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

423687 · 4 Bedroom Home with Outbuilding

South Hills - 25 Holmdene Road

improved 4 bed 495 m² ? review confidence low 1% deposit2 same hammer

The auction

When 4 Aug 2026 Tuesday · 1 lead day
Held by Sheriff Johannesburg East Gauteng
Where 61 VAN RIEBEECK STREET, ALBERTON In pursuance of a judgment granted by this Honourable Court on 26 May 2025 as the notice recites it
Cash on auction day R 22 975 balance R 396 000 by 25 Aug 2026
All-in cost R 443 975 to R 673 165 at full provisions
Discount to market 21.1% value R 853 276
Gross yield market reference 10.9%

The money ladder · bid basis: reserve

Bid band (reserve) R 400 000 – R 440 000
All-in ceiling R 673 165
Market value R 853 276

Firm cost at the bid floor · R 443 975

Bid price R 400 000
Sheriff's commission, incl VAT R 18 975
Transfer duty R 0
Conveyancing R 25 000
Firm cost per m² R 897
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 · review ? market · review

Registered transfers nearby · 15 within 182 m

market value R 853 276 R 1 395 000 · 58 m · 2026 R 1 000 000 · 58 m · 2026 R 890 000 · 63 m · 2024 R 1 500 000 · 63 m · 2024 R 810 000 · 85 m · 2024 R 1 350 000 · 85 m · 2024 R 900 000 · 99 m · 2025 R 1 350 000 · 101 m · 2026 R 1 350 000 · 113 m · 2025 R 650 000 · 113 m · 2026 R 1 450 000 · 120 m · 2024 R 550 000 · 120 m · 2024 R 820 000 · 147 m · 2025 R 840 000 · 163 m · 2025 R 300 000 · 182 m · 2025 0 m 182 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

Oldest bond registered2024
The firm's live book9 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 R60000 in its place.
  • market value disagrees with this property's own last sale - this value implies -25.3% a year against its own 2023 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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