Despite predicted Queensland pick up, top five properties discounted by 26% plus

Despite predicted Queensland pick up, top five properties discounted by 26% plus
Jennifer DukeOctober 14, 2014

A pick up in Queensland is being widely predicted, and SQM Research’s Louis Christopher expects 4% to 7% price rises for 2015.

However, there are still a number of properties in the state with strongly discounted homes.

Here are SQM Research’s top five vendor discounted properties in Queensland.

15/35 Kenneth Street, Morayfield

Type: Townhouse

Current asking price: $239,000

Initial asking price: $340,000

Discount: 30%

Days on market: 169

19 Aminya, Coochiemudlo Island

Type: House

Current asking price: $329,000

Initial asking price: $465,000

Discount: 29%

Days on market: 1,462

8 Stagpole Street, West End

Type: House

Current asking price: $850,000

Initial asking price: $1,200,000

Discount: 29%

Days on market: 455

87 Coondooropa Drive, Macleay Island

Current asking price: $489,000

Initial asking price: $689,000

Discount: 29%

Days on market: 1,757

713 Old Gympie Road, Narangba

Type: Land

Current asking price: $319,000

Initial asking price: $449,000

Discount: 29%

Days on market: 134

Jennifer Duke

Jennifer Duke was a property writer at Property Observer

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