Some 672 days on the market - and now at a 45% discount - Australia's most discounted offering at Closeburn: SQM

Nicola TrotmanDecember 7, 2020

A three-bedroom residence on 13.45 hectares in Closeburn tops SQM’s most discounted properties for another week.

The Queensland property (pictured below) also includes a workshop, separate office and multi vehicle parking.

closeburnjune27one

It comes with the potential of being subdivided into four two-hectare allotments.

It was originally listed for $1.45 million and after 672 days on the market, is now listed for $795,000 – a 45% price cut.

Queensland properties continue to dominate SQM’s top 10 most discounted properties list, taking out six spots.

However SQM says these Queensland properties are located in outer areas or on islands and are not necessarily a reflection of the Queensland market.

The property prices are predicted to remain flat in Brisbane for the remainder of the year.

The top ten discounted properties are

 

1.

 

34 Seraya Court Closeburn 4520

 

Days on the market: 672

Initial asking price: $1,450,000

Current asking price: $795,000

Reduction: 45%

 

2.

 

9 Hughes Street Londonderry 2753

 

Days on the market: 987

Initial asking price: $2,300,000

Current asking price: $1,290,000

Reduction: 44%

 

3.

 

1 Barry Drive Redbank Plains 4301

 

Days on the market: 112

Initial asking price: $350,000

Current asking price: $199,000

Reduction: 43%

 

4.

 

7 Cassidae Crescent Tangalooma 4025

 

Days on the market: 1,539

Initial asking price: $1,495,000

Current asking price: $875,000

Reduction: 41%

 

5.

 

4 Edgewater Place Lamb Island 4184

 

Days on the market: 1,050

Initial asking price: $425,000

Current asking price: $249,000

Reduction: 41%

 

6.

 

79 Perulpa Drive Lamb Island 4184

 

Days on the market: 1,036

Initial asking price: $499,000

Current asking price: $298,000

Reduction: 40%

 

7.

 

38 Cloverdale Road Doolandella 4077

 

Days on the market: 126

Initial asking price: $1,650,000

Current asking price: $1,000,000

Reduction: 39%

 

8.

 

15 Gretel Two Rocks 6037

Days on the market: 1,267

Initial asking price: $1,100,000

Current asking price: 699,000

Reduction: 36%

 

9.

 

368 Rheban Road Spring Beach 7190

Days on the market: 952

Initial asking price: $760,000

Current asking price: $500,000

Reduction: 34%

 

10.

134 Bay Road Berowra Waters 2082

 

Days on the market: 1,029

Initial asking price: $1,199,000

Current asking price $795,000

Reduction 34%

Nicola Trotman

With a penchant for the written word, Nicola has built a career doing just this – now Creative Director at thriving Melbourne-based PR agency, Greenpoint Media.

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