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

423630 · 3 Bedroom Family Home with Flatlet

South Hills - 15 Tweeling Street

improved 3 bed 476 m² excluded 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 117 600 balance R 810 000 by 25 Aug 2026
All-in cost R 967 600 to R 1 247 652 at full provisions
Discount to market -51.1% value R 825 868
Gross yield market reference 10.9%

The money ladder · bid basis: reserve

Bid band (reserve) R 900 000 – R 990 000
All-in ceiling R 1 247 652
Walk-away price R 575 367
Market value R 825 868

Firm cost at the bid floor · R 967 600

Bid price R 900 000
Sheriff's commission, incl VAT R 27 600
Transfer duty R 0
Conveyancing R 40 000
Firm cost per m² R 2 033
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 · fail ? market · review

Registered transfers nearby · 15 within 304 m

market value R 825 868 R 900 000 · 99 m · 2023 R 1 400 000 · 104 m · 2025 R 980 000 · 119 m · 2025 R 600 000 · 121 m · 2021 R 930 000 · 124 m · 2024 R 950 000 · 175 m · 2024 R 700 000 · 218 m · 2018 R 870 000 · 252 m · 2025 R 1 400 000 · 252 m · 2024 R 1 300 000 · 258 m · 2025 R 965 000 · 284 m · 2025 R 1 450 000 · 285 m · 2025 R 1 100 000 · 285 m · 2025 R 253 031 · 293 m · 2026 R 1 125 000 · 304 m · 2025 0 m 304 m

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

Houses in this suburb · average sale price by year

2019: R 750 000 across 49 sales 2020: R 750 000 across 45 sales 2021: R 800 000 across 62 sales 2022: R 925 000 across 85 sales 2023: R 980 000 across 76 sales 2024: R 970 000 across 52 sales 2025: R 972 500 across 50 sales R 750 000 R 972 500 2019 2025

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

Provenance

Case opened2024
Oldest bond registered2022
The firm's live book17 sales in this census

Warnings · 4

  • 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 R135000 in its place.
  • the lowest bid this sale permits, R900000, is already above the R575367 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. 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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