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

425141 · 3 Bedroom House with Outbuilding

Primrose - 44 Primula Road

improved 3 bed 991 m² excluded confidence low 3 same hammer

The auction

When 5 Aug 2026 Wednesday · 2 lead days
Held by Sheriff Germiston North Gauteng
Where Not re-read yet the venue is on the notice and the source's page
Cash on auction day R 141 050 balance R 990 000 by 26 Aug 2026
All-in cost R 1 191 050 to R 1 491 448 at full provisions
Discount to market -29.9% value R 1 148 369
Gross yield market reference 10.9%

The money ladder · bid basis: reserve

Bid band (reserve) R 1 100 000 – R 1 210 000
All-in ceiling R 1 491 448
Walk-away price R 892 400
Market value R 1 148 369

Firm cost at the bid floor · R 1 191 050

Bid price R 1 100 000
Sheriff's commission, incl VAT R 31 050
Transfer duty R 0
Conveyancing R 60 000
Firm cost per m² R 1 202
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 176 m

market value R 1 148 369 R 1 080 000 · 60 m · 2025 R 900 000 · 115 m · 2025 R 1 495 000 · 115 m · 2025 R 1 080 000 · 129 m · 2025 R 900 000 · 129 m · 2025 R 2 000 000 · 130 m · 2025 R 550 000 · 132 m · 2024 R 1 460 000 · 135 m · 2024 R 900 000 · 136 m · 2024 R 1 400 000 · 162 m · 2025 R 450 000 · 176 m · 2026 R 525 000 · 176 m · 2025 R 790 000 · 176 m · 2024 R 400 000 · 176 m · 2023 R 575 000 · 176 m · 2025 0 m 176 m

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

Houses in this suburb · average sale price by year

2019: R 900 000 across 178 sales 2020: R 950 000 across 151 sales 2021: R 1 150 000 across 221 sales 2022: R 1 200 000 across 136 sales 2023: R 1 200 000 across 167 sales 2024: R 1 250 000 across 141 sales 2025: R 1 200 000 across 161 sales R 900 000 R 1 200 000 2019 2025

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

Provenance

Case opened2024
Oldest bond registered2019
The firm's live book4 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 R165000 in its place.
  • the lowest bid this sale permits, R1100000, is already above the R892400 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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