Top 10 most discounted properties in Australia at July 28

Top 10 most discounted properties in Australia at July 28
Louis ChristopherJuly 27, 2011

1

1 Flora Street, Midland, WA, 6056

On the market since: August 16, 2009

Initial asking price: $1.9 million

Current asking price: $850,000

Reduction: 55%

Days on market: 701


2

588 White Beach Road, White Beach, Tasmania, 7184

On the market since: May 23, 2010

Initial asking price: $780,000

Current asking price: $400,000

Reduction: 49%

Days on market: 420


3

1350 Wynnum Road, Tingalpa, Queensland, 4173

On the market since: November 6, 2010

Initial asking price: $700,000

Current asking price: $380,000

Reduction: 46%

Days on market: 252


4

3 Boolari Road, Gosford West, NSW, 2250

On the market since: July 8, 2009

Initial asking price: $990,000

Current asking price: $580,000

Reduction: 41%

Days on market: 738


5

1/21 Ocean Drive, Coogee, WA, 6166

On the market since: May 23, 2010

Initial asking price: $2.7 million

Current asking price: $1.6 million

Reduction: 41%

Days on market: 420


6

232-234 High Central Road, Macleay Island, Queensland, 4184

On the market since: January 11, 2009

Initial asking price: $279,000

Current asking price: $175,000

Reduction: 37%

Days on market: 917


7

25 Vicary Street, Triabunna, Tasmania, 7190

On the market since: August 2, 2010

Initial asking price: $299,000

Current asking price: $189,000

Reduction: 37%

Days on market: 350


8

290 Viveash Road, Swan View, WA, 6056

On the market since: June 5, 2008

Initial asking price: $2.29 million

Current asking price: $1.5 million

Reduction: 34%

Days on market: 1,138


9

3 Zelma Court, Macleay Island, Queensland, 4184

On the market since: May 23, 2010

Initial asking price: $380,000

Current asking price: $250,000

Reduction: 34%

Days on market: 419


10

46a Stock Road, Attadale, WA, 6156

On the market since: March 23, 2010

Initial asking price: $2.69 million

Current asking price: $1.79 million

Reduction: 33%

Days on market: 483

SQM Research also offers a list of the Top 100 Biggest Bargains in Australia for sale.

Louis Christopher

Louis Christopher is the director of research house SQM Research.

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