Price drops in Banksia Beach
Listings for sale in Banksia Beach, QLD 4507 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
26
28% of 92 live listings
Median cut
4.7%
$56K off the asking price
Days listed before cut
84
median, first listed to latest cut
Cuts, last 30 / 90 days
19 / 24
3 listings have raised instead
Banksia Beach price-drop summary
26 listings in Banksia Beach (28% of the 92 on the market) are advertised below an earlier asking price. The typical reduction is 4.7%, about $56K. House listings account for 23 of them, with a median cut of 4.6%. Going the other way, 3 listings have raised the asking price.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| House | 23 | 4.6% |
| Apartment | 2 | 5.0% |
| Duplex+Semi Detached | 1 | 8.8% |
Largest current cuts in Banksia Beach
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 10 Flamingo Drive | $1,250,000 | $1,100,000 | -12.0% | 4 bed House | |
| 4 Capstan Court | $990,000 | $900,000 | -9.1% | 3 bed House | |
| 1/16 Frederick Street | $795,000 | $725,000 | -8.8% | 2 bed Duplex+Semi Detached | |
| 3 Capstan Court | $980,000 | $900,000 | -8.2% | 4 bed House | |
| 25 Castaway Court | $1,790,000 | $1,665,000 | -7.0% | 4 bed House | |
| 17 Midyim Court | $1,800,000 | $1,675,000 | -6.9% | 5 bed House | |
| 48 Voyagers Drive | $1,600,000 | $1,500,000 | -6.3% | 5 bed House | |
| 35 Endeavour Dr | $1,200,000 | $1,125,000 | -6.3% | 5 bed House | |
| 46 Callisia Crescent | $1,249,000 | $1,175,000 | -5.9% | 3 bed House | |
| 2/70 Marina Boulevard | $1,050,000 | $989,000 | -5.8% | 5 bed Apartment | |
| 18 Cassia Avenue | $899,000 | $849,000 | -5.6% | 3 bed House | |
| 4 Anchor Court | $949,000 | $899,000 | -5.3% | 3 bed House | |
| 5 The Landing | $2,095,000 | $1,995,000 | -4.8% | 4 bed House | |
| 7 Beagle Avenue | $865,000 | $825,000 | -4.6% | 3 bed House | |
| 15 Cassia Avenue | $845,000 | $810,000 | -4.1% | 3 bed House | |
| 1/8 Bowsprit Crescent | $1,095,000 | $1,050,000 | -4.1% | 4 bed Apartment | |
| 34 Blueberry Street | $1,135,000 | $1,090,000 | -4.0% | 4 bed House | |
| 49 Kakadu Cct | $1,275,000 | $1,225,000 | -3.9% | 4 bed House | |
| 170 Marina Blvd | $1,800,000 | $1,730,000 | -3.9% | 5 bed House | |
| 42 Foxtail Crescent | $1,325,000 | $1,280,000 | -3.4% | 3 bed House | |
| 26 North Point | $2,250,000 | $2,175,000 | -3.3% | 5 bed House | |
| 11 Seafarer Place | $1,175,000 | $1,150,000 | -2.1% | 4 bed House | |
| 11 Dianella Crescent | $1,500,000 | $1,470,000 | -2.0% | 4 bed House | |
| 31 Solander Esplanade | $1,985,000 | $1,950,000 | -1.8% | 5 bed House | |
| 243 Freshwater Drive | $1,200,000 | $1,199,000 | -0.1% | 4 bed House | |
| 125 Cosmos Avenue | $1,250,000 | $1,249,000 | -0.1% | 4 bed House |
Suburb profile
Banksia Beach market data
Median prices, rents, growth and vacancy for Banksia Beach.
Sold prices
Recent sales in Banksia Beach
What buyers actually paid, and how it compared with the asking price.
Australia-wide
All price rises and cuts
The national feed of asking-price changes, filterable by state, type and size of change.
Price drops in Banksia Beach: common questions
How many properties in Banksia Beach have had a price drop?
26 listings for sale in Banksia Beach QLD 4507 are currently advertised below an earlier asking price, 28% of the 92 listings on the market. 19 of those cuts were recorded in the last 30 days and 24 in the last 90.
How much are Banksia Beach sellers cutting their prices by?
The median cut is 4.7%, or $56K, measured from the previous advertised asking price to the current one on each listing.
How long are Banksia Beach listings on the market before the price drops?
A median of 84 days from when the listing first appeared to its latest price cut, across 26 listings.
What counts as a price drop here?
A listing that is still for sale and whose current advertised asking price was set by a reduction from its previous asking price. Changes that cannot be confirmed as one advertisement repricing, such as several ads sharing one address, are left out.
Showing at most 30 listings. Asking prices are as advertised; a cut is not a sale price.