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 property is available for purchase. With the 1st Home subsidy programme (previously known as FLISP), first-time buyers earning a minimum basic salary of R3,501 up to R22,000 could qualify for a subsidy of R38,911 up to R169,265 to cover transfer and bond costs or deposit. Minimum requirements: at least one or more dependents, first-time buyer status, and South African citizenship. Original price R619,000; with FLISP subsidy available from R559,000 for 3-bedroom properties.

Rooms & layout

Bedroom × 3
Bathroom

Price & ownership

Asking price R 690 000
Price per m² R 3 286
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 690K
Taxes + legal + admin fees R 17,9K

Rough split: 97.5% purchase price, 2.5% buying costs.

  • Asking price R 690 000
  • Deeds Office (transfer) R 600
  • Conveyancing (est., incl. VAT) R 17 216
  • Deeds lodgement R 52
  • Total indicative R 707 868

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 6 516 /month

Total paid over 20 years (deposit + repayments): R 1 632 811

Deposit 10% · R 69 000
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 621 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 690 000