Two new entrants on top ten most discounted list: SQM Research

Two new entrants on top ten most discounted list: SQM Research
Two new entrants on top ten most discounted list: SQM Research

Two new properties have made the top ten most discounted properties nationwide list from SQM Research, one on 15 acres in West Australia's Swan Hill and the other known as The Gasworks in South Australia's Strahalbyn.

According to Louis Christopher from SQM Research, the acerage at 163 William Street, Herne Hill, coming in at number four on the list, would be suited to someone wanting to knock down and build their very own country retreat.

Two new entrants on top ten most discounted list: SQM Research

"This family home features a whopping 15 acres and is livable, consists of three bedrooms and one bathroom. The listing suggests that the home is not for everyone, and the property would be suited for someone wanting to knock down and build their very own country retreat," he said.

"The land is cleared and majority leveled, with the current owners using the property to breed Alpacas. 

"The property has been on the market since March 20th 2015. Since then the vendor has dropped the price from $1,590,000 to $990,000, a total savings of $600,000." 

Rounding up the top ten list is 12-14 South Terrace, Strahalbyn, also known as "The Gasworks". Louis Christopher said the large beauty has been on the market since the 13th of August 2011, and has since then dropped by $521,000. 

Two new entrants on top ten most discounted list: SQM Research

"The property consists of four residences, with a total of six bedrooms, six bathrooms and accommodation for up to three vehicles. The residences sit on approximately 1 acre of well-established gardens with an abundance of native plants and trees," he said.

"Each residence appears to take the form of a stone cottage, with kitchenettes, spa baths, and plenty of sitting and living space in each."

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Two new entrants on top ten most discounted list: SQM Research

Michael Crawford

Michael Crawford

Michael is the real estate reporter for western Sydney and loves writing about homes and the people who live in them. A former production editor and news journalist, he enjoys writing about real-world property purchases as well as aspirational buys and builds. Following a recent move from Sydney’s northern beaches, Michael now actually enjoys commuting.

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