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Price drops in Banyo

Listings for sale in Banyo, QLD 4014 whose current asking price is a cut from an earlier one, and by how much. Updated daily.

Most recent cut recorded:

Listings reduced

9

28% of 32 live listings

Median cut

5.3%

$70K off the asking price

Days listed before cut

51

median, first listed to latest cut

Cuts, last 30 / 90 days

7 / 8

no current price rises

Banyo price-drop summary

9 listings in Banyo (28% of the 32 on the market) are advertised below an earlier asking price. The typical reduction is 5.3%, about $70K. House listings account for 6 of them, with a median cut of 6.5%.

Cuts by property type

TypeListings reducedMedian cut
House66.5%
Apartment26.7%
Townhouse12.1%

Largest current cuts in Banyo

By percentage, biggest first. Previous asking is the price immediately before the latest cut.

AddressPrevious askingNow askingCutCut onProperty
107 Tufnell Road$1,375,000$1,200,000-12.7%2 bed House
40 Macoma Street$949,000$850,000-10.4%3 bed House
7 Mellifont Street$1,200,000$1,100,000-8.3%5 bed House
122/29 Rochat Avenue$869,000$799,000-8.1%2 bed Apartment
1/17 Taltarni Street$659,999$624,999-5.3%2 bed Apartment
7 Elliott Road$1,575,000$1,500,000-4.8%3 bed House
31 Hazlitt Street$1,350,000$1,295,000-4.1%3 bed House
10 Kelyndar Street$919,000$889,000-3.3%3 bed House
20 Solomon Street$1,165,000$1,140,000-2.1%3 bed Townhouse

Suburb profile

Banyo market data

Median prices, rents, growth and vacancy for Banyo.

Sold prices

Recent sales in Banyo

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 Banyo: common questions

How many properties in Banyo have had a price drop?

9 listings for sale in Banyo QLD 4014 are currently advertised below an earlier asking price, 28% of the 32 listings on the market. 7 of those cuts were recorded in the last 30 days and 8 in the last 90.

How much are Banyo sellers cutting their prices by?

The median cut is 5.3%, or $70K, measured from the previous advertised asking price to the current one on each listing.

How long are Banyo listings on the market before the price drops?

A median of 51 days from when the listing first appeared to its latest price cut, across 9 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.