PropertyLane assumptions v0 · localities v0
census 29 Jul 2026

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3 Bedroom Semi-Detached House with Fenced Boundary

425238 · Mitchells Plain South · Mitchells Plain · 3 bed · freehold · auction 5 Aug 2026

+Pass, reserve ×Fail, walk_away ?Review, market 5 days
Gross yield
not computed
no rent held for Mitchells Plain
Over market
1882.6%
value R 32 937.50, all-in above it

Walk away above R 0.00 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 382 000.00
Sheriff's commissionR 15 870.00
Commission VAT rate unconfirmed, as at 2018-04-01 R 2 380.50
Transfer dutyR 0.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 25 000.00
Firm costR 425 250.50

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 56 450.50
Balance by 26 Aug 2026 R 343 800.00
All-in, floor to ceiling R 425 250.50R 653 023.45
All-in per m² at the ceilingR 4 534.89

Registered against the title · 4

Bond, Standard Bank Of South Africa Ltd B108612/2005 R 97 166.00
Interdict I-1362/2023AT
Interdict I-788/2007AT
Interdict I-1179/2017AT
!3 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 15

Market value
R 32 937.50
R 228.73 per m², median
Last sold
R 95 000.00
2005/05/05

= Consistent with its own 2005 sale of R 95 000.00, at -4.9% a year over 21.2 years.

ErfPer m²PriceSize AwaySold
Erf 23893 R 82 R 11 820 144 99 1989
Erf 23530 R 89 R 12 870 144 97 1993
Erf 23537 R 105 R 12 555 120 56 1989
Erf 21925 R 171 R 20 393 119 163 2015
Erf 23897 R 222 R 31 978 144 117 2023
Erf 23624 R 235 R 33 897 144 155 2024
Erf 23596 R 249 R 35 797 144 63 2025
Erf 21858 R 263 R 33 870 129 188 2024
Erf 23724 R 295 R 35 360 120 160 2025
Erf 23558 R 899 R 140 289 156 64 2026
Erf 21902 out R 1 841 R 261 364 142 162 2025
Erf 21869 out R 3 417 R 680 000 199 139 2025
Erf 23500 out R 3 604 R 519 000 144 133 2025
Erf 23507 out R 4 514 R 650 000 144 128 2026
Erf 23592 out R 6 250 R 750 000 120 39 2025

10 nearby sales, sold 1989 to 2026; 5 excluded as outliers. The 5 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 11 820.00 and R 129 497.54. 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 · 8

Case number4488/2022
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 R57300 in its place.
!the lowest bid this sale permits, R382000, is already above the R0 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 10 nearby sales, sold 1989 to 2026; 5 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: STRAUSS DALY INC. ((021) 410 2200). This is the practical route to an arrears figure before auction day.

Keep this one Favourites hold a shortlist, not a decision