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 |
---|---|---|---|
Sectional Title | 16 | 2 | R 940,000 |
Apartments | 3 | 3 | R 2,280,000 |
Houses | 45 | 3 | R 1,270,000 |
Farms/Smallholdings | 3 | 2 | R 650,000 |
Vacant Land | 2 | R 240,000 |