Property
South Africa

3

Beds

1

Baths

210 m²

Floor area

House 3 beds 1 bath 210 m²

About this property

A great opportunity to buy your dream home. This 3-bedroom, 1-bathroom house is offered with the possibility of government subsidy qualification (1st Home, previously FLISP). Eligible buyers earning a basic salary of R3,501 to R22,000 may qualify for subsidies ranging from R38,911 to R169,265 to cover transfer costs, bond costs, or deposit. Original price R619,000; available from R559,000 with subsidy. Requirements: minimum one dependent, first-time buyer, South African citizen.

Rooms & layout

Bedroom × 3
Bathroom

Features & amenities

Subsidy eligibleFirst time buyerFlisp

Price & ownership

Asking price R 600 000
Price per m² R 2 857
Municipal valuation -

Cost to buy (indicative)

Purchase type is not confirmed below. Transfer duty is estimated for a standard resale (not a VAT-inclusive developer or vendor sale). Check with the agent.

Upfront split

Property price R 600K
Taxes + legal + admin fees R 16,4K

Rough split: 97.3% purchase price, 2.7% buying costs.

  • Asking price R 600 000
  • Deeds Office (transfer) R 521
  • Conveyancing (est., incl. VAT) R 15 870
  • Deeds lodgement R 52
  • Total indicative R 616 443

Estimates from SARS transfer duty tables, Deeds Office–style fees, and LSSA conveyancing guidelines. Not financial or legal advice. Confirm with your attorney. Duty uses the higher of price or market value.

Table ref: sars_2025-04-01

Bond Calculator

R 5 666 /month

Total paid over 20 years (deposit + repayments): R 1 419 836

Deposit 10% · R 60 000
Loan term 20 years
5 yr 30 yr
Interest rate 11.25% p.a.
5% Prime ~11.25% 20%

Monthly repayment vs interest rate (deposit fixed at 10%)

Monthly repayment vs deposit percentage (rate fixed at 11.25%)

Indicative estimate only. Loan of R 540 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 600 000