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

423634 · 2 Bedroom Apartment in Corfu SS

Amberfield Glen, Unit 22 Corfu - 11 Sooty Street

improved 2 bed 106 m² sectional / HOA ? review confidence low

The auction

When 3 Aug 2026 Monday · 0 lead days
Held by Sheriff Centurion West Gauteng
Where Not re-read yet the venue is on the notice and the source's page
Cash on auction day R 8 450 balance R 45 000 by 24 Aug 2026
All-in cost R 78 450 to R 794 200 at full provisions
Discount to market 67.6% value R 2 450 251
Gross yield market reference 10.9%

The money ladder · bid basis: band

Bid band (band) R 50 000 – R 500 000
All-in ceiling R 794 200
Market value R 2 450 251

Firm cost at the bid floor · R 78 450

Bid price R 50 000
Sheriff's commission, incl VAT R 3 450
Transfer duty R 0
Conveyancing R 25 000
Firm cost per m² R 740
Sheriff's commission, incl VAT
Transfer duty
Conveyancing

Provisions, floor to ceiling · R 4 500 – R 248 500

Municipal arrears R 80 000
Remediation R 50 000
Levy arrears R 60 000
Eviction R 45 000
Holding cost R 13 500

Evaluation states

reserve · no reserve size · pass ? walk away · review ? market · review

Registered transfers nearby · 15 within 145 m

market value R 2 450 251 R 1 700 000 · 0 m · 2026 R 1 535 000 · 0 m · 2025 R 1 725 000 · 32 m · 2025 R 3 030 000 · 45 m · 2025 R 2 445 000 · 45 m · 2025 R 2 795 000 · 54 m · 2025 R 3 625 000 · 56 m · 2026 R 3 125 000 · 58 m · 2025 R 4 900 000 · 62 m · 2025 R 3 550 000 · 82 m · 2025 R 2 350 000 · 82 m · 2025 R 1 800 000 · 124 m · 2025 R 2 100 000 · 143 m · 2026 R 1 320 000 · 143 m · 2026 R 1 225 000 · 145 m · 2026 0 m 145 m

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

Apartments in this suburb · average sale price by year

2019: R 1 750 000 across 7 sales 2020: R 1 655 000 across 8 sales 2021: R 1 685 000 across 11 sales 2022: R 2 095 000 across 17 sales 2023: R 1 950 000 across 14 sales 2024: R 1 897 500 across 26 sales 2025: R 2 147 500 across 14 sales R 1 750 000 R 2 147 500 2019 2025

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

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 R7500 in its place.
  • market value disagrees with this property's own last sale - this value implies +39.4% a year against its own 2012 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. 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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