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

423664 · 2 Bedroom House with Outbuilding and Garages

Cresslawn - 12 Gemsbok Street

improved 2 bed 449 m² ? review confidence low

The auction

When 6 Aug 2026 Thursday · 3 lead days
Held by Sheriff Kempton Park 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 27 Aug 2026
All-in cost R 78 450 to R 734 200 at full provisions
Discount to market no market value held
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 734 200

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 175
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 · no reserve size · pass ? market · review

Registered transfers nearby · 15 within 279 m

R 1 400 000 · 78 m · 2025 R 1 400 000 · 130 m · 2025 R 1 200 000 · 130 m · 2023 R 650 000 · 152 m · 2024 R 1 350 000 · 163 m · 2025 R 1 560 000 · 200 m · 2024 R 1 400 000 · 220 m · 2025 R 790 000 · 227 m · 2025 R 875 000 · 227 m · 2025 R 1 380 000 · 231 m · 2025 R 2 074 000 · 236 m · 2025 R 320 000 · 252 m · 2026 R 340 000 · 252 m · 2025 R 320 000 · 252 m · 2025 R 700 000 · 279 m · 2024 0 m 279 m

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

Houses in this suburb · average sale price by year

2019: R 1 000 000 across 26 sales 2020: R 910 000 across 18 sales 2021: R 1 200 000 across 30 sales 2022: R 1 270 000 across 18 sales 2023: R 1 150 000 across 17 sales 2024: R 1 240 000 across 12 sales 2025: R 1 365 000 across 14 sales R 1 000 000 R 1 365 000 2019 2025

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

Provenance

Oldest bond registered2016
The firm's live book19 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 R7500 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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