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