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

423718 · 3 Bedroom Apartment in Beverly Heights

Umbilo, Unit 3 Beverley Heights - 79 Prospect Road

improved 3 bed 80 m² sectional / HOA ? review confidence low

The auction

When 3 Aug 2026 Monday · 0 lead days
Held by Sheriff Durban West KwaZulu-Natal
Where Not re-read yet the venue is on the notice and the source's page
Cash on auction day R 37 938 balance R 225 000 by 24 Aug 2026
All-in cost R 287 938 to R 562 444 at full provisions
Discount to market 2.5% value R 576 744
Gross yield market reference 10.9%

The money ladder · bid basis: reserve

Bid band (reserve) R 250 000 – R 275 000
All-in ceiling R 562 444
Walk-away price R 288 747
Market value R 576 744

Firm cost at the bid floor · R 287 938

Bid price R 250 000
Sheriff's commission, incl VAT R 12 938
Transfer duty R 0
Conveyancing R 25 000
Firm cost per m² R 3 599
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 · pass size · pass walk away · pass ? market · review

Registered transfers nearby · 15 within 182 m

market value R 576 744 R 660 000 · 52 m · 2026 R 310 000 · 81 m · 2025 R 310 000 · 81 m · 2025 R 945 000 · 83 m · 2025 R 385 000 · 98 m · 2025 R 620 000 · 98 m · 2025 R 600 000 · 98 m · 2024 R 780 000 · 104 m · 2024 R 550 000 · 126 m · 2024 R 1 250 000 · 151 m · 2026 R 950 000 · 151 m · 2026 R 630 000 · 158 m · 2025 R 900 000 · 167 m · 2025 R 1 100 000 · 176 m · 2026 R 1 300 000 · 182 m · 2025 0 m 182 m

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

Apartments in this suburb · average sale price by year

2019: R 500 000 across 80 sales 2020: R 535 000 across 73 sales 2021: R 579 750 across 68 sales 2022: R 600 000 across 77 sales 2023: R 640 000 across 56 sales 2024: R 490 000 across 66 sales 2025: R 489 500 across 74 sales R 500 000 R 489 500 2019 2025

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

Provenance

Oldest bond registered2015
The firm's live book13 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 R37500 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.

Full detail page Sign in to email this report