3
Beds
1
Baths
180 m²
Floor area
About this property
Government Subsidy Opportunity
A great opportunity not to miss. You could qualify to buy your dream home with government subsidy assistance through the 1st Home scheme (previously known as FLISP).
Subsidy Details
- Subsidy amount: R38,911 up to R169,265 to cover transfer and bond costs or deposit
- Salary requirement: Minimum basic salary of R3,501 up to R22,000 (including housing-related income)
Eligibility Requirements
- At least one dependent
- First-time buyer status
- South African citizenship
Property Details
This 3-bedroom property is listed at R569,000, with FLISP pricing starting from R489,000 for 2-bedroom options and R559,000 for 3-bedroom options.
Rooms & layout
Features & amenities
Price & ownership
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
Rough split: 97.2% purchase price, 2.8% buying costs.
- Asking price R 550 000
- Deeds Office (transfer) R 478
- Conveyancing (est., incl. VAT) R 15 122
- Deeds lodgement R 52
- Total indicative R 565 652
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
Total paid over 20 years (deposit + repayments): R 1 301 516
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 495 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.