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WA landholding makes debut on SQM discount list
By
Louis Christopher
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. 1588 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
21350 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
43 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
5232-234 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
625 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
7146 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
8290 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
93 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
101/16 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. |
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The Mark at Sydney's Central Park
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Mark Armstrong Much has been spoken about the global property market and that our market will ultimately follow a similar fate and I am always at pains to point out not all property is created equal.
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