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

425203 · Land with Agricultural Potential

Vryheid - 145 Kerk Street

vacant 1017 m² ? review confidence low only lot

The auction

When 6 Aug 2026 Thursday · 3 lead days
Held by Sheriff Vryheid KwaZulu-Natal
Where Not re-read yet the venue is on the notice and the source's page
Cash on auction day R 18 450 balance R 45 000 by 27 Aug 2026
All-in cost R 78 450 to R 734 200 at full provisions
Discount to market 36.1% value R 1 149 790
Gross yield market reference 10.9%

The money ladder · bid basis: band

Bid band (band) R 50 000 – R 500 000
All-in ceiling R 734 200
Market value R 1 149 790

Firm cost at the bid floor · R 78 450

Bid price R 50 000
Sheriff's commission, incl VAT R 3 450
Transfer duty R 0
Conveyancing R 25 000
Firm cost per m² R 77
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 · no reserve size · pass ? walk away · review ? market · review

Registered transfers nearby · 15 within 344 m

market value R 1 149 790 R 2 000 000 · 0 m · 2023 R 1 000 000 · 118 m · 2025 R 750 000 · 165 m · 2024 R 700 000 · 185 m · 2023 R 2 200 000 · 205 m · 2023 R 1 000 000 · 212 m · 2023 R 1 500 000 · 226 m · 2025 R 3 500 000 · 252 m · 2024 R 3 500 000 · 269 m · 2024 R 980 000 · 275 m · 2025 R 407 000 · 275 m · 2024 R 850 000 · 275 m · 2024 R 560 000 · 275 m · 2020 R 1 500 000 · 332 m · 2026 R 1 100 000 · 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 550 000 across 258 sales 2020: R 760 000 across 184 sales 2021: R 802 500 across 228 sales 2022: R 720 000 across 247 sales 2023: R 745 000 across 186 sales 2024: R 650 000 across 183 sales 2025: R 280 000 across 259 sales R 550 000 R 280 000 2019 2025

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

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 R7500 in its place.
  • market value disagrees with this property's own last sale - this value implies -18.1% a year against its own 2023 sale, outside the -10% to +18% the rest of the census shows

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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