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

423729 · 3 Bedroom House with Outbuilding and Carport on 900sqm Erf

Westridge - 68 Rif Road

improved 3 bed 900 m² ? 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 54 118 balance R 328 831 by 24 Aug 2026
All-in cost R 407 949 to R 1 217 893 at full provisions
Discount to market 0.0% value R 1 217 893
Gross yield market reference 10.9%

The money ladder · bid basis: anchored

Bid band (anchored) R 365 368 – R 960 745
All-in ceiling R 1 217 893
Walk-away price R 960 745
Market value R 1 217 893

Firm cost at the bid floor · R 407 949

Bid price R 365 368
Sheriff's commission, incl VAT R 17 581
Transfer duty R 0
Conveyancing R 25 000
Firm cost per m² R 453
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 walk away · pass ? market · review

Registered transfers nearby · 15 within 294 m

market value R 1 217 893 R 1 300 000 · 46 m · 2023 R 1 150 000 · 109 m · 2024 R 1 650 000 · 159 m · 2024 R 1 080 000 · 168 m · 2024 R 1 300 000 · 210 m · 2024 R 1 850 000 · 215 m · 2025 R 1 400 000 · 221 m · 2025 R 780 000 · 237 m · 2024 R 1 050 000 · 264 m · 2025 R 950 000 · 268 m · 2025 R 1 020 000 · 268 m · 2025 R 700 000 · 268 m · 2024 R 1 150 000 · 271 m · 2023 R 200 000 · 272 m · 2025 R 1 395 000 · 294 m · 2025 0 m 294 m

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

Houses in this suburb · average sale price by year

2019: R 1 340 000 across 61 sales 2020: R 1 300 000 across 45 sales 2021: R 1 475 000 across 49 sales 2022: R 1 450 000 across 43 sales 2023: R 1 700 000 across 37 sales 2024: R 1 325 000 across 28 sales 2025: R 1 490 000 across 46 sales R 1 340 000 R 1 490 000 2019 2025

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

Provenance

Oldest bond registered2020
The firm's live book17 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 R54805 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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