PropertyLane assumptions v0 · localities v0
census 29 Jul 2026

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2 Bedroom House with Dining Room and Lounge

425152 · Vereeniging · Savanna City · 2 bed · freehold · auction 13 Aug 2026

+Pass, reserve ?Review, walk_away ?Review, market 13 days · in window
Gross yield
not computed
no rent held for Savanna City
Under market
19.1%
value R 800 250.94

Firm, figures that exist

Bid price, reserve published on the listing R 377 000.00
Sheriff's commissionR 15 695.00
Commission VAT rate unconfirmed, as at 2018-04-01 R 2 354.25
Transfer dutyR 0.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 25 000.00
Firm costR 420 049.25

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 55 749.25
Balance by 3 Sep 2026 R 339 300.00
All-in, floor to ceiling R 420 049.25R 647 428.58
All-in per m² at the ceilingR 1 904.20

Registered against the title · 3

Bond, Pty Ltd B66460/2021 R 514 935.00
Interdict I-4908/2016C
Interdict I-4907/2016C
!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 · 10 used of 10

Market value
R 800 250.94
R 2 353.68 per m², median
Last sold
R 250 000.00
2021/02/01

! This value implies 23.6% a year against its own 2021 sale of R 250 000.00, outside what the rest of the census shows. Treat it as unverified until someone has looked.

ErfPer m²PriceSize AwaySold
Erf 1016 R 893 R 800 000 896 227 2023
Erf 1192 R 1 603 R 550 000 343 39 2025
Erf 1032 R 1 638 R 580 000 354 62 2026
Erf 14888 R 1 667 R 300 000 180 259 2024
Erf 14888 R 1 667 R 300 000 180 262 2025
Erf 14888 R 1 667 R 300 000 180 264 2024
Erf 14888 R 1 667 R 300 000 180 279 2025
Erf 986 R 1 733 R 520 000 300 163 2025
Erf 756 R 1 821 R 345 963 190 248 2024
Erf 985 R 2 330 R 699 000 300 148 2026
Erf 1134 R 2 377 R 630 000 265 198 2026
Erf 756 R 2 526 R 480 000 190 248 2025
Erf 14888 R 3 529 R 635 170 180 256 2025
Erf 14888 R 3 529 R 635 170 180 260 2024
Erf 14888 R 3 643 R 655 804 180 256 2024

10 nearby sales, sold 2024 to 2026. The median runs across the rest, and the rates they span put this erf between R 545 189.50 and R 1 238 740.89. 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 number031208/2025
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 R56550 in its place.
!market value disagrees with this property's own last sale - this value implies +23.6% a year against its own 2021 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 10 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: STRYDOM BRITZ MOHULATSI INC. (0123651887). This is the practical route to an arrears figure before auction day.

Keep this one Favourites hold a shortlist, not a decision