WA landholding makes debut on SQM discount list

WA landholding makes debut on SQM discount list
WA landholding makes debut on SQM discount list

A three-hectare landholding in Western Australia has come onto SQM Research's most discounted list. Although the property includes a two-bedroom, two-bathroom house, it is primarily a rural property and not exactly comparable to the other properties on the list. The acreage was listed in April 2011 with prices hopes of $5.5 million, but has recently had a $2 million knocked off its price tag. 

1

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: 469

 

2

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: 301

 

3

102 Fountain Road,  Burpengary, Queensland, 4505

On the market since: April 17, 2011

Initial asking price: $1.2 million

Current asking price: $699,000

Reduction: 42%

Days on market: 141

 

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: 787

 

5

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: 966

 

6

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: 3400

 

7

146 Maddington Road, Maddington, WA, 6109

On the market since: April 30, 2011

Initial asking price: $5.5 million

Current asking price: $3.5 million

Reduction: 36%

Days on market: 126

 

 

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: 1,187

 

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: 468

 

10

1/16 Dewar Way, Ledge Point, 6043

On the market since: November 15, 2009

Initial asking price: $375,000

Current asking price: $250,000

Reduction: 33%

Days on market: 657

 

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

Louis Christopher

Louis Christopher

Louis Christopher is the director of research house SQM Research.

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