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

425231 · 4 Bedroom Family Home with Pool and Outbuilding

Constantia - 16 Resthaven Drive

improved 4 bed 1105 m² excluded confidence low

The auction

When 18 Aug 2026 Tuesday · 15 lead days
Held by Sheriff Wynberg South Western Cape
Where 3 Carr Hill Road, Wynberg as the notice recites it
Cash on auction day R 936 356 balance R 4 770 000 by 8 Sep 2026
All-in cost R 5 766 356 to R 6 583 156 at full provisions
Discount to market -14.4% value R 5 755 208
Gross yield market reference 10.9%

The money ladder · bid basis: reserve

Bid band (reserve) R 5 300 000 – R 5 830 000
All-in ceiling R 6 583 156
Walk-away price R 5 084 101
Market value R 5 755 208

Firm cost at the bid floor · R 5 766 356

Bid price R 5 300 000
Sheriff's commission, incl VAT R 46 000
Transfer duty R 360 356
Conveyancing R 60 000
Firm cost per m² R 5 218
Sheriff's commission, incl VAT
Transfer duty
Conveyancing

Provisions, floor to ceiling · R 4 500 – R 228 500

Municipal arrears aged R 120 000
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 276 m

market value R 5 755 208 R 5 795 000 · 76 m · 2023 R 6 450 000 · 120 m · 2024 R 6 250 000 · 167 m · 2024 R 6 495 000 · 195 m · 2025 R 6 495 000 · 202 m · 2024 R 4 850 000 · 213 m · 2025 R 4 500 000 · 213 m · 2024 R 5 500 000 · 214 m · 2024 R 6 200 000 · 229 m · 2025 R 4 200 000 · 236 m · 2024 R 4 600 000 · 252 m · 2025 R 3 800 000 · 265 m · 2025 R 5 200 000 · 272 m · 2025 R 6 300 000 · 274 m · 2023 R 4 800 000 · 276 m · 2025 0 m 276 m

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

Houses in this suburb · average sale price by year

2019: R 4 550 000 across 8 sales 2020: R 4 000 000 across 15 sales 2021: R 4 262 500 across 16 sales 2022: R 4 525 000 across 18 sales 2023: R 4 995 000 across 19 sales 2024: R 4 700 000 across 7 sales 2025: R 6 300 000 across 11 sales R 4 550 000 R 6 300 000 2019 2025

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

Provenance

Case opened2022
Oldest bond registered2018
The firm's live book2 sales in this census

Warnings · 5

  • conveyancing_bands
  • commission scale not recited in the notice - configured fallback used
  • the municipal arrears ceiling is aged to the 2022-opened case: R120000 against the R80000 base, at R30000 a judgment-year capped at R240000 - unconfirmed model parameters, and still a provision, not a quote
  • VAT status is not recited, and notices do not state it: modelled as a transfer-duty sale at R360356. Were the execution debtor a registered VAT vendor, VAT on the same bid would be R795000 in its place.
  • the lowest bid this sale permits, R5300000, is already above the R5084101 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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