 98 000 265 33 2023
Erf 2190 R 415 R 110 000 265 93 2023
Erf 2230 R 744 R 199 338 268 119 2025
Erf 2162 R 774 R 151 000 195 49 2023
Erf 2268 R 1 481 R 400 000 270 233 2023
Erf 2195 R 1 887 R 500 000 265 26 2023
Erf 2082 R 1 893 R 460 000 243 190 2023
Erf 2248 R 1 935 R 540 000 279 178 2026
Erf 2451 R 1 950 R 390 000 200 330 2025
Erf 2162 R 1 974 R 385 000 195 49 2023
Erf 2226 R 2 220 R 595 000 268 168 2024
Erf 2081 R 2 551 R 620 000 243 193 2023
Erf 2260 R 2 614 R 690 000 264 152 2024
Erf 2437 R 2 933 R 610 000 208 286 2025

14 nearby sales, sold 2023 to 2026. The median runs across the rest, and the rates they span put this erf between R 98 000.00 and R 777 163.46. 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

Sale held byVEREENIGING
Case number2024/0113
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 R35250 in its place.
!market value disagrees with this property's own last sale - this value implies -16.9% a year against its own 2008 sale, outside the -10% to +18% the rest of the census shows

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, 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: TIM DU TOIT & CO INCORPORATED ATTORNEYS (011 274 9800). This is the practical route to an arrears figure before auction day.

Keep this one Favourites hold a shortlist, not a decision