PropertyLane Census 3 Aug 2026 Sign in
387 sales in execution 197 with a reserve 40 without one 8 provinces

Property report · census 3 Aug 2026

423607 · 3 Bedroom Family Home

The Hill - 61 Lebanon Road

improved 3 bed 714 m² ? review confidence low

The auction

When 4 Aug 2026 Tuesday · 1 lead day
Held by Sheriff Johannesburg East Gauteng
Where Not re-read yet the venue is on the notice and the source's page
Cash on auction day R 70 700 balance R 450 000 by 25 Aug 2026
All-in cost R 545 700 to R 810 062 at full provisions
Discount to market 41.5% value R 1 383 702
Gross yield market reference 10.9%

The money ladder · bid basis: reserve

Bid band (reserve) R 500 000 – R 550 000
All-in ceiling R 810 062
Walk-away price R 1 094 251
Market value R 1 383 702

Firm cost at the bid floor · R 545 700

Bid price R 500 000
Sheriff's commission, incl VAT R 20 700
Transfer duty R 0
Conveyancing R 25 000
Firm cost per m² R 764
Sheriff's commission, incl VAT
Transfer duty
Conveyancing

Provisions, floor to ceiling · R 4 500 – R 198 500

Municipal arrears aged R 90 000
Remediation R 50 000
Eviction R 45 000
Holding cost R 13 500

Evaluation states

reserve · pass size · pass walk away · pass ? market · review

Registered transfers nearby · 15 within 215 m

market value R 1 383 702 R 1 100 000 · 59 m · 2024 R 2 500 000 · 68 m · 2025 R 1 375 000 · 94 m · 2025 R 1 850 000 · 96 m · 2024 R 1 300 000 · 102 m · 2025 R 1 050 000 · 102 m · 2025 R 1 600 000 · 117 m · 2026 R 1 650 000 · 129 m · 2026 R 1 550 000 · 138 m · 2026 R 1 550 000 · 142 m · 2026 R 1 200 000 · 142 m · 2025 R 1 100 000 · 142 m · 2025 R 1 056 000 · 192 m · 2023 R 1 950 000 · 203 m · 2025 R 1 700 000 · 215 m · 2025 0 m 215 m

Each dot is a registered transfer: nearer is left, dearer is up.

Houses in this suburb · average sale price by year

2019: R 1 250 000 across 67 sales 2020: R 1 250 000 across 60 sales 2021: R 1 450 000 across 78 sales 2022: R 1 450 000 across 69 sales 2023: R 1 425 000 across 61 sales 2024: R 1 500 000 across 33 sales 2025: R 1 280 000 across 56 sales R 1 250 000 R 1 280 000 2019 2025

Suburb context only — it corroborates a value and never produces one.

Provenance

Case opened2023
Oldest bond registered2021
The firm's live book12 sales in this census

Warnings · 4

  • conveyancing_bands
  • commission scale not recited in the notice - configured fallback used
  • the municipal arrears ceiling is aged to the 2023-opened case: R90000 against the R80000 base, at R30000 a judgment-year capped at R240000 - unconfirmed model parameters, and still a provision, not a quote
  • 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 R75000 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. Assumptions version 3. Modelled from the census of 3 Aug 2026; nothing here is a valuation of a property nobody has inspected.

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