Bank repossessed properties are properties owned by the bank after the borrower defaulted on their home loan repayments.
Property Type | Properties for Sale | Average Bedrooms | Average Sale Price |
---|---|---|---|
Houses | 42 | 3 | R 1,180,000 |
Sectional Title | 15 | 2 | R 820,000 |
Apartments | 4 | 3 | R 1,770,000 |
Farms/Smallholdings | 3 | 2 | R 590,000 |
Vacant Land | 2 | R 240,000 |