PropertyLane assumptions v0 · localities v0
census 29 Jul 2026

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2 Bedroom House with Outbuilding

425149 · Vanderbijlpark · Vanderbijlpark C. W. 5 · 2 bed · freehold · auction 7 Aug 2026

+Pass, reserve +Pass, walk_away ?Review, market 7 days
Gross yield
not computed
no rent held for Vanderbijlpark C. W. 5
Under market
24.5%
value R 779 096.15

Walk away above R 529 389.18 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 recited R 325 000.00
Sheriff's commissionR 13 875.00
Commission VAT rate unconfirmed, as at 2018-04-01 R 2 081.25
Transfer dutyR 0.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 25 000.00
Firm costR 365 956.25

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 48 456.25
Balance by 28 Aug 2026 R 292 500.00
All-in, floor to ceiling R 365 956.25R 588 264.38
All-in per m² at the ceilingR 926.40

Registered against the title · 3

Bond, Nedbank Ltd B78145/2007 R 40 000.00
Bond, Nedbank Ltd B61031/2006 R 270 000.00
Interdict I-1634/2025AT
!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 · 14 used of 15

Market value
R 779 096.15
R 1 226.92 per m², median
Last sold
R 250 000.00
2005/11/07

= Consistent with its own 2005 sale of R 250 000.00, at 5.6% a year over 20.7 years.

ErfPer m²PriceSize AwaySold
Erf 558 out R 349 R 226 965 650 155 2026
Erf 582 R 723 R 470 000 650 133 2024
Erf 588 R 880 R 570 000 648 87 2025
Erf 513 R 955 R 575 000 602 258 2025
Erf 604 R 1 016 R 900 000 886 236 2026
Erf 117 R 1 068 R 660 000 618 164 2025
Erf 551 R 1 113 R 620 000 557 172 2025
Erf 582 R 1 200 R 780 000 650 133 2024
Erf 559 R 1 254 R 815 000 650 139 2024
Erf 580 R 1 277 R 830 000 650 150 2026
Erf 116 R 1 327 R 820 000 618 185 2024
Erf 588 R 1 343 R 870 000 648 87 2025
Erf 513 R 1 429 R 860 000 602 258 2025
Erf 549 R 1 588 R 1 032 000 650 172 2025
Erf 533 R 1 683 R 1 060 000 630 297 2025

14 nearby sales, sold 2024 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 459 153.85 and R 1 068 412.70. 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

Sale held byoft he High Court
Evidence read 2026-07-31

Flags · 4

!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 R48750 in its place.

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 2024 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: Biccari Bollo Mariano Inc (011 628 9300). This is the practical route to an arrears figure before auction day.

Keep this one Favourites hold a shortlist, not a decision