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

423744 · 2 Bedroom House with 18 Rooms and 4 Garages

Wolmaranstad - 12 Kluever Street

improved 2 bed 2855 m² excluded confidence low only lot

The auction

When 5 Aug 2026 Wednesday · 2 lead days
Held by Sheriff Wolmaransstad North West
Where WOLMARANSSTAD: ERASMUSBUILDING, 26 KRUGER STREET as the notice recites it
Cash on auction day R 80 080 balance R 522 000 by 26 Aug 2026
All-in cost R 642 080 to R 889 580 at full provisions
Discount to market -25.8% value R 707 384
Gross yield market reference 10.9%

The money ladder · bid basis: reserve

Bid band (reserve) R 580 000 – R 638 000
All-in ceiling R 889 580
Walk-away price R 473 638
Market value R 707 384

Firm cost at the bid floor · R 642 080

Bid price R 580 000
Sheriff's commission, incl VAT R 22 080
Transfer duty R 0
Conveyancing R 40 000
Firm cost per m² R 225
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 578 m

market value R 707 384 R 500 000 · 110 m · 2025 R 350 000 · 140 m · 2024 R 332 500 · 170 m · 2026 R 150 000 · 178 m · 2023 R 500 000 · 254 m · 2022 R 17 885 000 · 284 m · 2025 R 1 800 000 · 284 m · 2022 R 750 000 · 294 m · 2025 R 300 000 · 309 m · 2025 R 370 000 · 315 m · 2023 R 820 000 · 328 m · 2025 R 450 000 · 329 m · 2024 R 600 000 · 461 m · 2024 R 350 000 · 523 m · 2024 R 350 000 · 578 m · 2025 0 m 578 m

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

Houses in this suburb · average sale price by year

2019: R 450 000 across 45 sales 2020: R 195 000 across 36 sales 2021: R 1 across 118 sales 2022: R 1 across 537 sales 2023: R 1 across 319 sales 2024: R 370 000 across 49 sales 2025: R 410 000 across 43 sales R 450 000 R 410 000 2019 2025

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

Provenance

Case opened2024
Oldest bond registered2010
The firm's live book19 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 R87000 in its place.
  • the lowest bid this sale permits, R580000, is already above the R473638 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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