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

423615 · 5 Bedroom Family Home

Cosmo City - 12 Pennysylvania Close

improved 5 bed 840 m² ? review confidence low

The auction

When 4 Aug 2026 Tuesday · 1 lead day
Held by Sheriff Halfway House Gauteng
Where Not re-read yet the venue is on the notice and the source's page
Cash on auction day R 100 012 balance R 675 000 by 25 Aug 2026
All-in cost R 815 012 to R 1 079 806 at full provisions
Discount to market 42.7% value R 1 884 160
Gross yield market reference 10.9%

The money ladder · bid basis: reserve

Bid band (reserve) R 750 000 – R 825 000
All-in ceiling R 1 079 806
Walk-away price R 1 584 994
Market value R 1 884 160

Firm cost at the bid floor · R 815 012

Bid price R 750 000
Sheriff's commission, incl VAT R 25 012
Transfer duty R 0
Conveyancing R 40 000
Firm cost per m² R 970
Sheriff's commission, incl VAT
Transfer duty
Conveyancing

Provisions, floor to ceiling · R 4 500 – R 188 500

Municipal arrears R 80 000
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 317 m

market value R 1 884 160 R 1 800 000 · 26 m · 2024 R 1 390 000 · 49 m · 2023 R 750 000 · 99 m · 2023 R 400 000 · 122 m · 2024 R 1 230 000 · 139 m · 2024 R 1 250 000 · 175 m · 2025 R 614 000 · 186 m · 2025 R 211 000 · 196 m · 2023 R 970 000 · 196 m · 2025 R 1 150 000 · 240 m · 2025 R 1 950 000 · 258 m · 2025 R 1 250 000 · 260 m · 2025 R 1 300 000 · 267 m · 2024 R 870 000 · 296 m · 2025 R 1 060 000 · 317 m · 2026 0 m 317 m

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

Houses in this suburb · average sale price by year

2019: R 680 000 across 294 sales 2020: R 749 500 across 272 sales 2021: R 834 500 across 366 sales 2022: R 849 500 across 342 sales 2023: R 850 000 across 280 sales 2024: R 860 000 across 294 sales 2025: R 850 000 across 265 sales R 680 000 R 850 000 2019 2025

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

Provenance

Oldest bond registered2022
The firm's live book11 sales in this census

Warnings · 3

  • conveyancing_bands
  • 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 R112500 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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