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

425149 · 2 Bedroom House with Outbuilding

Vanderbijlpark C. W. 5 - 46 Parsons Street

improved 2 bed 635 m² ? review confidence low bond 20062 bonds

The auction

When 7 Aug 2026 Friday · 4 lead days
Held by Sheriff Vanderbijlpark Gauteng
Where Not re-read yet the venue is on the notice and the source's page
Cash on auction day R 48 456 balance R 292 500 by 28 Aug 2026
All-in cost R 365 956 to R 588 264 at full provisions
Discount to market 24.5% value R 779 096
Gross yield market reference 10.9%

The money ladder · bid basis: reserve

Bid band (reserve) R 325 000 – R 357 500
All-in ceiling R 588 264
Walk-away price R 529 389
Market value R 779 096

Firm cost at the bid floor · R 365 956

Bid price R 325 000
Sheriff's commission, incl VAT R 15 956
Transfer duty R 0
Conveyancing R 25 000
Firm cost per m² R 576
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 297 m

market value R 779 096 R 570 000 · 87 m · 2025 R 870 000 · 87 m · 2025 R 780 000 · 133 m · 2024 R 470 000 · 133 m · 2024 R 815 000 · 139 m · 2024 R 830 000 · 150 m · 2026 R 226 965 · 155 m · 2026 R 660 000 · 164 m · 2025 R 620 000 · 172 m · 2025 R 1 032 000 · 172 m · 2025 R 820 000 · 185 m · 2024 R 900 000 · 236 m · 2026 R 860 000 · 258 m · 2025 R 575 000 · 258 m · 2025 R 1 060 000 · 297 m · 2025 0 m 297 m

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

Houses in this suburb · average sale price by year

2019: R 590 000 across 30 sales 2020: R 555 000 across 24 sales 2021: R 640 000 across 49 sales 2022: R 715 000 across 37 sales 2023: R 690 000 across 40 sales 2024: R 730 000 across 22 sales 2025: R 700 000 across 37 sales R 590 000 R 700 000 2019 2025

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

Provenance

Oldest bond registered2006
Reserve is rand-exactR 325 000.00

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 R48750 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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