5 Bedroom House with Outbuilding
425211 · Durban South · Isipingo Hills · 5 bed · 1318 m² · freehold · auction 6 Aug 2026
Auction details
| Auction date | 6 Aug 2026 |
| Auction venue | ACTING SHERIFFDURBAN SOUTH, UNIT 1/2 ELATION HOUSE |
| Held by | Sheriff Durban South |
Value indicators
| Last sold price | R 700 000.00 |
| Sale date | 2010/02/15 |
Walk away above R 987 875.00 Bid more than this and the all-in cost, provisions at full, passes what the property is worth. It is a ceiling on the bid, not a forecast of it, and it moves with the provisions.
Firm, figures that exist
| Bid price, opening, anchored to market value | R 373 647.26 |
| Sheriff's commission | R 15 577.65 |
| Commission VAT rate unconfirmed, as at 2025-05-01 | R 2 336.65 |
| Transfer duty | R 0.00 |
| Conveyancing and transfer placeholder tariff, nobody has confirmed it | R 25 000.00 |
| Firm cost | R 416 561.56 |
Provisioned, bounded and never quoted
| Municipal arrears | R 0.00 – R 80 000.00 |
| Remediation | R 0.00 – R 50 000.00 |
| Eviction | R 0.00 – R 45 000.00 |
| Holding cost | R 4 500.00 – R 13 500.00 |
| Provisioned range | R 4 500.00 – R 188 500.00 |
Cash
| On auction day | R 70 279.03 |
| Balance by 27 Aug 2026 | R 336 282.53 |
| All-in, floor to ceiling | R 416 561.56 – R 1 245 490.85 |
| All-in per m² at the ceiling | R 944.99 |
Registered against the title · 1
| Bond, Absa Bank Ltd B16755/2010 | R 630 000.00 |
Nearby sales · 10 used of 15
= Consistent with its own 2010 sale of R 700 000.00, at 3.6% a year over 16.5 years.
All 15 nearby sales exact records
| Erf | Per m² | Price | Size | Away | Sold |
|---|---|---|---|---|---|
| Erf 1051 | R 0 | R 1 150 000 | 9310000 | 230 | 2025 |
| Erf 2396 | R 102 | R 140 000 | 1369 | 279 | 2020 |
| Erf 2412 | R 532 | R 700 000 | 1315 | 18 | 2025 |
| Erf 2161 | R 550 | R 1 500 000 | 2726 | 195 | 2024 |
| Erf 2424 | R 696 | R 4 100 000 | 5887 | 228 | 2024 |
| Erf 2425 | R 699 | R 4 180 000 | 5976 | 218 | 2024 |
| Erf 40 | R 721 | R 730 000 | 1012 | 216 | 2024 |
| Erf 2169 | R 748 | R 925 000 | 1237 | 87 | 2022 |
| Erf 2161 | R 917 | R 2 500 000 | 2726 | 195 | 2024 |
| Erf 1706 | R 921 | R 900 000 | 977 | 301 | 2025 |
| Erf 1684 | R 969 | R 900 000 | 929 | 267 | 2026 |
| Erf 2399 | R 1 004 | R 1 000 000 | 996 | 250 | 2020 |
| Erf 37 | R 1 135 | R 1 150 000 | 1013 | 250 | 2024 |
| Erf 1053 | R 1 182 | R 1 100 000 | 931 | 223 | 2025 |
| Erf 1056 | R 1 182 | R 1 100 000 | 931 | 223 | 2024 |
10 nearby sales, sold 2020 to 2026. The median runs across the rest, and the rates they span put this erf between R 134 784.51 and R 1 557 250.27. Sizes are in m² and distances in metres. Evidence about the area, not a valuation of this property, which nobody has inspected.
Recited by the notice · 8
| Registration to bid, refundable | R 15 000.00 |
| Evidence read | 2026-07-31 |
Flags · 3
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.
Market value is derived from 10 nearby sales, sold 2020 to 2026, at the median of rate per square metre. It is evidence about the area, not a valuation of this property, which nobody has inspected.
Attorneys for the execution creditor: Strauss Daly Attorneys (0315705600). This is the practical route to an arrears figure before auction day.