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

425145 · 4 Bedroom Family Home with Garages

Gallo Manor - 3 Steenbras Street

improved 4 bed 1280 m² ? review confidence low

The auction

When 11 Aug 2026 Tuesday · 8 lead days
Held by Sheriff Sandton South Gauteng
Where Not re-read yet the venue is on the notice and the source's page
Cash on auction day R 117 600 balance R 810 000 by 1 Sep 2026
All-in cost R 967 600 to R 1 247 652 at full provisions
Discount to market 44.7% value R 2 256 190
Gross yield market reference 10.9%

The money ladder · bid basis: reserve

Bid band (reserve) R 900 000 – R 990 000
All-in ceiling R 1 247 652
Walk-away price R 1 932 540
Market value R 2 256 190

Firm cost at the bid floor · R 967 600

Bid price R 900 000
Sheriff's commission, incl VAT R 27 600
Transfer duty R 0
Conveyancing R 40 000
Firm cost per m² R 756
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 290 m

market value R 2 256 190 R 2 700 000 · 56 m · 2025 R 2 350 000 · 93 m · 2025 R 1 950 000 · 119 m · 2024 R 3 295 000 · 129 m · 2025 R 1 000 000 · 135 m · 2024 R 1 700 000 · 135 m · 2023 R 2 650 000 · 172 m · 2025 R 1 650 000 · 181 m · 2025 R 1 675 000 · 181 m · 2025 R 1 830 000 · 181 m · 2024 R 1 800 000 · 201 m · 2025 R 2 350 000 · 202 m · 2026 R 3 350 000 · 215 m · 2025 R 1 699 000 · 266 m · 2025 R 3 350 000 · 290 m · 2025 0 m 290 m

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

Houses in this suburb · average sale price by year

2019: R 2 450 000 across 43 sales 2020: R 2 700 000 across 43 sales 2021: R 2 500 000 across 51 sales 2022: R 2 700 000 across 44 sales 2023: R 2 715 000 across 40 sales 2024: R 2 725 000 across 38 sales 2025: R 2 800 000 across 51 sales R 2 450 000 R 2 800 000 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 (9) 428 m · 1.9 min
Grocery (38) 932 m · 6.6 min
Healthcare (9) 851 m · 2.8 min

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

Provenance

Case opened2024
Oldest bond registered2022
The firm's live book13 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 R135000 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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