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

423742 · 3 Bedroom House with Double Garage

Emalahleni - 305 Geranium Street

improved 3 bed 393 m² excluded confidence low

The auction

When 5 Aug 2026 Wednesday · 2 lead days
Held by Sheriff Emalahleni Mpumalanga
Where Not re-read yet the venue is on the notice and the source's page
Cash on auction day R 110 700 balance R 450 000 by 26 Aug 2026
All-in cost R 545 700 to R 800 062 at full provisions
Discount to market -28.4% value R 623 273
Gross yield market reference 10.9%

The money ladder · bid basis: reserve

Bid band (reserve) R 500 000 – R 550 000
All-in ceiling R 800 062
Walk-away price R 391 154
Market value R 623 273

Firm cost at the bid floor · R 545 700

Bid price R 500 000
Sheriff's commission, incl VAT R 20 700
Transfer duty R 0
Conveyancing R 25 000
Firm cost per m² R 1 389
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 · fail ? market · review

Registered transfers nearby · 15 within 239 m

market value R 623 273 R 700 000 · 25 m · 2024 R 550 000 · 42 m · 2025 R 633 320 · 47 m · 2025 R 600 000 · 92 m · 2024 R 560 000 · 93 m · 2023 R 649 000 · 102 m · 2024 R 800 000 · 106 m · 2026 R 800 000 · 120 m · 2025 R 760 000 · 120 m · 2024 R 970 000 · 149 m · 2024 R 650 000 · 178 m · 2025 R 740 000 · 189 m · 2024 R 650 000 · 208 m · 2026 R 500 000 · 239 m · 2025 R 810 000 · 239 m · 2025 0 m 239 m

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

Houses in this suburb · average sale price by year

2019: R 817 500 across 8 sales 2020: R 770 000 across 16 sales 2021: R 550 000 across 10 sales 2022: R 430 000 across 3 sales 2023: R 550 000 across 10 sales 2024: R 670 000 across 10 sales 2025: R 740 000 across 19 sales R 817 500 R 740 000 2019 2025

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

Provenance

Oldest bond registered2011
The firm's live book2 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 R75000 in its place.
  • the lowest bid this sale permits, R500000, is already above the R391154 walk-away price - no bid in the band recovers its own cost against modelled value, so this cannot alert whatever the rent turns out to be

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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