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 | 40 | 2 | R 1,140,000 |
Sectional Title | 13 | 2 | R 1,010,000 |
Apartments | 3 | 3 | R 1,680,000 |
Farms/Smallholdings | 3 | 2 | R 590,000 |
Property | 2 | 3 | R 630,000 |