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

425107 · 3 Bedroom House with Outbuildings and Lapa

Maraisburg - 25 2nd Avenue

improved 3 bed 832 m² ? review confidence low

The auction

When 14 Aug 2026 Friday · 11 lead days
Held by Sheriff Roodepoort North Gauteng
Where Not re-read yet the venue is on the notice and the source's page
Cash on auction day R 62 695 balance R 388 551 by 4 Sep 2026
All-in cost R 476 245 to R 708 662 at full provisions
Discount to market 15.5% value R 838 710
Gross yield market reference 10.9%

The money ladder · bid basis: reserve

Bid band (reserve) R 431 723 – R 474 895
All-in ceiling R 708 662
Walk-away price R 587 992
Market value R 838 710

Firm cost at the bid floor · R 476 245

Bid price R 431 723
Sheriff's commission, incl VAT R 19 522
Transfer duty R 0
Conveyancing R 25 000
Firm cost per m² R 572
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 · pass ? market · review

Registered transfers nearby · 15 within 344 m

market value R 838 710 R 950 000 · 55 m · 2023 R 850 000 · 55 m · 2023 R 1 250 000 · 88 m · 2025 R 1 130 000 · 88 m · 2025 R 1 200 000 · 101 m · 2025 R 800 000 · 200 m · 2024 R 1 150 000 · 200 m · 2023 R 2 000 000 · 264 m · 2025 R 1 200 000 · 285 m · 2025 R 1 000 000 · 300 m · 2025 R 1 160 000 · 310 m · 2025 R 850 000 · 331 m · 2025 R 1 440 000 · 339 m · 2025 R 760 000 · 344 m · 2025 R 900 000 · 344 m · 2025 0 m 344 m

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

Houses in this suburb · average sale price by year

2019: R 860 000 across 25 sales 2020: R 915 000 across 17 sales 2021: R 950 000 across 24 sales 2022: R 1 150 000 across 29 sales 2023: R 950 000 across 22 sales 2024: R 800 000 across 15 sales 2025: R 980 000 across 19 sales R 860 000 R 980 000 2019 2025

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

Around the property · City of Johannesburg, Gauteng

4 803 262people in the municipality
1 841 917households
89.82%formal dwellings
Education (20) 404 m · 0.6 min
Grocery (20) 388 m · 1.1 min
Healthcare (9) 1685 m · 4.7 min
Transport (5) 560 m · 3.1 min

Nearest of each kind within 3000 m; drive times where routed. Screening context, never a verdict input.

Provenance

Oldest bond registered2016
Reserve is rand-exactR 431 723.00
The firm's live book2 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 R64758 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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